552 Farwell Cres
Hurontario, Mississauga, L5R 2A6
FOR SALE
$1,749,990
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Property Description
Exquisite 4+1-Bedroom Family Home in the Heart of Mississauga! Welcome to your dream home! This beautifully upgraded 4+1-bedroom, 3+1-bathroom detached home is perfectly nestled in one of Mississauga most sought-after neighborhoods offering the perfect blend of elegance, comfort, and convenience. Located on a quiet, family-friendly street, this home is just minutes from Square One Shopping Mall and offers seamless access to Highway 403, making commuting a breeze Step inside and prepare to be amazed! The bright and airy open-concept layout features gleaming tiled and hardwood floors, large sun-filled windows, and stylish pot lights throughout. The stunning chefs kitchen is a masterpiece, boasting traditional marble countertops, premium stainless steel appliances, custom cabinetry, and sleek California ceiling lights! The cozy family room with a charming fireplace is the perfect spot to unwind, while the separate living and dining areas provide the ideal space for entertaining guests. Head upstairs and discover pure luxury! Brand new engineered hardwood flooring adorns the staircase and upper level, leading you to four generously sized bedrooms. The primary suite is a true retreat, complete with a walk-in closet and a spa-like ensuite. Each additional bedroom is bright, spacious, and perfect for a growing family The finished basement is an entertainers paradise! Take a sip of whiskey at your private luxurious bar, challenge friends to a game of pool, and after a long day, unwind in your very own built-in sauna. If that wasn't enough, the basement also features a separate living space with a private entrance perfect for tenants, with a rental income potential of $1,200$1,500 per month Step outside to your personal oasis! The beautifully landscaped backyard is designed for relaxation, featuring a large deck, mature trees, and plenty of space for summer BBQs. Plus, enjoy your very own greenhouse perfect for gardening enthusiasts!
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Nearby Intersections
Property Features
Library, 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
34' x 110'
Acreage
< .50
Fronting
West
Taxes
$7,573 (2024)
Basement
Fin W/O, Sep Entrance
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Wood
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Available
Garage Type
Attached
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Mississauga Market Statistics
Mississauga Price Trend
552 Farwell Cres is a 4-bedroom 4-bathroom home listed for sale at $1,749,990, which is $179,740 (11.4%) higher than the average sold price of $1,570,250 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Mississauga increased by $85,312 (5.7%) compared to the previous 30 day period (December 22 - January 20) and up $147,241 (10.3%) from the same time one year ago.Inventory Change
There were 214 4-bedroom homes listed in Mississauga over the last 30 days (January 21 - February 19), which is up 56.2% compared with the previous 30 day period (December 22 - January 20) and up 40.8% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Mississauga typically sold ($58,376) (3.7%) below asking price over the last 30 days (January 21 - February 19), which represents a $6,036 decrease compared to the previous 30 day period (December 22 - January 20) and ($30,385) 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 (January 21 - February 19) stood at 45.3%, down from 53.3% over the previous 30 days (December 22 - January 20) and down from 55.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Mississauga stood at 28 days when successfully sold over the last 30 days (January 21 - February 19), compared to 75 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Ultimate Realty Inc.
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