5471 Shorecrest Cres
East Credit, Mississauga, L5M 4Y6
FOR SALE
$2,999,999
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4 + 2
BEDROOMS5
BATHROOMS1 + 1
KITCHENS11 + 4
ROOMSW8418010
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Property Description
Luxurious Living in Mississauga. Welcome to this exquisite, fully renovated home with 4,000 sqft of above-ground living space (over 5,500 total). It features a chef's kitchen with high-end appliances, double sink, & bar area perfect for hosting. With over $400k in renovations, this turnkey home is an exceptional find. The property includes a legal basement apartment for rental income & extra space for personal use. There are 6 bedrooms (4 upstairs, 2 in the basement) & 5 bathrooms (3 upstairs, 2 in the basement), providing ample space for family & guests. Bordering onto Credit River ravine, the home offers complete privacy in the large backyard, perfect for outdoor activities & relaxation. Located near Streetsville, trails, top-rated schools, & more, this home offers luxury & convenience. Dont miss the chance to own this remarkable property. Schedule your visit today & experience elegance & practicality in a sought-after neighborhood!
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Extras
Basement is split into two units (one legal unit for rental with separate entrance, one for owner's enjoyment). AC is Brand New (2024), Tankless Water Heater (2023), Furnace (2022)
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
58' x 149'
Fronting
West
Taxes
$10,437 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 16.40' x 18.01' | Hardwood Floor, Cathedral Ceiling, Bay Window |
Dining | Main | 9.91' x 18.01' | Tile Floor, California Shutters |
Family | Main | 13.19' x 20.73' | Hardwood Floor, Brick Fireplace, California Shutters |
Kitchen | Main | 13.75' x 21.00' | Custom Backsplash, Bar Sink, Centre Island |
Office | Main | 9.88' x 11.98' | Hardwood Floor, Pot Lights, California Shutters |
Breakfast | Main | 6.99' x 12.01' | Tile Floor, Combined W/Kitchen, California Shutters |
Laundry | Main | 6.50' x 8.53' | Tile Floor, Access To Garage, B/I Shelves |
Prim Bdrm | 2nd | 13.19' x 20.73' | Hardwood Floor, 4 Pc Ensuite, W/I Closet |
2nd Br | 2nd | 12.76' x 14.99' | Hardwood Floor, His/Hers Closets, California Shutters |
3rd Br | 2nd | 11.88' x 18.21' | Hardwood Floor, His/Hers Closets, California Shutters |
4th Br | 2nd | 11.75' x 12.24' | Hardwood Floor, His/Hers Closets, California Shutters |
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Mississauga Market Statistics
Mississauga Price Trend
5471 Shorecrest Cres is a 4-bedroom 5-bathroom home listed for sale at $2,999,999, which is $1,602,740 (114.7%) higher than the average sold price of $1,397,259 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 4 bedroom home in Mississauga declined by $106,616 (7.1%) compared to the previous 30 day period (September 24 - October 23) and down $50,694 (3.5%) from the same time one year ago.Inventory Change
There were 270 4-bedroom homes listed in Mississauga over the last 30 days (October 24 - November 22), which is up 1.1% compared with the previous 30 day period (September 24 - October 23) and up 23.9% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Mississauga typically sold ($35,548) (2.5%) below asking price over the last 30 days (October 24 - November 22), which represents a $14,911 increase compared to the previous 30 day period (September 24 - October 23) and ($56,179) more 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 (October 24 - November 22) stood at 47.4%, down from 54.7% over the previous 30 days (September 24 - October 23) and up from 42.7% 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 25 days when successfully sold over the last 30 days (October 24 - November 22), compared to 56 days before being removed from the market upon being suspended or terminated.Listing contracted with Cityscape Real Estate Ltd.
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