2794 Rainbow Cres

FOR SALE
$1,899,900
2794 Rainbow Cres, Mississauga
2794 Rainbow Cres
2794 Rainbow Cres
2794 Rainbow Cres
2794 Rainbow Cres
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5
BEDROOMS
5
BATHROOMS
1
KITCHENS
10 + 2
ROOMS
W9389049
MLSID
Contact Us
Property Description
Stunning 5 Bedroom Home. Approx. 4000 Sq Ft Of Quiet Luxury. 9ft Ceilings, French Doors. High Door Frames Main Floor, 5 Washrooms, Cornice Mouldings, Beautifully Landscaped Lot With W/O To Deck & Hot Tub. Miles Of Walking Trails And School & Transit As Well As Shopping. Separate Entrance To Basement. A Must See
Extras
Newer Furnace And CAC
Nearby Intersections
Property Features
Hospital, Place Of Worship, Public Transit
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
58' x 108'
Acreage
< .50
Lot Irregularities
Irregular shaped lot
Fronting
North
Taxes
$9,565 (2023)
Basement
Finished, 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
Attached
Room Summary
RoomLevelSizeFeatures
LivingGround12.96' x 19.29'Hardwood Floor, Bay Window, Separate Rm
KitchenGround12.96' x 29.59'Ceramic Floor, Centre Island, W/O To Deck
FamilyGround13.39' x 22.93'Hardwood Floor, Brick Fireplace, Bay Window
DenGround12.96' x 13.94'Hardwood Floor, Bay Window, O/Looks Living
Prim Bdrm2nd13.39' x 27.95'Broadloom, 5 Pc Ensuite, His/Hers Closets
2nd Br2nd12.96' x 19.42'Broadloom, 4 Pc Ensuite, Closet
3rd Br2nd12.96' x 17.75'Broadloom, Closet
4th Br2nd12.96' x 14.60'Broadloom, Closet
5th Br2nd11.98' x 12.63'Broadloom, Closet
FamilyLower18.80' x 25.69'Wet Bar
DiningGround15.91' x 14.93'Hardwood Floor, Picture Window, Separate Rm
GamesLower12.01' x 14.37'Open Concept, Electric Fireplace
Mississauga Market Statistics
Mississauga Price Trend
2794 Rainbow Cres is a 5-bedroom 5-bathroom home listed for sale at $1,899,900, which is $500,231 (20.8%) lower than the average sold price of $2,400,131 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 5 bedroom home in Mississauga increased by $540,677 (29.1%) compared to the previous 30 day period (August 18 - September 16) and up $285,776 (13.5%) from the same time one year ago.
Inventory Change
There were 32 5-bedroom homes listed in Mississauga over the last 30 days (September 17 - October 16), which is down 13.5% compared with the previous 30 day period (August 18 - September 16) and down 23.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Mississauga typically sold ($200,280) (8.3%) below asking price over the last 30 days (September 17 - October 16), which represents a $144,875 decrease compared to the previous 30 day period (August 18 - September 16) and ($65,444) 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 5-bedroom homes in Mississauga over the last 30 days (September 17 - October 16) stood at 25.0%, down from 29.7% over the previous 30 days (August 18 - September 16) and up from 16.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 5-bathroom home in Mississauga stood at 23 days when successfully sold over the last 30 days (September 17 - October 16), compared to 85 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Real Estate Services Ltd.
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