890 Hampton Cres
Lakeview, Mississauga, L5G 4G3
FOR SALE
$2,100,000
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Property Description
A property that offers a unique opportunity for renovators and those seeking a sizeable ravine lot with tremendous potential. Nestled within the sought-after Lakeview area, this home is conveniently located near Lakeshore Road and Cawthra, providing easy access to the QEW and Long Branch Go Station. Walking distance to downtown Port Credit amenities as well as Lakeview Promenade Park.The unobstructed lot is truly remarkable, boasting a 50 foot frontage with 200+ feet of depth offering ample space for potential development or landscaping projects. The property serves as a blank canvas for your creative vision and future dream home. Additionally, Hampton Crescent provides convenient lake access located at the end of the street allowing you to live your best lake front lifestyle. This property is perfect for those looking to invest in a home with significant potential in a sought-after area. Consider the possibilities that 890 Hampton Crescent can offer.
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Nearby Intersections
Lakeshore & Cawthra (123)
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Lot Size
50' x 224'
Fronting
West
Taxes
$9,012 (2024)
Basement
Unfinished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Mississauga Market Statistics
Mississauga Price Trend
890 Hampton Cres is a 2-bedroom 2-bathroom home listed for sale at $2,100,000, which is $650,000 (44.8%) higher than the average sold price of $1,450,000 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom home in Mississauga increased by $141,250 (10.8%) compared to the previous 30 day period (September 21 - October 20) and up $329,500 (29.4%) from the same time one year ago.Inventory Change
There were 11 2-bedroom homes listed in Mississauga over the last 30 days (October 21 - November 19), which is up 10.0% compared with the previous 30 day period (September 21 - October 20) and up 37.5% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Mississauga typically sold $23,400 (1.6%) above asking price over the last 30 days (October 21 - November 19), which represents a $189,087 increase compared to the previous 30 day period (September 21 - October 20) and ($24,480) 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 2-bedroom homes in Mississauga over the last 30 days (October 21 - November 19) stood at 27.3%, down from 40.0% over the previous 30 days (September 21 - October 20) and down from 62.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Mississauga stood at 66 days when successfully sold over the last 30 days (October 21 - November 19), compared to 38 days before being removed from the market upon being suspended or terminated.Listing contracted with 6H Realty Inc.
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