431 Commonwealth Circ

FOR SALE
$1,300,000
431 Commonwealth Circ, Mississauga
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4 + 1
BEDROOMS
4
BATHROOMS
1 + 1
KITCHENS
8 + 2
ROOMS
W10428586
MLSID
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Property Description
Discover the perfect blend of comfort, convenience, and opportunity with this detached 4-bedroom property in the heart of Mississauga! Set on a sunny, spacious corner lot, this freshly painted home is a rare find in a prime location. Just steps from Square One, Sheridan College, public transit, parks, and all the amenities of downtown Mississauga, this property puts everything you need right at your doorstep. The main level features a bright, open layout with plenty of natural light and space for entertaining. Upstairs, you'll find generously sized bedrooms ideal for growing families. The lower level offers a self-contained 1-bedroom apartment with a private entrance perfect for rental income, an in-law suite, or multi-generational living. With its unbeatable location, versatile layout, and endless potential, this home is a fantastic opportunity for families and investors alike. Whether you're looking to settle down or make a smart investment, this property checks all the boxes.
Extras
Bathrooms Second Floor and Basement (2022), Roof (2018), Furnace and A/C (2011), Main Floor Hardwood (2013), Windows (2011), Hot Water Tank Owned (2019), Garage Door (2008) Freshly Painted.
Nearby Intersections
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
44' x 110'
Fronting
South
Taxes
$7,289 (2024)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingGround36.45' x 38.71'Hardwood Floor, Fireplace, Bay Window
DiningGround29.20' x 38.71'Hardwood Floor, Open Concept, O/Looks Backyard
KitchenGround29.20' x 46.26'Hardwood Floor, Pantry, Stainless Steel Appl
FamilyGround38.71' x 48.23'Hardwood Floor, Bay Window
Prim Bdrm2nd36.09' x 59.38'Laminate, W/I Closet, 4 Pc Ensuite
2nd Br2nd32.81' x 35.43'Closet, Closet Organizers
3rd Br2nd32.81' x 35.76'Laminate, Closet, Closet Organizers
4th Br2nd30.84' x 41.34'Laminate, Closet, Closet Organizers
KitchenBsmt33.79' x 35.43'Ceramic Floor, Open Concept
LivingBsmt40.03' x 65.62'Ceramic Floor, Combined W/Dining, Electric Fireplace
5th BrBsmt34.12' x 39.37'Ceramic Floor, Closet, Closet Organizers
Mississauga Market Statistics
Mississauga Price Trend
431 Commonwealth Circ is a 4-bedroom 4-bathroom home listed for sale at $1,300,000, which is $90,378 (6.5%) lower 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 4-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 Re/Max Ultimate Realty Inc.
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