974 Raintree Lane

FOR SALE
$1,325,000
974 Raintree Lane, Mississauga
974 Raintree Lane
974 Raintree Lane
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
6 + 1
ROOMS
W8323876
MLSID
Contact Us
Property Description
This exquisitely appointed family home, situated on a tranquil street in the highly sought-after Lorne Park area, epitomizes suburban elegance and comfort. A mere 11-minute walk from picturesque lake views, parks & walking trails all nestled in a district renowned for its top-rated schools, this property has been meticulously maintained by the same owners since 1986, ensuring pristine condition. The heart of this home is its updated eat-in kitchen, featuring quartz countertops, modern white cabinets, a stylish backsplash, an induction stove and a charming bay window. Throughout the main & upper levels, rich hickory hardwood floors add warmth and continuity to the space. On the main floor, an interior door offers convenient access to the garage and a side entrance leading to the meticulously landscaped backyard. Step up to the expansive living room located between the main and upper floors, where high ceilings, a cozy wood-burning fireplace, and a Juliet balcony create an inviting and luxurious space for relaxation and gatherings. The upper level houses a spacious primary bedroom that easily accommodates a king-sized bed and includes a generous three-door closet. Additionally, two other well-sized bedrooms and a full 4-piece bathroom complete this floor. The cozy lower-level family room is enhanced with pot lights, a large window, and plush broadloom, making it a perfect retreat or entertainment area. The basement offers further flexibility with laundry facilities, ample storage, and the potential for a den or home office. Outside, the beautifully landscaped private backyard features a composite deck designed to comfortably fit your outdoor furniture, ideal for entertaining or enjoying quiet moments in a serene setting. Completing this exceptional home is a double-car driveway that provides ample parking. This residence is not just a home, but a lifestyle choice for those seeking a blend of comfort, style, and convenience in a prestigious community.
Extras
This home includes Central Vac., Owned Tankless Water Heater, GDO, All Appliances. The interior design of this home is similar to that of a backsplit.
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
30' x 88'
Lot Irregularities
92.42 Ft On One Side. 29.88 Rear
Fronting
East
Taxes
$5,430 (2023)
Basement
Unfinished
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain8.37' x 18.77'Eat-In Kitchen, Hardwood Floor, Quartz Counter
DiningMain11.98' x 10.01'Hardwood Floor, Open Concept
BathroomMain6.86' x 3.64'2 Pc Bath
LivingIn Betwn18.01' x 10.96'Broadloom, Brick Fireplace, Vaulted Ceiling
Prim Bdrm2nd10.53' x 17.95'Hardwood Floor, Closet, Window
2nd Br2nd12.01' x 11.91'Hardwood Floor, Closet, Window
3rd Br2nd8.37' x 10.89'Hardwood Floor, Closet, Window
Bathroom2nd7.71' x 6.46'4 Pc Bath, Quartz Counter
FamilyLower18.01' x 10.96'Broadloom, Pot Lights, Above Grade Window
LaundryBsmt14.93' x 7.45'
DenBsmt7.05' x 9.12'
Mississauga Market Statistics
Mississauga Price Trend
974 Raintree Lane is a 3-bedroom 2-bathroom home listed for sale at $1,325,000, which is $106,796 (8.8%) higher than the average sold price of $1,218,204 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 3 bedroom home in Mississauga declined by $20,593 (1.7%) compared to the previous 30 day period (March 15 - April 13) and down $42,225 (3.4%) from the same time one year ago.
Inventory Change
There were 375 3-bedroom homes listed in Mississauga over the last 30 days (April 14 - May 13), which is up 80.3% compared with the previous 30 day period (March 15 - April 13) and up 64.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Mississauga typically sold $12,647 (1.0%) above asking price over the last 30 days (April 14 - May 13), which represents a $888 decrease compared to the previous 30 day period (March 15 - April 13) and $53,051 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 3-bedroom homes in Mississauga over the last 30 days (April 14 - May 13) stood at 44.5%, down from 84.6% over the previous 30 days (March 15 - April 13) and down from 84.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Mississauga stood at 8 days when successfully sold over the last 30 days (April 14 - May 13), compared to 24 days before being removed from the market upon being suspended or terminated.
Listing contracted with Ipro Realty Ltd
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