503 Meadow Wood Rd

FOR SALE
$4,790,000
503 Meadow Wood Rd, Mississauga
503 Meadow Wood Rd
503 Meadow Wood Rd
503 Meadow Wood Rd
503 Meadow Wood Rd
503 Meadow Wood Rd
503 Meadow Wood Rd
503 Meadow Wood Rd
503 Meadow Wood Rd
503 Meadow Wood Rd
503 Meadow Wood Rd
503 Meadow Wood Rd
503 Meadow Wood Rd
503 Meadow Wood Rd
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503 Meadow Wood Rd
503 Meadow Wood Rd
503 Meadow Wood Rd
503 Meadow Wood Rd
503 Meadow Wood Rd
503 Meadow Wood Rd
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503 Meadow Wood Rd
503 Meadow Wood Rd
503 Meadow Wood Rd
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503 Meadow Wood Rd
503 Meadow Wood Rd
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503 Meadow Wood Rd
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5 + 1
BEDROOMS
6
BATHROOMS
2
KITCHENS
10 + 4
ROOMS
W9362325
MLSID
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Property Description
This sensational, custom-built home designed by David Small is situated on a mature , nearly 1/2 acre lot just steps from the lake in the sought after Rattray Marsh area of Mississauga. Uniquely designed with the convenience of an in-law or main floor primary suite, grand space for family living and entertaining. The recently renovated kitchen features quartz counters and large centre island. Top of the line appliances feature a Wolf cooktop, Miele Dishwasher and KitchenAid refrigerator & ovens. Attention to detail is evident throughout from the impeccably maintained interior to breathtaking private treed backyard oasis inclusive of pool, waterfall, hot tub, pergola, shed, and covered outdoor kitchen area. Once in a lifetime opportunity to purchase and enjoy this special home.
Property Features
Grnbelt/Conserv, Lake/Pond, Park, Public Transit, Wooded/Treed
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
100' x 200'
Acreage
< .50
Lot Irregularities
Rear 90.13 (ft) South 199.53 (ft)
Fronting
East
Taxes
$16,850 (2024)
Basement
Finished
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
6
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FoyerMain7.55' x 16.47'Wainscoting, Juliette Balcony, French Doors
LibraryMain12.14' x 14.07'Picture Window, Formal Rm, B/I Desk
Prim BdrmMain13.85' x 14.60'4 Pc Ensuite, W/O To Sundeck, Formal Rm
KitchenMain15.58' x 25.89'Centre Island, Vaulted Ceiling, W/O To Pool
FamilyMain18.11' x 19.19'Fireplace, O/Looks Pool, Vaulted Ceiling
Prim BdrmUpper16.50' x 22.11'Sunken Room, 5 Pc Ensuite, Cathedral Ceiling
2nd BrUpper13.12' x 18.11'Vaulted Ceiling, Double Closet, Picture Window
3rd BrUpper12.14' x 13.12'4 Pc Ensuite, Picture Window, O/Looks Backyard
4th BrUpper15.81' x 23.33'4 Pc Ensuite, Picture Window, W/I Closet
FoyerUpper16.50' x 20.67'Wainscoting, Juliette Balcony, Skylight
RecLower25.59' x 35.40'Vinyl Floor, Gas Fireplace, Halogen Lighting
KitchenLower9.32' x 15.58'Vinyl Floor, 3 Pc Bath
Mississauga Market Statistics
Mississauga Price Trend
503 Meadow Wood Rd is a 5-bedroom 6-bathroom home listed for sale at $4,790,000, which is $2,718,134 (131.2%) higher than the average sold price of $2,071,866 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 5 bedroom home in Mississauga declined by $278,265 (11.8%) compared to the previous 30 day period (September 21 - October 20) and up $196,009 (10.4%) from the same time one year ago.
Inventory Change
There were 27 5-bedroom homes listed in Mississauga over the last 30 days (October 21 - November 19), which is down 20.6% compared with the previous 30 day period (September 21 - October 20) and down 10.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Mississauga typically sold ($133,792) (6.5%) below asking price over the last 30 days (October 21 - November 19), which represents a $55,113 increase compared to the previous 30 day period (September 21 - October 20) and ($180,099) 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 5-bedroom homes in Mississauga over the last 30 days (October 21 - November 19) stood at 40.7%, up from 23.5% over the previous 30 days (September 21 - October 20) and up from 23.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 6-bathroom home in Mississauga stood at 25 days when successfully sold over the last 30 days (October 21 - November 19), compared to 86 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Real Estate Services Ltd.
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