524 Hancock Way

FOR SALE
$3,499,000
524 Hancock Way, Mississauga
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
524 Hancock Way
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4 + 1
BEDROOMS
5
BATHROOMS
1
KITCHENS
11 + 5
ROOMS
W9370240
MLSID
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Property Description
Ideally located in a quiet court on a premium lot. The private back yard gives a cottage in the city feeling. Walking distance to neighbourhood playground, vibrant Port Credit, shopping, restaurants, parks and the lake! Lorne Park Watercolours is a sought-after pocket of stately homes offering a quiet community with option to walk to the Port Credit vibe. This welcoming family home offers over 6550 sq ft of living space, including the lower level, with a great floor plan that easily transitions from work at home to entertaining family and friends. Spacious & inviting front living and dining rooms. Gorgeous custom kitchen features ample storage space, stone floors, centre island with seating for four, high-end appliances, leathered marble countertops and custom backsplash. The breakfast area has a built in desk/cabinets and walk out to stone patio. The great room is warmed by a double sided gas fireplace with a stunning stacked stone surround and built in shelves. Main floor office with built-in cabinets and fireplace. The second floor features four generously sized bedrooms, with the primary boasting a custom walk-in closet and spa-inspired bathroom with luxurious stand-alone jetted soaker tub. Bonus sitting area with views of the back yard. Walk down to the lower level and feel the warmth of the media and games area, anchored by a fireplace and designed with fun or relaxation in mind. Lower level complete with a climate controlled 1500 bottle wine room, gym, cold cellar and a fifth bedroom with full bathroom. The stunning fully fenced outdoor oasis has something for everyone with saltwater concrete pool, spill-over hot tub, greenspace, dining and entertaining areas, gardens and a cabana/bar with running water and bar fridge. Outdoor lighting gives a warm ambience that welcomes friends and family into the evening. Custom additions and upgrades in 2009 makes this a unique Watercolours home.
Nearby Intersections
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
62' x 202'
Lot Irregularities
222.46 x 57.25x 4.98 x 202.48 x 93.58 ft
Fronting
North
Taxes
$17,323 (2024)
Basement
Finished
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
4
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FamilyMain14.93' x 20.67'Hardwood Floor, Gas Fireplace, B/I Shelves
KitchenMain13.91' x 21.75'Stainless Steel Appl, Centre Island, Stone Floor
BreakfastMain11.15' x 12.83'O/Looks Backyard, B/I Shelves, Stone Floor
DiningMain14.07' x 16.17'Hardwood Floor, Crown Moulding, Built-In Speakers
LivingMain14.34' x 16.17'Hardwood Floor, Vaulted Ceiling, Crown Moulding
OfficeMain12.01' x 10.93'Hardwood Floor, B/I Shelves, O/Looks Backyard
LaundryMain9.91' x 10.33'
Prim Bdrm2nd15.49' x 17.49'W/I Closet, 5 Pc Ensuite, Crown Moulding
Sitting2nd19.32' x 15.09'Hardwood Floor, B/I Bookcase, Crown Moulding
2nd Br2nd12.40' x 14.93'4 Pc Ensuite, Double Closet, Broadloom
3rd Br2nd11.09' x 14.99'Semi Ensuite, Double Closet, Broadloom
4th Br2nd15.68' x 10.93'Semi Ensuite, Double Closet, Broadloom
Mississauga Market Statistics
Mississauga Price Trend
524 Hancock Way is a 4-bedroom 5-bathroom home listed for sale at $3,499,000, which is $2,026,926 (137.7%) higher than the average sold price of $1,472,074 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 4 bedroom home in Mississauga increased by $22,683 (1.6%) compared to the previous 30 day period (August 18 - September 16) and up $42,587 (3.0%) from the same time one year ago.
Inventory Change
There were 291 4-bedroom homes listed in Mississauga over the last 30 days (September 17 - October 16), which is up 2.5% compared with the previous 30 day period (August 18 - September 16) and down 4.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Mississauga typically sold ($36,571) (2.5%) below asking price over the last 30 days (September 17 - October 16), which represents a $7,754 increase compared to the previous 30 day period (August 18 - September 16) and ($19,893) 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 4-bedroom homes in Mississauga over the last 30 days (September 17 - October 16) stood at 47.1%, up from 41.2% over the previous 30 days (August 18 - September 16) and up from 37.8% 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 18 days when successfully sold over the last 30 days (September 17 - October 16), compared to 61 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sotheby's International Realty Canada
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"Welcome to the Award Winning Enclave of "The Pines", Located in Lorne Park's Most Prestigious White Oaks of Jalna Neighbourhood. This exceptional 4+1 bedrooms, 5 bath Exquisitely Crafted Executive Home is situated on a One-Of-Kind private street with exclusive Parkette! Elegant and timeless, the thoughtfully planned O/C main floor with well-defined principal rooms is perfect for family gatherings and entertaining. Feats. Separate Main Floor Office, 9ft Ceilings, Gleaming Oak Hardwood, Cal. Shutters and Limestone floors. Fine craftsmanship and custom millwork seen throughout the home. Second floor. feats. a Primary Retreat AND 2nd Suite with 3rd and 4th bedrooms. Extensive basement w/nearly 2000 sqft features 8 ft ceilings, large rec/ent. area, oversized windows w/tons of natural light, a 3 pc bath, and large separate room for home gym, theatre room, or in-law/nanny suite! Relax in the Muskoka-like backyard w/ towering pine and evergreen trees backing onto tranquil Ravine!"
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