542 Lana Terr

FOR SALE
$1,050,000
542 Lana Terr, Mississauga
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
542 Lana Terr
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
7
ROOMS
W8490528
MLSID
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Property Description
This lovingly-cared for 3-level back-split sits in one of Mississauga's beautiful communities, with 3 good size bedrooms, a huge living and dining area, an upgraded kitchen, with lots of cupboard space. Hardwood flooring and laminate floors throughout makes this home very inviting and comfortable. Newer roof, separate entrance into basement area with kitchen, and huge bachelor apartment with 3 pc bathroom, laundry, fireplace. Parking for three cars in private driveway. Walk to shopping, banks, schools. Highways and places of worship are close by.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-05-23 2024-06-29 37 $1,099,999 - Terminated
Nearby Intersections
Property Details
Street
Property Type
Semi-Detached, Backsplit 3
Approximate Sq.Ft.
1100-1500
Lot Size
27' x 122'
Fronting
North
Taxes
$4,443 (2023)
Basement
Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain10.60' x 25.16'Combined W/Dining
DiningMain10.60' x 25.16'Combined W/Living
KitchenMain9.61' x 17.59'
BreakfastMain9.61' x 17.59'Breakfast Area, W/O To Yard
Prim BdrmUpper10.20' x 18.01'Hardwood Floor, Closet, O/Looks Backyard
2nd BrUpper9.42' x 12.01'Hardwood Floor, Closet, O/Looks Backyard
3rd BrUpper9.81' x 10.60'Hardwood Floor, Closet
RecLower16.90' x 20.18'Fireplace
LaundryLower10.66' x 15.75'Laminate, 3 Pc Bath
Mississauga Market Statistics
Mississauga Price Trend
542 Lana Terr is a 3-bedroom 2-bathroom home listed for sale at $1,050,000, which is $88,089 (7.7%) lower than the average sold price of $1,138,089 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in Mississauga increased by $5,540 (0.5%) compared to the previous 30 day period (September 21 - October 20) and up $44,365 (4.1%) from the same time one year ago.
Inventory Change
There were 225 3-bedroom homes listed in Mississauga over the last 30 days (October 21 - November 19), which is down 15.1% compared with the previous 30 day period (September 21 - October 20) and up 21.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Mississauga typically sold ($18,381) (1.6%) below asking price over the last 30 days (October 21 - November 19), which represents a $9,253 increase compared to the previous 30 day period (September 21 - October 20) and ($17,600) 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 3-bedroom homes in Mississauga over the last 30 days (October 21 - November 19) stood at 65.3%, up from 61.1% over the previous 30 days (September 21 - October 20) and up from 48.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Mississauga stood at 21 days when successfully sold over the last 30 days (October 21 - November 19), compared to 46 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Meadowtowne Realty
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