5179 Elmridge Dr
Central Erin Mills, Mississauga, L5M 5A4
FOR SALE
$2,799,900

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BEDROOMS6
BATHROOMS1 + 1
KITCHENS11 + 4
ROOMSW12000421
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Property Description
**Ravine Lot** Welcome to your next cozy retreat in Credit Mills, one of Mississauga's nicest neighborhoods. This spacious home offers 4,775 sq ft plus a finished basement, and it sits on a lovely ravine lot that gives you that extra sense of privacy and calm. With five comfortable bedrooms and six bathrooms, there's plenty of space for everyone. Inside, you'll find an inviting atmosphere with a sunken living room and family room, both featuring high ceilings and charming details like a gas fireplace and a wood fireplace. The kitchen is a great spot for anyone who loves to cook, equipped with granite countertops, a nice dining area, a walk-in pantry, and lots of storage. It leads into the classy dining room, perfect for gatherings with family and friends. Need a quiet workspace? The main floor office offers a peaceful view of the outdoors. Upstairs, there is new vinyl flooring (2024) leading to the master suite, which overlooks the ravine. It comes with a 5-piece ensuite and a spacious walk-in closet. Two additional bedrooms even have their own ensuites, which is great for guests or kids. The finished basement gives you even more living space, with a large recreation area, a kitchenette with sink, countertop and cabinets, a cozy gas fireplace, a home gym, and plenty of storage options. Step outside to enjoy your private backyard, surrounded by Canadian and Spanish pine trees for added privacy. The large deck offers beautiful views of the ravine, making it a great spot for relaxing or entertaining. The three-car garage has new doors, and the interlock driveway has recently been resealed. Plus, a new roof in 2024 means you won't have to worry for years to come. Well located near Central Erin Mills close by top ranked schools John Fraser, Gonzaga, University of Toronto Mississauga, Also nearby to the Credit Valley Hospital, highways 403, 401, and 407 and Streetsville GO.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-11-07 | 2025-02-05 | 90 | $2,999,000 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
84' x 150'
Fronting
North
Taxes
$14,928 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Built-In
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Family | Main | 13.52' x 20.01' | Hardwood Floor, Fireplace, O/Looks Ravine |
Kitchen | Main | 16.40' x 16.77' | Tile Floor, Breakfast Area, W/O To Ravine |
Dining | Main | 16.08' x 15.75' | Hardwood Floor |
Living | Main | 14.30' x 20.80' | Hardwood Floor, Fireplace |
Office | Main | 13.68' x 12.86' | Hardwood Floor, Pot Lights, Large Window |
Prim Bdrm | 2nd | 29.53' x 19.78' | Vinyl Floor, W/I Closet, 5 Pc Ensuite |
2nd Br | 2nd | 14.90' x 18.37' | Vinyl Floor, Double Closet, 4 Pc Ensuite |
3rd Br | 2nd | 18.01' x 12.80' | Vinyl Floor, W/I Closet, 4 Pc Ensuite |
4th Br | 2nd | 14.04' x 16.31' | Vinyl Floor, Large Window |
Rec | Bsmt | 27.79' x 15.49' | Broadloom, Fireplace, Pot Lights |
Exercise | Bsmt | 21.49' x 22.70' | Vinyl Floor, Window |
Rec | Bsmt | 22.05' x 13.42' | Wet Bar, Tile Floor, Broadloom |
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Mississauga Market Statistics
Mississauga Price Trend
5179 Elmridge Dr is a 5-bedroom 6-bathroom home listed for sale at $2,799,900, which is $1,142,400 (68.9%) higher than the average sold price of $1,657,500 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 5 bedroom home in Mississauga declined by $2,244,460 (57.5%) compared to the previous 30 day period (December 22 - January 20) and down $139,416 (7.8%) from the same time one year ago.Inventory Change
There were 28 5-bedroom homes listed in Mississauga over the last 30 days (January 21 - February 19), which is up 40.0% compared with the previous 30 day period (December 22 - January 20) and down 0.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Mississauga typically sold ($135,266) (8.2%) below asking price over the last 30 days (January 21 - February 19), which represents a $279,291 increase compared to the previous 30 day period (December 22 - January 20) and ($126,720) 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 5-bedroom homes in Mississauga over the last 30 days (January 21 - February 19) stood at 32.1%, up from 25.0% over the previous 30 days (December 22 - January 20) and down from 42.9% 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 43 days when successfully sold over the last 30 days (January 21 - February 19), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Sam Mcdadi Real Estate Inc.
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