73 Morgon Ave

FOR SALE
$1,280,000
73 Morgon Ave, Mississauga
73 Morgon Ave
73 Morgon Ave
73 Morgon Ave
73 Morgon Ave
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4 + 4
BEDROOMS
2
BATHROOMS
1
KITCHENS
10
ROOMS
W11941487
MLSID
Contact Us
Property Description
Dont miss this amazing opportunity at 73 Morgan Ave! This 7-room tenanted property sits on a spacious 59 x 162.9 lot and generates $7,050/month, when all 8 rooms are rented and making it perfect for investors or builders. The property can be purchased with tenants in place or vacant, offering incredible flexibility. With its prime location and development potential, this is a must-see. Please note: walk-the-lot only, no interior showings.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-01-09 2023-01-27 22 $1,150,000 $1,025,000 Sold
2023-01-09 2023-01-27 22 $1,150,000 $1,025,000 Sold
2024-01-15 2024-01-16 1 $1,199,900 $1,125,000 Sold
2023-01-11 2023-01-27 22 $1,150,000 $1,025,000 Sold
2023-01-11 2023-01-27 22 $1,150,000 $1,075,000 Sold
Nearby Intersections
Property Features
School, School Bus Route
Property Details
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1500-2000
Lot Size
59' x 163'
Lot Irregularities
Rectangular
Fronting
North
Taxes
$5,926 (2024)
Basement
Full
Exterior
Alum Siding, Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
None
Mississauga Market Statistics
Mississauga Price Trend
73 Morgon Ave is a 4-bedroom 2-bathroom home listed for sale at $1,280,000, which is $290,250 (18.5%) lower 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 2-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 North 2 South Realty
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