28 Forest Ave
Port Credit, Mississauga, L5G 1K8
FOR SALE
$2,250,000
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4 + 1
BEDROOMS2
BATHROOMS1 + 1
KITCHENS9 + 3
ROOMSW11894268
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Property Description
Welcome to 28 Forest Avenue, Mississauga. An exceptional property with 75 feet of frontage, ideally located within walking distance to Port Credit, GO Train station, Mentor College and a short distance to the lake. This versatile lot offers potential for development into 2 detached homes or duplexes. Currently rented for $3,900/month. For further details and to explore its full potential, please reach out to the listing agent. Your dream project awaits!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-26 | 2024-11-26 | 92 | $2,250,000 | - | Expired |
| 2024-04-24 | 2024-07-24 | 91 | $1,999,000 | - | Expired |
| 2024-04-22 | 2024-04-24 | 2 | $2,499,000 | - | Terminated |
| 2022-03-31 | 2022-04-22 | 22 | $2,399,000 | - | Suspended |
| 2022-04-06 | 2022-04-17 | 11 | $3,900 | $3,900 | Leased |
Nearby Intersections
Lakeshore & Cawthra (101)
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Lot Size
75' x 110'
Fronting
North
Taxes
$8,454 (2023)
Basement
Part Fin
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
3
Driveway
Circular
Garage Type
Built-In
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 10.89' x 5.74' | |
| Family | Main | 13.81' x 27.30' | |
| Dining | Main | 13.45' x 13.45' | |
| Kitchen | Main | 18.18' x 10.83' | |
| Office | Main | 10.83' x 13.94' | |
| Br | Main | 10.83' x 14.93' | |
| Bathroom | Main | 9.19' x 6.89' | |
| Br | 2nd | 11.06' x 14.50' | |
| Br | 2nd | 11.09' x 20.01' | |
| Kitchen | Bsmt | 13.78' x 13.78' | |
| Family | Bsmt | 13.81' x 27.30' | |
| Bathroom | Bsmt | 7.22' x 7.38' |
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Mississauga Market Statistics
Mississauga Price Trend
28 Forest Ave is a 4-bedroom 2-bathroom home listed for sale at $2,250,000, which is $876,633 (63.8%) higher than the average sold price of $1,373,367 in the last 30 days (November 17 - December 16). During the last 30 days the average sold price for a 4 bedroom home in Mississauga declined by $57,947 (4.0%) compared to the previous 30 day period (October 18 - November 16) and down $11,432 (0.8%) from the same time one year ago.Inventory Change
There were 139 4-bedroom homes listed in Mississauga over the last 30 days (November 17 - December 16), which is down 53.2% compared with the previous 30 day period (October 18 - November 16) and up 3.7% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Mississauga typically sold ($38,464) (2.8%) below asking price over the last 30 days (November 17 - December 16), which represents a $5,735 increase compared to the previous 30 day period (October 18 - November 16) and ($61,916) 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 (November 17 - December 16) stood at 61.2%, up from 47.5% over the previous 30 days (October 18 - November 16) and down from 67.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Mississauga stood at 27 days when successfully sold over the last 30 days (November 17 - December 16), compared to 54 days before being removed from the market upon being suspended or terminated.Listing contracted with Modern Solution Realty Inc.
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