2542 King Richards Pl

FOR SALE
$1,838,000
2542 King Richards Pl, Mississauga
2542 King Richards Pl
2542 King Richards Pl
2542 King Richards Pl
2542 King Richards Pl
2542 King Richards Pl
2542 King Richards Pl
2542 King Richards Pl
2542 King Richards Pl
2542 King Richards Pl
2542 King Richards Pl
2542 King Richards Pl
2542 King Richards Pl
2542 King Richards Pl
2542 King Richards Pl
2542 King Richards Pl
2542 King Richards Pl
2542 King Richards Pl
2542 King Richards Pl
2542 King Richards Pl
2542 King Richards Pl
2542 King Richards Pl
2542 King Richards Pl
2542 King Richards Pl
2542 King Richards Pl
2542 King Richards Pl
2542 King Richards Pl
2542 King Richards Pl
2542 King Richards Pl
2542 King Richards Pl
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2542 King Richards Pl
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4 + 1
BEDROOMS
4
BATHROOMS
1
KITCHENS
9 + 3
ROOMS
W9510381
MLSID
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Property Description
Fantastic 5 bedroom all brick home nestled on a 64 by 117 foot lot and located in the sought area of Sherwood Forrest. Spacious Living and Dining Room area with hardwood floors, crown moulding, accent pot lighting, French doors, and wood burning fireplace with custom mantle. Family size eat-in kitchen with breakfast area, stainless steel appliances with gas stove, ceramic backsplash, built-in desk, and walk-out to patio area. Main floor Family Room with floor to ceiling brick fireplace and 2nd walk-out to yard. Convenient main floor laundry/mud room, front entrance area with crown moulding, and 2 piece powder room. Hardwood floors throughout 4 upper level bedrooms and all with large double closets. Primary bedroom retreat with updated 4 piece en-suite (2023) and his/her closets. Main 5 piece bathroom with his/her sinks and second bedroom with wall to wall built-in bookcase. Large linen closet and upper level hallway cathedral ceilings with 3 Velux skylights providing lots of natural light. Finished basement with new laminate floors (2024), recreation area with third fireplace, built-in shelving, 5th bedroom, sauna, cold cellar, and lots of storage space. Gorgeous curb appeal with beautifully landscaped gardens, wrought iron fence, and towering treed landscape. Backyard oasis with sunny west exposure, concrete walkways, interlocking stone patio area, newer fence (2019), electrically heated insulated/finished workshop/studio with cable television. Featuring painted exterior (2023), newer roof (2016) with 30 year shingles, newer eaves, large Pella windows with recently installed designer series integral blinds, two Pella sliding doors, wireless security system/cameras (2024), soffit/fascia (2018) and gutter guards.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-08-23 2024-10-24 62 $1,900,000 - Terminated
Extras
Ideal family location just steps away to Sherwood Green Park with tennis, basketball, and kids play area. Located just minutes to schools, trails, shopping, restaurants, transit, highways, Clarkson Go Station, & University of Toronto (UTM)
Nearby Intersections
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
65' x 117'
Fronting
West
Taxes
$9,087 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain13.09' x 19.09'Hardwood Floor, Fireplace, Crown Moulding
DiningMain12.83' x 15.58'Hardwood Floor, Crown Moulding, French Doors
KitchenMain12.99' x 17.16'Stainless Steel Appl, Breakfast Area, W/O To Patio
FamilyMain11.52' x 18.01'Broadloom, Fireplace, W/O To Patio
Prim Bdrm2nd11.84' x 18.24'Hardwood Floor, 4 Pc Ensuite, His/Hers Closets
2nd Br2nd11.42' x 15.32'Hardwood Floor, Double Closet, B/I Bookcase
3rd Br2nd13.25' x 15.26'Hardwood Floor, Double Closet, O/Looks Backyard
4th Br2nd12.17' x 13.25'Hardwood Floor, Double Closet, O/Looks Frontyard
RecBsmt12.99' x 32.25'Laminate, Fireplace
5th BrBsmt8.66' x 15.16'Laminate, Closet
Mississauga Market Statistics
Mississauga Price Trend
2542 King Richards Pl is a 4-bedroom 4-bathroom home listed for sale at $1,838,000, which is $447,622 (32.2%) higher than the average sold price of $1,390,378 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 4 bedroom home in Mississauga declined by $125,316 (8.3%) compared to the previous 30 day period (September 21 - October 20) and down $97,934 (6.6%) from the same time one year ago.
Inventory Change
There were 275 4-bedroom homes listed in Mississauga over the last 30 days (October 21 - November 19), which is down 4.2% compared with the previous 30 day period (September 21 - October 20) and up 28.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Mississauga typically sold ($38,739) (2.8%) below asking price over the last 30 days (October 21 - November 19), which represents a $4,492 increase compared to the previous 30 day period (September 21 - October 20) and ($64,887) 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 4-bedroom homes in Mississauga over the last 30 days (October 21 - November 19) stood at 50.5%, up from 46.0% over the previous 30 days (September 21 - October 20) and up from 41.1% 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 23 days when successfully sold over the last 30 days (October 21 - November 19), compared to 58 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realty Specialists Inc.
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