Although some expected the COVID-19 pandemic to adversely affect the housing market (and in many ways, it has worsened conditions for some buyers), the crisis has done little to drive prices down inMississauga.

In fact, pricesthough down a bit month-over-monthare higher than they were in2019.

According to real estate brokerage and website Zoocasa, the average home price in Mississauga grew 5 per cent year-over-year to $796,577 but declined 4 per cent compared to April. The average home price in the region in May was 10 per cent lower than in February 2020, before COVID-19 measures wereintroduced.

Zoocasa says detached and semi-detached average house prices also grew annually by 2 per cent and 8 per cent to $1,118,835 and $795,856 respectively. In the condominium segment, the condo townhouse average price grew 7 per cent year-over-year to $631,185 and condo apartment average price increased 4 per cent to$498,640.

Since prices are stubbornly high, it's not surprising that some pretty magnificent properties changed hands inMay.

Here's a look at some of the swankiest homes that recently sold inMississauga:

2180 ParkerDr.

This Gordon Woods home sold for $3,305,000 after being listed for $3,649,000. The house boasts five bedrooms, seven bathrooms, 20 parking spaces and over 5,000 square feet of space on the ground floor. It also features a master retreat with a private courtyard and outdoor shower, an enclosed porch with a hot tub andmore.

1248 Lorne ParkRd.

This prestigious estate home sold for $2,700,000 after being listed for $2,799,888. The six-bedroom, six-bathroom, 10-parking spot home boasts a backyard retreat, a bright kitchen and a potential nannysuite.

4005 WoodchuckLane

This Kingsway-style home sold for $2,600,786 after being listed for $2,495,000. The home boasts six bedrooms, five bathrooms, and 14 parking spaces. It also features a premium ravine lot and a great room with a cathedralceiling.

1343 MiltonAve.

This custom-built home sold for $2,568,500 after being listed for $2,699,000. The home features four bedrooms, five bathrooms, approximately 5,000 square feet of space and six parking spaces. It also boasts a grand entrance with highceilings.

701 AtokaDr.

This custom-built home sold for $2,375,000 after being listed for $2,475,000. The house features four bedrooms, four bathrooms, up to 5,000 square feet of space and six parking spots. It also boasts a master retreat with a fireplace and sittingarea.

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5 swanky homes that recently sold in Mississauga - insauga.com

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July 7, 2020 at 5:44 am by Mr HomeBuilder
Category: Custom Homes