552 Mermaid Cres

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552 Mermaid Cres, Mississauga
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4
BEDROOMS
4
BATHROOMS
1
KITCHENS
7 + 1
ROOMS
W4222063
MLSID
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Property Description
Fully Upgraded "Newport" Townhome. This 4 Br 3.5 Bath Is Located In The Sought After Lakeview (Port Credit) Area Of Mississauga. This Townhome Comes With Over $40K In Upgrades, Incl. Hardwood Thru-Out, Ceasarstone Waterfall Island, Wrought Iron Stair Pickets & Smart Home Equipped. This Freehold Townhouse Incl Potl Of $75.91/Mth For Road & Playground Maint. Open Concept/Entertainer's Delight. Modern & Trendy. 20 Mins To Dt. T.O. & Airport. 5 Min Walk To Lake.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-02-09 2022-02-13 4 $1,199,000 $1,505,000 Sold
2020-10-05 2020-11-29 55 $3,500 $3,500 Leased
2020-02-04 2020-02-13 9 $3,400 $3,450 Leased
2019-11-27 2019-11-30 3 $3,400 $3,600 Leased
2019-01-03 2019-02-22 50 $975,000 - Terminated
Extras
2205 Sf Modern Townhome, Incl 253 Sf Fin Basement. Priv Drive & Backyard. Plenty Of Visitor Parking. Wired For Poe Security Cameras. See Sch C For Incl Appliances. Balance Of Tarion Warranty Incl. Excl. Nest Security Cameras.
Property Features
Fenced Yard, Marina, Park, Public Transit, Rec Centre, School
Property Details
Community
Property Type
Att/Row/Townhouse, 3-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
16' x 89'
Acreage
< .50
Fronting
South
Taxes
$3,630 (2018)
Basement
Finished
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
DiningMain12.34' x 17.65'Combined W/Kitchen, Hardwood Floor, W/O To Balcony
KitchenMain11.78' x 12.80'Stainless Steel Appl, Centre Island, 2 Pc Bath
LivingMain13.58' x 15.35'Combined W/Kitchen, Hardwood Floor, O/Looks Backyard
Master2nd10.14' x 17.95'4 Pc Ensuite, W/I Closet, Hardwood Floor
2nd Br2nd7.28' x 16.50'Hardwood Floor, Double Closet, Window
3rd Br2nd7.68' x 10.37'Hardwood Floor, Closet, Window
FoyerGround9.19' x 12.53'W/O To Yard, 3 Pc Bath, Hardwood Floor
BrGround8.23' x 16.47'Hardwood Floor, Closet, Window
RecBsmt14.86' x 15.72'Laminate, Window
Mississauga Market Statistics
Mississauga Price Trend
552 Mermaid Cres is a 4-bedroom 4-bathroom townhome listed for sale at $949,999, which is $69,219 (7.9%) higher than the average sold price of $880,780 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 4 bedroom townhome in Mississauga declined by $54,825 (5.9%) compared to the previous 30 day period (February 25 - March 25) and up $5,780 (0.7%) from the same time one year ago.
Inventory Change
There were 20 4-bedroom townhomes listed in Mississauga over the last 30 days (March 26 - April 24), which is up 11.1% compared with the previous 30 day period (February 25 - March 25) and up 42.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom townhomes in Mississauga typically sold $71,800 (8.2%) above asking price over the last 30 days (March 26 - April 24), which represents a $49,059 increase compared to the previous 30 day period (February 25 - March 25) and $9,380 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 4-bedroom townhomes in Mississauga over the last 30 days (March 26 - April 24) stood at 50.0%, down from 61.1% over the previous 30 days (February 25 - March 25) and down from 64.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom townhome in Mississauga stood at 25 days when successfully sold over the last 30 days (March 26 - April 24), compared to 40 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Signature Realty, Brokerage
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