61 Forest Ave

FOR SALE
$1,849,900
61 Forest Ave, Mississauga
61 Forest Ave
61 Forest Ave
61 Forest Ave
61 Forest Ave
61 Forest Ave
61 Forest Ave
61 Forest Ave
61 Forest Ave
61 Forest Ave
61 Forest Ave
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61 Forest Ave
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4
BEDROOMS
3
BATHROOMS
1
KITCHENS
6
ROOMS
W11980638
MLSID
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Property Description
EXCEPTIONAL PROPERTY LOCATED IN ONE OF MISSISSAUGA'S MOST SOUGHT AFTER AREAS OF OLD PORT CREDIT. THIS IS A MOST UNIQUE OPPORTUNITY TO LIVE IN, RENOVATE OR RE DEVELOP TO BUILD YOUR DREAM HOME. A BEAUTIFUL TREE LINED STREET WITH AN IMPRESSIVE LOT MEASURING 45.07 FEET BY 114.76 FEET. A VERY SOLID WELL BUILT 4 BEDROOM BUNGALOW, CONSISTING OF A APPROXIMATLEY 2320 SQUARE FEET OF TOTAL FINISHED SPACE, 5TH BEDROOM IN LOWER LEVEL, 3 - FOUR PIECE BATHROOMS, HARDWOOD IN 3 BEDROOMS, SIDE ENTERANCE, TWO KITCHENS, LARGE PICTURE WINDOW IN LIVING ROOM OVERLOOKS THE FRONT PORCH, GAS FIREPLACE IN LOWER LEVEL, INTERLOCKING WALKWAY DOWN THE EAST SIDE OF THE HOME AND FULLY FENCED PROPERTY. THIS PROPERTY IS IN A PRESTIGIOUS EVOLVING NEIGHBOURHOOD AS YOU WILL SEE THE PRECEDENT IS SET FOR REDEVELOPMENT ON FOREST AVENUE AND SURROUNDING STREETS FOR NEW CUSTOM HOMES. THE SELLER MAKES NO REPRESENTATIONS WHAT SO EVER REGARDING REDEVELOPMENT. BUYER MUST BE RESPONSIBLE TO DUE THEIR DUE DILIGENCE WIH THE CITY OF MISSISSAUGA/ REGION OF PEEL. VERY CLOSE PROXIMITY TO PUBLIC TRANSPORTATIONS, PORT CREDIT GO TRAIN, CREDIT RIVER ABD LAKE ONTARIO PARKS. DONT MISS THIS OPPORTUNITY!!! REAR YARD ENJOYS A SOUTH EXPOSURE.
Nearby Intersections
Property Details
Community
Property Type
Detached, Bungalow
Lot Size
45' x 115'
Fronting
South
Taxes
$6,627 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain13.09' x 15.03'Ceramic Floor, Combined W/Dining, Picture Window
DiningMain10.17' x 8.99'Ceramic Floor, Combined W/Living
KitchenMain8.20' x 10.50'Ceramic Floor, Eat-In Kitchen
Prim BdrmMain19.36' x 9.84'Broadloom, 4 Pc Ensuite, Double Closet
2nd BrMain10.17' x 12.14'Hardwood Floor, Closet, O/Looks Garden
3rd BrMain10.50' x 11.48'Hardwood Floor, Closet, O/Looks Garden
4th BrMain11.15' x 10.83'Hardwood Floor, Closet
5th BrLower11.48' x 9.84'Ceramic Floor
KitchenLower8.86' x 21.65'Ceramic Floor, Above Grade Window
RecLower17.72' x 11.15'Ceramic Floor, Above Grade Window, Gas Fireplace
Mississauga Market Statistics
Mississauga Price Trend
61 Forest Ave is a 4-bedroom 3-bathroom home listed for sale at $1,849,900, which is $279,650 (17.8%) 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 3-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 Sutton Group Quantum Realty Inc.
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