40 Park St W

FOR SALE
$1,199,999
40 Park St W, Mississauga
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2 + 1
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
6 + 4
ROOMS
W11971184
MLSID
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Property Description
Charming Port Credit Gem with River ViewsNestled in the heart of Port Credit, this cozy home offers the perfect blend of comfort, convenience, and potential. Overlooking the serene Credit River, it provides a peaceful retreat just steps away from all the vibrant amenities that this trendy village has to offer. Leave your car behind and enjoy the luxury of walking to restaurants, cafes, the boat launch, rowing clubs, and more. Year-round activities await at Memorial Park, Rattray Marsh, and along the Waterfront Trail, all just moments from your doorstep.This bright and airy home features a spacious, renovated interior with an abundance of natural light pouring in through multiple skylights in the kitchen and loft. The main floor bedroom opens directly to a beautifully landscaped garden and patio area, perfect for outdoor relaxation or entertaining. The modern wooden fence and charming pergola at the entry offer great curb appeal, while the upper balcony off the loft provides breathtaking views of the river, an ideal spot for enjoying your morning coffee.Newly renovated basement is the perfect space for hosting guests with its bedroom and private bathroom. The kitchenette with built-in Fulgor-Milano fridge is perfect for casual dining and preparing drinks. Or use this open space for movie nights or a workout area. Convenience is key with a short 10-minute walk to the GO station, as well as proximity to Farm Boy and Loblaws for all your shopping needs. Don't miss out on the opportunity to live in one of the most sought-after neighbourhoods in Mississauga. For investors, this property offers the potential for future development/renovation with multiple layout options, including two-storey and triplex configurations. Floor plans are available upon request.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2025-01-17 2025-02-12 26 $1,299,999 - Terminated
2019-10-22 2019-10-29 8 $3,000 $3,050 Leased
2019-07-24 2019-09-01 39 $1,039,000 $1,020,000 Sold
Nearby Intersections
Property Features
Park, River/Stream
Property Details
Street
Community
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
1100-1500
Lot Size
106' x 74'
Lot Irregularities
Triangular with 2 sides of 75.82&93.19ft
Fronting
South
Taxes
$6,286 (2024)
Basement
Finished
Exterior
Stucco/Plaster
Heat Type
Baseboard
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain13.39' x 15.91'
DiningMain13.39' x 7.41'
KitchenMain14.14' x 7.05'
BrMain9.32' x 15.39'
BathroomMain7.74' x 6.50'4 Pc Bath
2nd Br2nd16.90' x 16.57'
3rd BrBsmt10.99' x 10.99'
KitchenBsmt9.09' x 7.55'
RecBsmt21.00' x 10.99'
BathroomBsmt9.84' x 4.92'3 Pc Bath
Mississauga Market Statistics
Mississauga Price Trend
40 Park St W is a 2-bedroom 2-bathroom home listed for sale at $1,199,999, which is $181,499 (17.8%) higher than the average sold price of $1,018,500 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Mississauga declined by $456,357 (30.9%) compared to the previous 30 day period (December 22 - January 20) and down $474,833 (31.8%) from the same time one year ago.
Inventory Change
There were 12 2-bedroom homes listed in Mississauga over the last 30 days (January 21 - February 19), which is down 20.0% compared with the previous 30 day period (December 22 - January 20) and up 100.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Mississauga typically sold $89,500 (8.8%) above asking price over the last 30 days (January 21 - February 19), which represents a $139,247 increase compared to the previous 30 day period (December 22 - January 20) and ($88,999) 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 2-bedroom homes in Mississauga over the last 30 days (January 21 - February 19) stood at 16.7%, down from 46.7% over the previous 30 days (December 22 - January 20) and down from 50.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Mississauga stood at 5 days when successfully sold over the last 30 days (January 21 - February 19), compared to 43 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife Maple Leaf Realty Ltd.
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