7221 Reindeer Dr

FOR SALE
$899,000
7221 Reindeer Dr, Mississauga
7221 Reindeer Dr
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4 + 1
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
7 + 2
ROOMS
W11892076
MLSID
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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.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-12-02 2024-12-13 11 $969,000 - Terminated
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
Property Details
Community
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
Room Summary
RoomLevelSizeFeatures
LivingMain12.80' x 16.40'
DiningMain10.17' x 10.50'
KitchenMain10.17' x 17.16'
Prim Bdrm2nd11.48' x 14.11'
2nd Br2nd10.83' x 11.15'
3rd Br2nd10.17' x 13.45'
4th Br2nd10.17' x 10.17'
RecBsmt13.12' x 19.69'
BrBsmt9.02' x 9.02'
Mississauga Market Statistics
Mississauga Price Trend
7221 Reindeer Dr is a 4-bedroom 3-bathroom home listed for sale at $899,000, which is $474,367 (34.5%) lower than the average sold price of $1,373,367 in the last 30 days (November 17 - December 16). During the last 30 days the average sold price for a 4 bedroom home in Mississauga declined by $57,947 (4.0%) compared to the previous 30 day period (October 18 - November 16) and down $11,432 (0.8%) from the same time one year ago.
Inventory Change
There were 139 4-bedroom homes listed in Mississauga over the last 30 days (November 17 - December 16), which is down 53.2% compared with the previous 30 day period (October 18 - November 16) and up 3.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Mississauga typically sold ($38,464) (2.8%) below asking price over the last 30 days (November 17 - December 16), which represents a $5,735 increase compared to the previous 30 day period (October 18 - November 16) and ($61,916) 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 17 - December 16) stood at 61.2%, up from 47.5% over the previous 30 days (October 18 - November 16) and down from 67.9% 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 27 days when successfully sold over the last 30 days (November 17 - December 16), compared to 54 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Meadowtowne Realty
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