1607 Watersedge Rd

FOR SALE
$2,999,990
1607 Watersedge Rd, Mississauga
1607 Watersedge Rd
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2 + 2
BEDROOMS
5
BATHROOMS
1
KITCHENS
7 + 2
ROOMS
W9010505
MLSID
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Property Description
THAT View of LAKE ONTARIO FROM YOUR KITCHEN AND LIVING ROOM!! Fully Upgraded with Unique and Elegant Finishes with ONLY 1 MINUTE WALK TO THE LAKE - Ultimate Luxury With Serenity!! Open Concept Exquisite Gourmet Kitchen With High End Appliances, Huge Centre Island and Walk Out to the Private Backyard. Living Area with Huge Windows for that Natural Light. Spectacular Main Floor Primary Bedroom with an 4 Piece Ensuite & Built-in Closet. Second Bedroom on the Main floor with view of the Backyard. Main Floor Office Space. Attached Bath with Every Bedroom. Lower Level is Fully Finished with Built-in Fireplace, Wet Bar, Theatre Room, Two Beautiful Bedrooms with Two Baths. Oversized Double Car Garage. Walking distance to the Bike Trails and Tennis Court. See the list of upgrades for further details.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-04-24 2024-06-19 56 $3,789,000 - Terminated
2021-12-23 2022-01-18 26 $2,999,999 - Terminated
Extras
Existing Stove, Fridge, Dishwasher, 2 Extra Fridge Drawers, Built-in Oven, Washer, Dryer, and existing light fixtures
Property Details
Community
Property Type
Detached, Bungalow-Raised
Lot Size
150' x 160'
Fronting
North
Taxes
$10,254 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick Front, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
8
Driveway
Front Yard
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingMain18.70' x 24.61'Hardwood Floor
KitchenMain17.39' x 23.29'Ceramic Floor
OfficeMain11.48' x 14.11'Access To Garage
BrMain12.47' x 18.37'4 Pc Ensuite, B/I Closet
2nd BrMain12.14' x 12.47'3 Pc Ensuite, B/I Closet
FamilyBsmt14.76' x 26.90'B/I Bar
Mississauga Market Statistics
Mississauga Price Trend
1607 Watersedge Rd is a 2-bedroom 5-bathroom home listed for sale at $2,999,990, which is $1,868,190 (165.1%) higher than the average sold price of $1,131,800 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 2 bedroom home in Mississauga increased by $2,423 (0.2%) compared to the previous 30 day period (July 20 - August 18) and up $11,658 (1.0%) from the same time one year ago.
Inventory Change
There were 15 2-bedroom homes listed in Mississauga over the last 30 days (August 19 - September 17), which is up 87.5% compared with the previous 30 day period (July 20 - August 18) and up 7.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Mississauga typically sold ($36,420) (3.2%) below asking price over the last 30 days (August 19 - September 17), which represents a $57,637 decrease compared to the previous 30 day period (July 20 - August 18) and ($18,699) 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 2-bedroom homes in Mississauga over the last 30 days (August 19 - September 17) stood at 33.3%, down from 62.5% over the previous 30 days (July 20 - August 18) and down from 50.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 5-bathroom home in Mississauga stood at 36 days when successfully sold over the last 30 days (August 19 - September 17), compared to 57 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realty Services Inc.
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