ErindaleHousing market

Erindale

Erindale Housing Market Report

Strong Buyer's Market

All types - for the month of February

Buyer's market Seller's market

7

Days of inventory (DOI)*

DOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a DOI of +3 months indicates a buyers's market, where homes are selling slowly and there are more homes than available buyers.

110

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

48 active

New

31(+6.90% YoY)

Relisted

1(0% YoY)

Compared to number of active, same period, in 2024: 30, in 2023: 14, in 2022: 12

Total Sold Listings*

7 sold

Median Sold Price

$906,500

Avg Days on Market

110 days

Median Bidding

-$34,850

Compared to number of sold, same period, in 2024: 16, in 2023: 16, in 2022: 25

*Data is for the month of February

Median Sold Price vs Average Days and Average Total Days on Market - Erindale - All types

Sold vs Active vs New vs Relisted - Erindale - All types

Sold Price Distribution - Erindale - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Erindale - All types

Property type distribution based on data from the last 3 months.

Median Price - Erindale - All types

Just listed - Erindale

Unknown for 1458 Dundas Cres, Mississauga Ontario L5C 1E9

19 hours on market

Up to6K Cashback

1458 Dundas Cres, Mississauga

Detached32- sq ft

Listed by LPT REALTY

Living room with furniture, unknown for 830 Westlock Rd #16A, Mississauga Ontario L5C 1K6

19 hours on market

Up to7K Cashback

830 Westlock Rd #16A, Mississauga

Condo3+131200-1399 sq ft

Listed by CIREALTY

Unknown for 2484 Claymore Cres, Mississauga Ontario L5C 3A3

1 day on market

Up to20K Cashback

2484 Claymore Cres, Mississauga

Detached4+243000-3500 sq ft

Listed by HOMELIFE/MIRACLE REALTY LTD

Just sold - Erindale

Home with brick exterior material, street for 3638 Ellengale Dr, Mississauga Ontario L5C 1Z7

Sold 4 days ago

Sold for $941,000

$42K above asking

3638 Ellengale Dr, Mississauga

Semi-Detached421500-2000 sq ft

Listed by REALTY EXECUTIVES PLUS LTD

Home with brick exterior material, street for 3411 Enniskillen Circ, Mississauga Ontario L5C 2M9

Sold 5 days ago

Sold for $1,600,000

$99K below asking

3411 Enniskillen Circ, Mississauga

Detached341500-2000 sq ft

Listed by RE/MAX ABOUTOWNE REALTY CORP.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 1284 Fairdale Dr, Mississauga Ontario L5C 1K5

Sold 10 days ago

Sold for $1,275,000

$24K below asking

1284 Fairdale Dr, Mississauga

Detached42- sq ft

Listed by RE/MAX REALTY ENTERPRISES INC.

Population and Demographics

Overview

Total population 22002

Average household income $135,085

Age (%)

50 to 64

22%

0 to 19

21%

20 to 34

20%

35 to 49

18%

65 and plus

18%

Household composition (%)

Single family

72%

Single person

21%

Multi person

5%

Multi family

2%

Mother tongue (%)

English

54%

Mandarin

8%

Polish

6%

Urdu

6%

Tagalog (Pilipino, Filipino)

4%

Portuguese

4%

Arabic

4%

Spanish

3%

Others

3%

Yue (Cantonese)

1%

House tenancy (%)

Owners

71%

Renters

29%

Top 5 Schools in Erindale

St Jerome Separate School790 Paisley Blvd W, L5C 3P5, Mississauga, ON

8.5/10

Public•JK-8

Hawthorn Public School2473 Rosemary Dr, L5C 1X1, Mississauga, ON

8.1/10

Public•JK-8

St. John XXIII Catholic Elementary School915 McBride Ave, L5C 1M1, Mississauga, ON

7.4/10

Public•JK-8

Queenston Drive Public School3520 Queenston Dr, L5C 2G6, Mississauga, ON

7/10

Public•JK-8

Ellengale Public School3480 Ellengale Dr, L5C 1Z7, Mississauga, ON

6.9/10

Public•JK-8

Transportation

Car Friendly

4/5

Good access to freeways and major arteries, with a large amount of parking nearby

Pedestrian Friendly

3/5

Few day-to-day needs are within walking distance

Transit Friendly

2/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

2/5

Few or no cafés within walking distance

Groceries

3/5

At least one grocery store within a 15-minute walk

Nightlife

0/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance