5562 Katy Gate

FOR SALE
$1,379,800
5562 Katy Gate, Mississauga
5562 Katy Gate
5562 Katy Gate
5562 Katy Gate
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3 + 1
BEDROOMS
4
BATHROOMS
1 + 1
KITCHENS
7 + 3
ROOMS
W9298318
MLSID
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Property Description
Beautiful Detached Home Nestled In Prestigious Churchill Meadows With Separate/Basement Apartment (Rented currently for $1950/month). This Spacious Home Boasts A Separate Living & Dining Area Ideal For Entertaining, An Open Concept Family Room That Leads To A Large Breakfast Area With Access to a Professionally Landscaped Backyard. Recently Upgraded Stamped Concrete Driveway With 3 Comfortable Parking Spaces. Upgraded Kitchen With Quartz Countertops & High End Stainless Steel Appliances. Good Size Bedrooms With Master Ensuite & Walk In Closet, Updated Washrooms. Professionally Upgraded Basement Apartment Allowing Comfort Living To Tenants! Basement Features Open Concept Room With Full 3 Pcs Washroom & Spacious Bedroom. Possible 2 Bedroom Instead of 1 Bedroom Apartment Subject To Owner Needs. Best Schools, Good Connectivity To Public Transportation & All Other Essential Amenities, Close To Hwy's, Hospital, Community Centre's, Plaza's & Much More.
Nearby Intersections
Property Details
Street
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
36' x 86'
Fronting
North
Taxes
$6,437 (2024)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain11.22' x 12.53'Large Window, Open Concept, Combined W/Dining
DiningMain11.22' x 7.38'Hardwood Floor, O/Looks Frontyard
FamilyMain16.80' x 12.40'Gas Fireplace, Combined W/Kitchen, Hardwood Floor
KitchenMain13.06' x 15.75'Quartz Counter, Stainless Steel Appl, O/Looks Backyard
Prim Bdrm2nd18.24' x 12.04'4 Pc Ensuite, W/I Closet, O/Looks Garden
2nd Br2nd13.94' x 12.50'Closet, Large Window, Broadloom
3rd Br2nd11.65' x 11.58'Closet, Large Window, Broadloom
BrBsmt9.51' x 11.52'Laminate
LivingBsmt10.50' x 11.52'Laminate
DiningBsmt10.79' x 11.52'Laminate
KitchenBsmt7.51' x 10.40'Tile Floor
Mississauga Market Statistics
Mississauga Price Trend
5562 Katy Gate is a 3-bedroom 4-bathroom home listed for sale at $1,379,800, which is $198,839 (16.8%) higher than the average sold price of $1,180,961 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 3 bedroom home in Mississauga increased by $19,979 (1.7%) compared to the previous 30 day period (July 17 - August 15) and up $40,014 (3.5%) from the same time one year ago.
Inventory Change
There were 310 3-bedroom homes listed in Mississauga over the last 30 days (August 16 - September 14), which is up 37.8% compared with the previous 30 day period (July 17 - August 15) and up 21.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Mississauga typically sold ($28,623) (2.4%) below asking price over the last 30 days (August 16 - September 14), which represents a $9,298 increase compared to the previous 30 day period (July 17 - August 15) and $2,014 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 (August 16 - September 14) stood at 48.1%, down from 60.0% over the previous 30 days (July 17 - August 15) and down from 48.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Mississauga stood at 24 days when successfully sold over the last 30 days (August 16 - September 14), compared to 44 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sam Mcdadi Real Estate Inc.
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