1505 Indian Rd

FOR SALE
$2,650,000
1505 Indian Rd, Mississauga
1505 Indian Rd
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4 + 2
BEDROOMS
5
BATHROOMS
1
KITCHENS
10 + 5
ROOMS
W9346487
MLSID
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Property Description
Gorgeous Lorne Park home approximately 3900 square feet above grade with triple car garage and inground pool. Fantastic layout with 9 foot ceilings, new staircase (2022) with wrought iron spindles, and new hardwood floors (2022) throughout the main level. Spacious Living room with floor to ceiling windows allowing an abundance of natural light. Formal Dining area and a convenient main floor office with double door entry. Family size kitchen with ceramic floor/backsplash, built-in pantry, stainless steel appliances, and walk-out to deck. Open concept Family room with floor to ceiling brick gas fireplace, 2 piece powder room, and main floor laundry. Primary bedroom retreat with 5 piece en-suite with jacuzzi tub, and walk-in closet with organizers. Second and third bedrooms with 5 piece semi en-suite, his/her sinks and large closet space. Fourth bedroom with 4 piece en-suite and large double closet. Finished basement with separate entrance from the laundry room leading to recreation area with laminate floors, wet bar, 5th/6th bedrooms, 3 piece bathroom, 2nd staircase to basement, plenty of storage, and cold cellar. Private treed backyard oasis with pool, deck, and beautiful landscaped gardens. Great curb appeal with newer windows (4 years approx.), patterned concrete circular driveway and walkways.
Extras
Premium location just minutes to schools, parks, trails, shopping, restaurants, Clarkson Go Station, transit and highways.
Nearby Intersections
Property Details
Street
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
72' x 128'
Fronting
East
Taxes
$13,003 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
6
Driveway
Circular
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain12.66' x 20.67'Hardwood Floor, Separate Rm, O/Looks Frontyard
DiningMain13.25' x 16.83'Hardwood Floor, Separate Rm
KitchenMain12.93' x 12.99'Ceramic Floor, Ceramic Back Splash
BreakfastMain14.93' x 16.83'Ceramic Floor, W/O To Deck
FamilyMain11.91' x 22.57'Hardwood Floor, Gas Fireplace, O/Looks Backyard
OfficeMain12.24' x 13.85'Hardwood Floor, Separate Rm
Prim Bdrm2nd16.99' x 18.93'Hardwood Floor, W/I Closet, 5 Pc Ensuite
2nd Br2nd11.42' x 15.42'Hardwood Floor, Semi Ensuite, O/Looks Backyard
3rd Br2nd11.42' x 15.42'Hardwood Floor, Semi Ensuite, Closet
4th Br2nd11.58' x 18.83'Hardwood Floor, 4 Pc Ensuite, Double Closet
RecBsmt20.93' x 24.84'Laminate, Wet Bar, 3 Pc Bath
BrBsmt10.76' x 24.08'Broadloom, W/W Closet
Mississauga Market Statistics
Mississauga Price Trend
1505 Indian Rd is a 4-bedroom 5-bathroom home listed for sale at $2,650,000, which is $1,202,129 (83.0%) higher than the average sold price of $1,447,871 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 4 bedroom home in Mississauga increased by $27,351 (1.9%) compared to the previous 30 day period (July 20 - August 18) and down $62,843 (4.2%) from the same time one year ago.
Inventory Change
There were 282 4-bedroom homes listed in Mississauga over the last 30 days (August 19 - September 17), which is up 1.1% compared with the previous 30 day period (July 20 - August 18) and up 10.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Mississauga typically sold ($44,488) (3.1%) below asking price over the last 30 days (August 19 - September 17), which represents a $1,704 increase compared to the previous 30 day period (July 20 - August 18) and ($35,091) 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 (August 19 - September 17) stood at 41.8%, up from 31.2% over the previous 30 days (July 20 - August 18) and up from 32.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Mississauga stood at 21 days when successfully sold over the last 30 days (August 19 - September 17), compared to 60 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realty Specialists Inc.
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