5381 Forest Hill Dr

FOR SALE
$2,988,000
5381 Forest Hill Dr, Mississauga
5381 Forest Hill Dr
5381 Forest Hill Dr
5381 Forest Hill Dr
5381 Forest Hill Dr
5381 Forest Hill Dr
5381 Forest Hill Dr
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5381 Forest Hill Dr
5381 Forest Hill Dr
5381 Forest Hill Dr
5381 Forest Hill Dr
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5381 Forest Hill Dr
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5381 Forest Hill Dr
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5381 Forest Hill Dr
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5381 Forest Hill Dr
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4 + 1
BEDROOMS
5
BATHROOMS
1
KITCHENS
11 + 1
ROOMS
W8272956
MLSID
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Property Description
Your Search Ends Here! Welcome Home To This Impressive 3700 Sq Ft Above-Grade, 4+1 Bedroom, 5-Bath Luxury Residence Nestled In Prestigious Central Erin Mills. Upon Your Arrival, You Will Be Captivated By The Curb Appeal At First Sight. As You Enter, The Open To Above Grand Foyer Sets The Tone For This Elegantly Designed Home, Leading Into Spacious Living Areas With High Ceilings And Large Windows That Bathe The Interior With Natural Light. The Main Floor Features A Living Room, Formal Dining Room And Large Family Room Combined With A Large Open-Concept Kitchen , Perfect For Entertaining Family And Guests Alike. You Will Also Find A Home Office On The Main Floor Offering A Quiet Space For Work Or Study. Upstairs, The Expansive Primary Suite Features A Walk In Closet And A Luxurious Ensuite Bathroom With A Freestanding Soaking Tub, Double Vanities And A Separate Shower. The Other Three Bedrooms Are Also Generously Sized, Each Accompanied By Access To An Ensuite Bathroom, Providing Convenience And Privacy For Every Member Of The Household. Descend To The Beautifully Fully Finished Walkout Basement Which Provides Additional Living Space With A Large Rec Room And Built In Bar Ideal For Leisure Activities And Cherished Family Gatherings, A Fifth Bedroom, A Convenient 3-Piece Bathroom And Ample Storage. This Exquisite Home Offers A Perfect Blend Of Luxury, Comfort And Functionality For Discerning Buyers Seeking Family Inspired Living At Its Finest. Close To All Amenities Including Hospital (Credit Valley), Erin Mills Town Centre, Highways 403, 401 And Prime School District (John Fraser, Gonzaga).Seize The Opportunity To Own This Extraordinary Property And Create Lifelong Memories In The Heart Of Central Erin Mills.
Extras
Fenced In Private Yard, Large Deck Off Main Floor Kitchen Sliding Door With Gas BBQ Connection,Sprinkler System
Property Details
Property Type
Detached, 2-Storey
Lot Size
60' x 147'
Fronting
East
Taxes
$11,689 (2023)
Basement
Fin W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingMain17.95' x 11.19'Hardwood Floor, Window Flr To Ceil, Crown Moulding
DiningMain11.55' x 14.80'Hardwood Floor, Crown Moulding, Picture Window
FamilyMain17.85' x 13.19'Hardwood Floor, Open Concept, O/Looks Backyard
KitchenMain14.40' x 10.76'W/O To Deck, O/Looks Family, Open Concept
OfficeMain13.02' x 11.06'Hardwood Floor, French Doors, Picture Window
2nd Br2nd12.37' x 12.96'Hardwood Floor, Double Closet, Picture Window
3rd Br2nd13.39' x 13.91'Hardwood Floor, Picture Window, Closet
4th Br2nd16.31' x 10.99'Hardwood Floor, 4 Pc Ensuite, W/I Closet
5th BrBsmt17.68' x 9.88', W/I Closet
RecBsmt16.86' x 24.57'W/I Closet
BreakfastMain17.39' x 12.07'Combined W/Family, W/O To Deck, Open Concept
Mississauga Market Statistics
Mississauga Price Trend
5381 Forest Hill Dr is a 4-bedroom 5-bathroom home listed for sale at $2,988,000, which is $1,372,417 (84.9%) higher than the average sold price of $1,615,583 in the last 30 days (April 6 - May 5). During the last 30 days the average sold price for a 4 bedroom home in Mississauga increased by $96,910 (6.4%) compared to the previous 30 day period (March 7 - April 5) and up $61,282 (3.9%) from the same time one year ago.
Inventory Change
There were 339 4-bedroom homes listed in Mississauga over the last 30 days (April 6 - May 5), which is up 62.2% compared with the previous 30 day period (March 7 - April 5) and up 35.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Mississauga typically sold ($25,667) (1.6%) below asking price over the last 30 days (April 6 - May 5), which represents a $17,161 decrease compared to the previous 30 day period (March 7 - April 5) and ($5,493) 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 (April 6 - May 5) stood at 36.9%, down from 79.9% over the previous 30 days (March 7 - April 5) and down from 68.8% 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 17 days when successfully sold over the last 30 days (April 6 - May 5), compared to 38 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sam Mcdadi Real Estate Inc.
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