1499 Lorne Wood Rd

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1499 Lorne Wood Rd, Mississauga
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3 + 2
BEDROOMS
2
BATHROOMS
1
KITCHENS
6 + 2
ROOMS
W4133618
MLSID
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Property Description
Gorgeous Treed 80 X155 Ft Corner Lot Located In Prestigious Lorne Park Off Indian Rd.The Existing Home Can Be Renovated To Suit Or Build Your Dream Home In This Beautiful Setting.Beautiful Corner Lot!Potential To Change Address To An Indian Rd Address To Accommodate A Longer Back Yard.Quiet,Family Oriented Neighbourhood.Close To Restaurants,Parks&Trails,& The Lake!Easy Access To Public Transit, Go&Qew! 2 Blocks From Lorne Park Ps &1.3Km From Lorne Park Ss.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-01-07 2020-02-24 47 $1,399,000 $1,330,000 Sold
2019-08-16 2019-10-23 68 $3,000 - Suspended
2019-08-16 2019-10-23 68 $1,295,000 - Suspended
2019-07-16 2019-08-16 31 $1,349,000 - Terminated
2019-06-06 2019-07-16 40 $1,349,000 - Terminated
Extras
Existing: Appliances,All Window Coverings, All Electrical Light Fixtures. Exclude: Hwt (If Rental)
Property Details
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
80' x 155'
Fronting
North
Taxes
$6,419 (2018)
Basement
Finished, W/O
Exterior
Brick, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain22.31' x 12.24'Hardwood Floor, Window, Panelled
DiningMain22.31' x 12.24'Hardwood Floor, Combined W/Living, Panelled
KitchenMain18.73' x 10.04'Vinyl Floor, Side Door, Window
MasterMain13.12' x 10.50'Hardwood Floor, Closet, Window
2nd BrMain12.83' x 11.19'Hardwood Floor, Closet, Window
3rd BrMain12.86' x 9.71'Hardwood Floor, Closet, Window
RecBsmt23.36' x 18.24'Vinyl Floor, Window, Closet
BrBsmt8.46' x 12.60'Vinyl Floor, Window, Closet
BrBsmt9.97' x 10.66'Vinyl Floor, Window, Closet
Mississauga Market Statistics
Mississauga Price Trend
1499 Lorne Wood Rd is a 3-bedroom 2-bathroom home listed for sale at $1,398,000, which is $163,348 (13.2%) higher than the average sold price of $1,234,652 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 3 bedroom home in Mississauga increased by $42,606 (3.6%) compared to the previous 30 day period (February 25 - March 25) and down $4,307 (0.3%) from the same time one year ago.
Inventory Change
There were 294 3-bedroom homes listed in Mississauga over the last 30 days (March 26 - April 24), which is up 23.5% compared with the previous 30 day period (February 25 - March 25) and up 45.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Mississauga typically sold $13,800 (1.1%) above asking price over the last 30 days (March 26 - April 24), which represents a $7,446 increase compared to the previous 30 day period (February 25 - March 25) and $24,147 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 (March 26 - April 24) stood at 68.7%, up from 61.3% over the previous 30 days (February 25 - March 25) and down from 82.7% 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 12 days when successfully sold over the last 30 days (March 26 - April 24), compared to 33 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sam Mcdadi Real Estate Inc., Brokerage
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