553 Mermaid Cres

FOR SALE
$1,311,000
553 Mermaid Cres, Mississauga
553 Mermaid Cres
553 Mermaid Cres
553 Mermaid Cres
553 Mermaid Cres
553 Mermaid Cres
553 Mermaid Cres
553 Mermaid Cres
553 Mermaid Cres
553 Mermaid Cres
553 Mermaid Cres
553 Mermaid Cres
553 Mermaid Cres
553 Mermaid Cres
553 Mermaid Cres
553 Mermaid Cres
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3
BEDROOMS
4
BATHROOMS
1 + 1
KITCHENS
7 + 1
ROOMS
W11937793
MLSID
Contact Us
Property Description
Welcome to 553 Mermaid Cres. in the heart of Lakeview this Executive Townhouse promises a blend of modern elegance and practical convenience. Boasting 3 generously-sized bedrooms and 4 bathrooms, this home offers ample space for family living. The main floor's 9ft ceilings, combined with large windows, fill the home with natural light, The large kitchen, equipped with a center island, quartz countertops, undermount sink, subway backsplash, and stainless steel appliances, is a chef's dream. The Primary Bedroom has a large walk in closet and beautiful ensuite. The home's stone and brick facade exudes amazing curb appeal. The Backyard is Private and backs on to a Private Park. Situated in Lakeview village it is located close Go Transit, Lake Ontario, parks, trails and minutes to downtown Toronto and Pearson Airport.
Extras
Roughed in Central Vac, Family Room access to Garage, and walk out to Backyard. Gas Line for BBQ
Nearby Intersections
Property Details
Community
Property Type
Att/Row/Townhouse, 3-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
16' x 92'
Fronting
North
Taxes
$4,161 (2024)
Basement
Finished
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain15.29' x 16.83'Hardwood Floor, Large Window, Open Concept
DiningMain10.24' x 11.98'Hardwood Floor, Large Window, Open Concept
KitchenMain12.14' x 15.49'Quartz Counter, Stainless Steel Appl, Undermount Sink
Prim Bdrm2nd10.14' x 17.98'4 Pc Ensuite, Large Window, W/I Closet
2nd Br2nd7.84' x 11.35'Large Window, Broadloom, Closet
3rd Br2nd7.32' x 12.70'Large Window, Broadloom, Closet
FamilyGround15.29' x 17.36'W/O To Yard, 2 Pc Bath
RecBsmt14.80' x 15.68'Finished, Broadloom, Combined W/Laundry
Mississauga Market Statistics
Mississauga Price Trend
553 Mermaid Cres is a 3-bedroom 4-bathroom townhome listed for sale at $1,311,000, which is $494,122 (60.5%) higher than the average sold price of $816,878 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom townhome in Mississauga increased by $19,540 (2.5%) compared to the previous 30 day period (November 19 - December 18) and down $60,181 (6.9%) from the same time one year ago.
Inventory Change
There were 81 3-bedroom townhomes listed in Mississauga over the last 30 days (December 19 - January 17), which is up 9.5% compared with the previous 30 day period (November 19 - December 18) and up 68.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom townhomes in Mississauga typically sold ($22,121) (2.7%) below asking price over the last 30 days (December 19 - January 17), which represents a $52,441 decrease compared to the previous 30 day period (November 19 - December 18) and ($11,970) 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 townhomes in Mississauga over the last 30 days (December 19 - January 17) stood at 72.8%, down from 102.7% over the previous 30 days (November 19 - December 18) and down from 93.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom townhome in Mississauga stood at 43 days when successfully sold over the last 30 days (December 19 - January 17), compared to 71 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group Elite Realty Inc.
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