3050 Lenester Dr

FOR SALE
$1,450,000
3050 Lenester Dr, Mississauga
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4 + 2
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
15
ROOMS
W11990402
MLSID
Contact Us
Property Description
Attention investors looking for a great cash flow and homeowners looking for a property that will pay your mortgage+! 2 units with potential for 3rd unit. Perfect garden suite potential (ADU). Rare opportunity to own this just renovated 4 bedroom, 3 full bathroom home with self-contained 2 bedroom in-law suite with separate entrance and separate everything. PLUS large corner lot perfect for a Garden Suite. Potentially creating 3 units. City of Mississauga pre-approved garden suite plans included. Gorgeous, renovated home to attract highest rents and best tenants. Or a beautiful home to live and earn income. New flooring throughout, quartz counter tops, freshly painted in designer colours, 10 appliances, new roof, and the list goes on. 5 parking spots. The large corner lot is perfect for building a garden suite with access to the street and still having a side yard on other side of house. See drawing attached to listing. (Or use as a high income student rental with 7 bedrooms plus potential garden suite. 7 min bus ride to U o T Mississauga Campus. Before renovations, used as a student rental generating significant $$$ positive cash flow.) Check out Multi-Media Tour and Video!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2025-01-16 2025-02-15 30 $1,450,000 - Terminated
2024-12-07 2024-12-20 13 $1,499,900 - Terminated
2022-03-22 2022-04-01 10 $1,499,000 $1,300,000 Sold
2022-03-16 2022-03-22 6 $1,650,000 - Terminated
2022-03-05 2022-03-15 10 $1,500,000 - Terminated
Nearby Intersections
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
68' x 120'
Fronting
South
Taxes
$7,081 (2024)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain12.01' x 17.49'Hardwood Floor
DiningMain8.99' x 10.66'Formal Rm, Hardwood Floor, Window
KitchenMain14.01' x 10.33'Eat-In Kitchen, Ceramic Floor
FamilyMain14.40' x 10.33'Side Door, Hardwood Floor, W/O To Patio
Prim Bdrm2nd13.42' x 10.99'Hardwood Floor
2nd Br2nd9.74' x 11.09'Hardwood Floor
3rd Br2nd10.17' x 8.99'Hardwood Floor
4th Br2nd9.42' x 10.01'Hardwood Floor
RecLower11.75' x 10.93'
BrLower10.99' x 14.01'
BrLower10.93' x 10.93'
KitchenLower8.92' x 11.09'
Mississauga Market Statistics
Mississauga Price Trend
3050 Lenester Dr is a 4-bedroom 3-bathroom home listed for sale at $1,450,000, which is $120,250 (7.7%) lower than the average sold price of $1,570,250 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Mississauga increased by $85,312 (5.7%) compared to the previous 30 day period (December 22 - January 20) and up $147,241 (10.3%) from the same time one year ago.
Inventory Change
There were 214 4-bedroom homes listed in Mississauga over the last 30 days (January 21 - February 19), which is up 56.2% compared with the previous 30 day period (December 22 - January 20) and up 40.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Mississauga typically sold ($58,376) (3.7%) below asking price over the last 30 days (January 21 - February 19), which represents a $6,036 decrease compared to the previous 30 day period (December 22 - January 20) and ($30,385) 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 (January 21 - February 19) stood at 45.3%, down from 53.3% over the previous 30 days (December 22 - January 20) and down from 55.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Mississauga stood at 28 days when successfully sold over the last 30 days (January 21 - February 19), compared to 75 days before being removed from the market upon being suspended or terminated.
Listing contracted with Ipro Realty Ltd
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