28 Forest Ave

FOR SALE
$1,999,000
28 Forest Ave, Mississauga
28 Forest Ave
28 Forest Ave
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4 + 1
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
9 + 3
ROOMS
W8267778
MLSID
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Property Description
Welcome to this exceptional property with 75 feet of frontage, ideally located within walking distance to the Go Train station and just short distance to the lake. With the potential to be developed into detached home, this listing presents a prime investment opportunity. For further details and to explore its full potential, please don't hesitate to reach out to the listing agent. Your dream project awaits!
Listing History
List Date End Date Days Listed List Price Sold Price Status
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
Property Details
Community
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
Room Summary
RoomLevelSizeFeatures
FoyerMain10.89' x 5.74'
FamilyMain13.81' x 27.30'
DiningMain13.45' x 13.45'
KitchenMain18.18' x 10.83'
OfficeMain10.83' x 13.94'
BrMain10.83' x 14.93'
BathroomMain9.19' x 6.89'
Br2nd11.06' x 14.50'
Br2nd11.09' x 20.01'
KitchenBsmt13.78' x 13.78'
FamilyBsmt13.81' x 27.30'
BathroomBsmt7.22' x 7.38'
Mississauga Market Statistics
Mississauga Price Trend
28 Forest Ave is a 4-bedroom 2-bathroom home listed for sale at $1,999,000, which is $461,579 (30.0%) higher than the average sold price of $1,537,421 in the last 30 days (April 4 - May 3). During the last 30 days the average sold price for a 4 bedroom home in Mississauga increased by $29,322 (1.9%) compared to the previous 30 day period (March 5 - April 3) and down $6,131 (0.4%) from the same time one year ago.
Inventory Change
There were 326 4-bedroom homes listed in Mississauga over the last 30 days (April 4 - May 3), which is up 41.1% compared with the previous 30 day period (March 5 - April 3) and up 35.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Mississauga typically sold ($33,462) (2.2%) below asking price over the last 30 days (April 4 - May 3), which represents a $21,371 decrease compared to the previous 30 day period (March 5 - April 3) and ($3,282) 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 4-bedroom homes in Mississauga over the last 30 days (April 4 - May 3) stood at 52.8%, down from 56.3% over the previous 30 days (March 5 - April 3) and down from 70.4% 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 17 days when successfully sold over the last 30 days (April 4 - May 3), compared to 47 days before being removed from the market upon being suspended or terminated.
Listing contracted with Modern Solution Realty Inc.
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