1635 Kenmuir Ave
Mineola, Mississauga, L5G 4B6
FOR SALE
$1,399,000
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Property Description
Opportunity to own a prime investment property in the highly desirable East Mineola, Mississauga! Thisbungalow features three separate units: a one-bedroom basement unit and two main-level one-bedroomunits, providing excellent rental income potential. The detached 2-car garage offers the potential to add agarden suite, increasing the property's income-generating capabilities.The existing structure offers animmediate return on investment while also presenting a unique opportunity for redevelopment. The 57' x145' lot is ideal for developers and renovators looking to build a custom home in a sought-afterneighbourhood.Surrounded by custom-built homes, this property boasts exclusivity, tranquility, andconvenience. Located near exceptional schools, renowned dining establishments, and offers easy access toQEW/DVP and Hwy 427, along with a wealth of amenities.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-30 | 2024-09-18 | 50 | $1,500,000 | - | Terminated |
| 2024-07-09 | 2024-07-30 | 21 | $1,199,900 | - | Terminated |
Nearby Intersections
Cawthra & QEW (108)
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
57' x 145'
Acreage
< .50
Fronting
West
Taxes
$6,700 (2023)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.17' x 11.15' | |
| Kitchen | Main | 6.23' x 6.89' | |
| Prim Bdrm | Main | 10.83' x 10.17' | |
| 2nd Br | Main | 10.50' x 10.50' | |
| 3rd Br | Main | 9.51' x 10.17' | |
| 4th Br | Bsmt | 12.14' x 12.80' | |
| Kitchen | Bsmt | 9.19' x 4.27' | |
| Bathroom | Main | 5.25' x 6.89' | 3 Pc Bath |
| Bathroom | Bsmt | 6.23' x 5.58' | 3 Pc Bath |
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Mississauga Market Statistics
Mississauga Price Trend
1635 Kenmuir Ave is a 3-bedroom 2-bathroom home listed for sale at $1,399,000, which is $223,161 (19.0%) higher than the average sold price of $1,175,839 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 3 bedroom home in Mississauga increased by $19,917 (1.7%) compared to the previous 30 day period (July 21 - August 19) and up $28,060 (2.4%) from the same time one year ago.Inventory Change
There were 289 3-bedroom homes listed in Mississauga over the last 30 days (August 20 - September 18), which is up 18.0% compared with the previous 30 day period (July 21 - August 19) and up 25.1% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Mississauga typically sold ($29,247) (2.5%) below asking price over the last 30 days (August 20 - September 18), which represents a $3,336 increase compared to the previous 30 day period (July 21 - August 19) and $905 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 3-bedroom homes in Mississauga over the last 30 days (August 20 - September 18) stood at 52.2%, down from 56.7% over the previous 30 days (July 21 - August 19) and up from 45.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Mississauga stood at 24 days when successfully sold over the last 30 days (August 20 - September 18), compared to 44 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty
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