5923 Mayfield Rd

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5923 Mayfield Rd, Brampton
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4 + 1
BEDROOMS
4
BATHROOMS
1 + 1
KITCHENS
11
ROOMS
W4629839
MLSID
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Property Description
Development & Redevelopment. Approx 4.64 Acres (As Per Mpac), Currently Zones Rhm1-Commercial/Institutional. Secondary Plan: Secondary Plan Vales North Secondary Plan - Industrial Special Study Area. Subject To Planning Approved By The City Of Brampton.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-12-03 2021-03-05 92 $10,888,000 - Terminated
Extras
Fully Renovated Detached 4+4 Bedroom Brick 2 Storey Home W/City, Septic. 2 Fully Finished Basement Apartments With Separate Entrance. Many More Beautiful Features, Book A Showing!!!!
Nearby Intersections
Property Features
Public Transit
Property Details
Property Type
Detached, 2-Storey
Lot Size
200' x 1,010'
Fronting
North
Taxes
$12,803 (2019)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
12
Driveway
Private
Garage Type
Attached
Brampton Market Statistics
Brampton Price Trend
5923 Mayfield Rd is a 4-bedroom 4-bathroom home listed for sale at $8,900,000, which is $7,679,932 (629.5%) higher than the average sold price of $1,220,068 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 4 bedroom home in Brampton declined by $38,548 (3.1%) compared to the previous 30 day period (February 25 - March 25) and down $78,385 (6.0%) from the same time one year ago.
Inventory Change
There were 446 4-bedroom homes listed in Brampton over the last 30 days (March 26 - April 24), which is up 21.5% compared with the previous 30 day period (February 25 - March 25) and up 35.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Brampton typically sold ($16,908) (1.4%) below asking price over the last 30 days (March 26 - April 24), which represents a $5,441 decrease compared to the previous 30 day period (February 25 - March 25) and $14,916 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 4-bedroom homes in Brampton over the last 30 days (March 26 - April 24) stood at 49.1%, down from 49.3% over the previous 30 days (February 25 - March 25) and down from 73.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Brampton stood at 22 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 Homelife Silvercity Realty Inc., Brokerage
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