1426 Indian Grve
Lorne Park, Mississauga, L5H 2S6
FOR SALE
$2,499,850
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Property Description
Attention Investors, Builders, And Visionaries! A Remarkable Opportunity Awaits In The Prestigious Enclave Of Lorne Park. This Expansive Lot, Spanning 86.39 X 427.39 Feet, Offers An Extraordinary Canvas To Craft Your Dream Residence. Surrounded By Serene Landscapes And Nestled Among Multi-Million-Dollar Estates, This Property Promises A Lifestyle Of Privacy And Exclusivity. Immerse Yourself In The Vibrant Atmosphere Of Port Credit And The Picturesque Lake Ontario Waterfront, Just Minutes Away, Where Endless Amenities And Recreational Pursuits Await. With Parks, Trails, And Top-Tier Schools All Within Easy Reach, This Location Perfectly Balances Leisure And Education. Enjoy Seamless Commuting With Convenient Access To Major Routes Like The QEW And Close Proximity To Port Credit And Clarkson GO Stations. Plus, Downtown Toronto And The Airport Are Merely A 15-Minute Drive Away. Delight In Nearby Shopping, Dining, Entertainment, And Cultural Hubs. Don't Let This Prime Opportunity In Lorne Park Pass You By!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-04 | 2024-08-23 | 19 | $2,800 | $2,800 | Leased |
| 2024-05-22 | 2024-06-28 | 37 | $2,499,850 | - | Terminated |
| 2024-03-28 | 2024-05-23 | 56 | $2,999,850 | - | Terminated |
| 2022-09-27 | 2022-10-08 | 11 | $2,999 | $2,800 | Leased |
| 2022-09-10 | 2022-09-27 | 17 | $3,000 | - | Terminated |
| 2022-07-17 | 2022-09-27 | 72 | $3,990,000 | - | Terminated |
| 2022-01-09 | 2022-01-16 | 7 | $3,000 | $2,600 | Leased |
Nearby Intersections
QEW & Mississauga (36)
Mississauga & Indian (13)
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
85' x 427'
Fronting
West
Taxes
$13,244 (2024)
Basement
Part Bsmt, Unfinished
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
10
Driveway
Private
Garage Type
Attached
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Mississauga Market Statistics
Mississauga Price Trend
1426 Indian Grve is a 3-bedroom 1-bathroom home listed for sale at $2,499,850, which is $1,425,267 (132.6%) higher than the average sold price of $1,074,583 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 3 bedroom home in Mississauga declined by $57,360 (5.1%) compared to the previous 30 day period (November 18 - December 17) and down $26,335 (2.4%) from the same time one year ago.Inventory Change
There were 78 3-bedroom homes listed in Mississauga over the last 30 days (December 18 - January 16), which is down 37.6% compared with the previous 30 day period (November 18 - December 17) and up 32.2% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Mississauga typically sold ($16,310) (1.5%) below asking price over the last 30 days (December 18 - January 16), which represents a $4,588 increase compared to the previous 30 day period (November 18 - December 17) and ($40,541) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Mississauga over the last 30 days (December 18 - January 16) stood at 85.9%, down from 104.8% over the previous 30 days (November 18 - December 17) and down from 118.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Mississauga stood at 32 days when successfully sold over the last 30 days (December 18 - January 16), compared to 78 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realty Enterprises Inc.
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