7221 Reindeer Dr
Malton, Mississauga, L4T 2M6
FOR SALE
$969,000
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4 + 1
BEDROOMS3
BATHROOMS1 + 1
KITCHENS7 + 2
ROOMSW11822456
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Property Description
Welcome to a prime investment opportunity in one of Mississauga's most sought-after neighborhoods. This spacious, versatile property is designed to appeal to both investors and large families alike. The home features four generous bedrooms upstairs, plus an additional bedroom in the basement with a separate entrance ideal for in-laws, tenants, or extended family. The functional layout includes two kitchens, making it perfect for generating rental income or accommodating a multi-generational household. Situated on a rare pie-shaped lot, the property boasts a massive six-car driveway, providing ample parking for residents and guests. Located in a high-demand area close to schools, parks, shopping, and major highways, this property has high potential future and competitively priced in its current condition (sold as is). Don't miss out on this opportunity to secure this property in a thriving bustling community.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-11-03 | 2024-12-02 | 29 | $999,000 | - | Terminated |
2024-10-24 | 2024-11-03 | 10 | $1,230,000 | - | Terminated |
Extras
Current existing in as-is where-is condition: Main level - fridge, stove, dishwasher, clothing washer and dryer and Basement: fridge, stove, clothing washer and dryer, furnace and A/C.
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Detached, Backsplit 3
Approximate Sq.Ft.
1500-2000
Lot Size
47' x 126'
Fronting
West
Taxes
$5,320 (2024)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
Built-In
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 12.80' x 16.40' | |
Dining | Main | 10.17' x 10.50' | |
Kitchen | Main | 10.17' x 17.16' | |
Prim Bdrm | 2nd | 11.48' x 14.11' | |
2nd Br | 2nd | 10.83' x 11.15' | |
3rd Br | 2nd | 10.17' x 13.45' | |
4th Br | 2nd | 10.17' x 10.17' | |
Rec | Bsmt | 13.12' x 19.69' | |
Br | Bsmt | 9.02' x 9.02' |
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Mississauga Market Statistics
Mississauga Price Trend
7221 Reindeer Dr is a 4-bedroom 3-bathroom home listed for sale at $969,000, which is $395,519 (29.0%) lower than the average sold price of $1,364,519 in the last 30 days (November 11 - December 10). During the last 30 days the average sold price for a 4 bedroom home in Mississauga declined by $76,940 (5.3%) compared to the previous 30 day period (October 12 - November 10) and down $33,863 (2.4%) from the same time one year ago.Inventory Change
There were 214 4-bedroom homes listed in Mississauga over the last 30 days (November 11 - December 10), which is down 7.8% compared with the previous 30 day period (October 12 - November 10) and up 25.9% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Mississauga typically sold ($35,843) (2.6%) below asking price over the last 30 days (November 11 - December 10), which represents a $10,055 increase compared to the previous 30 day period (October 12 - November 10) and ($66,982) 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 (November 11 - December 10) stood at 44.9%, down from 59.5% over the previous 30 days (October 12 - November 10) and down from 50.6% 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 25 days when successfully sold over the last 30 days (November 11 - December 10), compared to 53 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Meadowtowne Realty
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