28 Forest Ave

FOR SALE
$2,250,000
28 Forest Ave, Mississauga
28 Forest Ave
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4 + 1
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
9 + 3
ROOMS
W9269709
MLSID
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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!
Listing History
List Date End Date Days Listed List Price Sold Price Status
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
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 $2,250,000, which is $859,622 (61.8%) 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 2-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 Modern Solution Realty Inc.
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