5351 Forest Ridge Dr
Central Erin Mills, Mississauga, L5M 5B4
FOR SALE
$3,273,999
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5 + 2
BEDROOMS5
BATHROOMS1
KITCHENS12
ROOMSW11889097
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Property Description
Discover the pinnacle of luxury in this recently renovated 5+2 bedroom family masterpiece, whereopulent finishes meet timeless design. Boasting approx. 6,600 sq. ft. of total living space, including approx. 4,900 sq. ft. above grade, this home offers an impressive blend of grandeur and functionality, highlighted by expansive open-concept areas. Step into the stunning grand foyer adorned with elegant chandeliers, leading to a generous living area and a bespoke, custom-designed family room. The chef-inspired kitchen features top-of-the-line JennAir stainless steel appliances, a striking Cambria island, and an inviting breakfast sitting area. Elegant flooring adds a refined touch throughout. Outdoors, the sprawling backyard ensures unmatched privacy, framed by lush, mature trees. A beautifully finished basement with a separate side entrance, provides additional versatile living space. This home is a true sanctuary of luxury and comfort. A Must see!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-07-16 | 2024-10-15 | 92 | $3,500,000 | - | Expired |
2024-03-08 | 2024-06-06 | 92 | $3,379,999 | - | Expired |
2023-07-05 | 2023-11-16 | 134 | $3,369,000 | - | Terminated |
2023-05-18 | 2023-07-04 | 47 | $3,499,000 | - | Terminated |
2023-05-18 | 2023-06-21 | 34 | $3,499,000 | - | Suspended |
2022-02-22 | 2022-03-07 | 13 | $2,858,000 | $3,008,888 | Sold |
Extras
Smart home features with built-in speakers on main and second floor. New furnace with Ten Years warranty.
Nearby Intersections
Eglinton & Glen Erin (91)
Property Features
Fenced Yard, Hospital, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
65' x 150'
Acreage
< .50
Fronting
East
Taxes
$13,135 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
8
Driveway
Available
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 12.99' x 18.01' | Hardwood Floor, Window |
Kitchen | Main | 14.01' x 14.01' | B/I Appliances, Ceramic Floor |
Breakfast | Main | 14.50' x 14.99' | Ceramic Floor |
Dining | Main | 12.99' x 14.99' | Large Window, Hardwood Floor |
Family | Main | 16.01' x 20.01' | Hardwood Floor, Window |
Office | Main | 12.99' x 14.99' | Broadloom, Window |
Laundry | Main | 8.01' x 14.99' | |
Prim Bdrm | 2nd | 14.99' x 28.67' | 5 Pc Ensuite, Hardwood Floor |
2nd Br | 2nd | 12.99' x 14.99' | Semi Ensuite, Hardwood Floor |
3rd Br | 2nd | 12.99' x 14.01' | Semi Ensuite, Hardwood Floor |
4th Br | 2nd | 12.01' x 15.68' | Semi Ensuite, Hardwood Floor |
5th Br | 2nd | 12.99' x 14.67' | Semi Ensuite, Hardwood Floor |
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Mississauga Market Statistics
Mississauga Price Trend
5351 Forest Ridge Dr is a 5-bedroom 5-bathroom home listed for sale at $3,273,999, which is $971,499 (42.2%) higher than the average sold price of $2,302,500 in the last 30 days (November 17 - December 16). During the last 30 days the average sold price for a 5 bedroom home in Mississauga increased by $230,634 (11.1%) compared to the previous 30 day period (October 18 - November 16) and up $521,238 (29.3%) from the same time one year ago.Inventory Change
There were 17 5-bedroom homes listed in Mississauga over the last 30 days (November 17 - December 16), which is down 39.3% compared with the previous 30 day period (October 18 - November 16) and up 13.3% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Mississauga typically sold ($172,650) (7.5%) below asking price over the last 30 days (November 17 - December 16), which represents a $38,858 decrease compared to the previous 30 day period (October 18 - November 16) and ($65,987) 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 (November 17 - December 16) stood at 35.3%, down from 39.3% over the previous 30 days (October 18 - November 16) and down from 53.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 5-bathroom home in Mississauga stood at 31 days when successfully sold over the last 30 days (November 17 - December 16), compared to 74 days before being removed from the market upon being suspended or terminated.Listing contracted with Circle Real Estate
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