5114 Forest Hill Dr
Central Erin Mills, Mississauga, L5M 5A3
FOR SALE
$2,488,000
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4 + 1
BEDROOMS5
BATHROOMS1
KITCHENS12 + 4
ROOMSW11890963
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Property Description
Nestled in the heart of Central Erin Mills, one of Mississauga's most sought-after neighborhoods, this stunning property offers close proximity to a surplus of amenities blended with exquisite finishes and upgrades. Enjoy easy access to Forest Hill Park, Lake Wabukayne Trail, Erin Mills Town Centre, Credit Valley Hospital, and much more! Spanning nearly 6,000 square feet, this meticulously designed home features an open-concept layout that allows natural light to flood every room through expansive windows. At the heart of the home, the spacious kitchen is equipped with sleek stainless steel appliances, generous cabinetry, and a breakfast area that seamlessly flows into a bright, all-season sunroom. The elegant dining room overlooks a charming family room, complete with a striking stone fireplace, perfect for family gatherings or quiet evenings. Upstairs, the inviting primary bedroom serves as a peaceful retreat, featuring a large walk-in closet, a lavish 5-piece ensuite, a cozy seating area, and a private balcony offering serene views of the beautifully landscaped backyard. The upper level also includes a junior suite with an upgraded 3-piece ensuite, two additional bedrooms with shared access to a 4-piece bath, and a guest bathroom with electric heated floors for added comfort. Newly installed hardwood stairs lead down to the recently renovated basement. This level is a standout feature, offering a spacious recreation room, a custom wet bar, a cozy seating area, plenty of storage and brand-new vinyl flooring throughout. The exterior is just as impressive, featuring a Marley roof, a 3-car garage, a 7-car driveway, and a meticulously landscaped garden with a two-tiered deck, stone interlocking, and an inviting inground pool. This residence is a rare gem that you wont want to miss!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-05-10 | 2024-07-17 | 68 | $2,488,000 | - | Suspended |
Extras
New hot water heater, 2 furnaces, and HEPA filter. Prime location w/ easy access to Hwy 403/401, Erin Mills GO. Close to top-rated schools, Streetsville Village, Central Plaza, Erin Mills Town Centre, and major grocery stores.
Property Features
Fenced Yard, Golf, Park, Rec Centre, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
77' x 152'
Acreage
< .50
Fronting
West
Taxes
$12,236 (2024)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
7
Driveway
Private
Garage Type
Built-In
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 11.98' x 15.29' | Stainless Steel Appl, Pantry, Tile Floor |
Breakfast | Main | 15.68' x 15.29' | Combined W/Kitchen, Window, W/O To Sunroom |
Dining | Main | 16.24' x 14.40' | O/Looks Family, Window, Broadloom |
Living | Main | 15.22' x 13.16' | Fireplace, Window, Broadloom |
Family | Main | 20.28' x 15.62' | Fireplace, W/O To Deck, Broadloom |
Laundry | Main | 13.68' x 15.29' | Laundry Sink, Closet, Tile Floor |
Prim Bdrm | 2nd | 25.03' x 24.93' | 5 Pc Ensuite, W/I Closet, W/O To Deck |
2nd Br | 2nd | 12.43' x 15.16' | Window, Closet, Hardwood Floor |
3rd Br | 2nd | 12.17' x 9.88' | Window, Closet, Hardwood Floor |
4th Br | 2nd | 11.58' x 14.47' | 3 Pc Ensuite, W/I Closet, Hardwood Floor |
Rec | Bsmt | 18.86' x 20.01' | Wet Bar, Built-In Speakers, Vinyl Floor |
Office | Bsmt | 10.53' x 13.75' | Pot Lights, Closet, Vinyl Floor |
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Mississauga Market Statistics
Mississauga Price Trend
5114 Forest Hill Dr is a 4-bedroom 5-bathroom home listed for sale at $2,488,000, which is $1,114,633 (81.2%) higher than the average sold price of $1,373,367 in the last 30 days (November 17 - December 16). During the last 30 days the average sold price for a 4 bedroom home in Mississauga declined by $57,947 (4.0%) compared to the previous 30 day period (October 18 - November 16) and down $11,432 (0.8%) from the same time one year ago.Inventory Change
There were 139 4-bedroom homes listed in Mississauga over the last 30 days (November 17 - December 16), which is down 53.2% compared with the previous 30 day period (October 18 - November 16) and up 3.7% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Mississauga typically sold ($38,464) (2.8%) below asking price over the last 30 days (November 17 - December 16), which represents a $5,735 increase compared to the previous 30 day period (October 18 - November 16) and ($61,916) 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 (November 17 - December 16) stood at 61.2%, up from 47.5% over the previous 30 days (October 18 - November 16) and down from 67.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Mississauga stood at 27 days when successfully sold over the last 30 days (November 17 - December 16), compared to 54 days before being removed from the market upon being suspended or terminated.Listing contracted with Sam Mcdadi Real Estate Inc.
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