28 Forest Ave
Port Credit, Mississauga, L5G 1K8
FOR SALE
$2,235,000
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4 + 1
BEDROOMS2
BATHROOMS1 + 1
KITCHENS9 + 3
ROOMSW11925302
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Property Description
Welcome to 28 Forest Avenue, Mississaugaa remarkable property boasting 75 feet of frontage and an unbeatable location just a short walk from Port Credit, the GO Train station, Mentor College, and the lake. This prime lot offers great potential for redevelopment into two detached homes or duplexes. Currently generating $3,900/month in rental income. For more information and to discover its full potential, contact the listing agent today. Your next project is waiting!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-12-16 | 2025-01-15 | 30 | $2,250,000 | - | Terminated |
| 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 (94)
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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 (2024)
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 $2,235,000, which is $851,054 (61.5%) higher than the average sold price of $1,383,946 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 4 bedroom home in Mississauga increased by $1,554 (0.1%) compared to the previous 30 day period (November 18 - December 17) and down $105,900 (7.1%) from the same time one year ago.Inventory Change
There were 129 4-bedroom homes listed in Mississauga over the last 30 days (December 18 - January 16), which is down 8.5% compared with the previous 30 day period (November 18 - December 17) and up 87.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Mississauga typically sold ($53,153) (3.8%) below asking price over the last 30 days (December 18 - January 16), which represents a $14,832 decrease compared to the previous 30 day period (November 18 - December 17) and ($58,196) 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 (December 18 - January 16) stood at 61.2%, down from 74.5% over the previous 30 days (November 18 - December 17) and down from 111.6% 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 39 days when successfully sold over the last 30 days (December 18 - January 16), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Modern Solution Realty Inc.
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