1486 Emerson Lane
East Credit, Mississauga, L5V 1L6
FOR SALE
$1,688,000
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4 + 2
BEDROOMS4
BATHROOMS1 + 1
KITCHENS10 + 4
ROOMSW8282082
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Property Description
Immaculate detached home in the highly sought-after East Credit community on a premium oversize lot with over 2,400 square feet above grade. The freshly painted interior is drenched in an abundance of natural light and boasts large primary living spaces that seamlessly blend together and are designed with gleaming hardwood floors found throughout the main and upper levels. Spacious kitchen with ample upper and lower cabinetry, stainless steel appliances, and granite countertops. Open concept family room with wood burning fireplace overlooks the kitchen / breakfast area with direct access to the oversize backyard deck. For rest and relaxation, step into the primary suite above with a large walk-in closet and an elegant 4pc upgraded ensuite with soaker tub/shower. 3 more spacious bedrooms down the hall with their own design details that share a 4pc bath. For those looking for either a sound investment opportunity or a home that caters to multi-generational living, the basement apartment offers you just that with a fully equipped kitchen, 2 bedrooms, and a recreation area. Largest lot on the street with endless possibilities for a dream backyard oasis!
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Extras
Centrally located to parks with serene walking trails, grocery stores, great schools, Heartland Town Centre, Erin Mills Town Centre, Square One Shopping Centre, Hwy 401, and more!
Property Features
Golf, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
27' x 179'
Fronting
South
Taxes
$7,070 (2024)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Built-In
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 9.78' x 8.83' | Stainless Steel Coun, Granite Counter, Backsplash |
| Breakfast | Main | 9.78' x 8.83' | W/O To Patio, O/Looks Family, Hardwood Floor |
| Dining | Main | 13.45' x 9.91' | Wainscoting, O/Looks Living, Hardwood Floor |
| Living | Main | 16.99' x 9.91' | Pot Lights, Crown Moulding, Hardwood Floor |
| Family | Main | 15.91' x 10.37' | Fireplace, Large Window, Hardwood Floor |
| Prim Bdrm | 2nd | 17.95' x 16.67' | 4 Pc Ensuite, W/I Closet, Hardwood Floor |
| 2nd Br | 2nd | 14.01' x 9.91' | Window, Closet, Hardwood Floor |
| 3rd Br | 2nd | 14.14' x 9.94' | Window, Closet, Hardwood Floor |
| 4th Br | 2nd | 10.99' x 9.97' | Window, Closet, Hardwood Floor |
| 5th Br | Bsmt | 13.22' x 9.58' | Above Grade Window, Mirrored Closet, Laminate |
| Br | Bsmt | 11.65' x 9.61' | Above Grade Window, Mirrored Closet, Laminate |
| Kitchen | Bsmt | 9.94' x 9.38' | Combined W/Rec, Backsplash, Tile Floor |
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Mississauga Market Statistics
Mississauga Price Trend
1486 Emerson Lane is a 4-bedroom 4-bathroom home listed for sale at $1,688,000, which is $71,129 (4.4%) higher than the average sold price of $1,616,871 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 4 bedroom home in Mississauga increased by $81,707 (5.3%) compared to the previous 30 day period (March 15 - April 13) and up $65,572 (4.2%) from the same time one year ago.Inventory Change
There were 383 4-bedroom homes listed in Mississauga over the last 30 days (April 14 - May 13), which is up 82.4% compared with the previous 30 day period (March 15 - April 13) and up 51.4% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Mississauga typically sold ($33,042) (2.0%) below asking price over the last 30 days (April 14 - May 13), which represents a $14,420 decrease compared to the previous 30 day period (March 15 - April 13) and $13,819 less 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 4-bedroom homes in Mississauga over the last 30 days (April 14 - May 13) stood at 33.7%, down from 79.5% over the previous 30 days (March 15 - April 13) and down from 77.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Mississauga stood at 18 days when successfully sold over the last 30 days (April 14 - May 13), compared to 35 days before being removed from the market upon being suspended or terminated.Listing contracted with Sam Mcdadi Real Estate Inc.
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