4 hours on Market

5523 Loon Lake Ave, Mississauga, Ontario L5V 2J5

Detached
5
4
~3000-3500 sqft
$1,598,888
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Detached
5
4
~3000-3500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$494/sqft

Est. Mortgage$6,867/mo

Tax Amount (2024)$7,152/yr

Days On Market4 hours


Description

Fully Detached, Two Storey Corner Home. Great Value, 5 Bedroom Home, Offering an Impressive 3,050 Sq Ft of Above Grade Living Space, Located in Desirable East Credit Neighbourhood. Spacious Layout. The Main Floor Boasts Separate Living Room and a Good Size Family Room With Fireplace.. Located a Short Distance to 401-403, Heartland, Erin Mills, Minutes to River Grove Community Centre.


Property Details

Style2-Storey
View-
Age of property16-30
SqFt~3000-3500 SqFt
Lot Size6,301 SqFt(119.75 x 52.62)
Parking Spaces5
MLS ®NumberW11956986
Community NameEast Credit
Data SourceTRREB
Listing byRE/MAX ULTIMATE REALTY INC.

Features

Heating: Forced Air
Central Vacuum
Cooling: Central Air
Fireplace
Basement: Finished

Main Floor

Dining

3.65 x 4.57

Laminate / Window

Kitchen

4.45 x 5.52

Ceramic Floor / W/O To Patio

Family

5.79 x 3.84

Laminate / Fireplace / Window

Br

3.04 x 3.96

Laminate


Features

Lot size: 6,301 SqFt

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 3

Total parking spaces 5


Property History

Feb 5, 2025
ListedActive
$1,598,888
4 hours on market
history photo preview40
Listing by trreb®
Property listed by RE/MAX ULTIMATE REALTY INC., Brokerage

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Market Data - East Credit

Geo Zone Map ThumbnailEast Credit

Seller's Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

25 days

Compared to

2024

26 days

2023

12 days

2022

5 days

New Listings

Past 30 days

41 listings

Compared to

2024

14 listings

2023

15 listings

2022

6 listings

Units sold

Past 30 days

17 units

Compared to

2024

12 units

2023

4 units

2022

16 units

Median Sold Price

Past 30 days

$1,350,000

Compared to

2024

$1,355,000

2023

$1,309,000

2022

$1,867,500


Population and Demographics

Overview

Total population 62078
Average household income $148,586

Age (%)

50 to 64
24%
20 to 34
23%
0 to 19
21%
35 to 49
17%
65 and plus
15%

Household composition (%)

Single family
84%
Single person
11%
Multi family
3%
Multi person
3%

Mother tongue (%)

English
46%
Urdu
10%
Arabic
7%
Yue (Cantonese)
6%
Mandarin
5%
Punjabi (Panjabi)
4%
Tagalog (Pilipino, Filipino)
3%
Vietnamese
3%
Tamil
2%
Others
2%
Portuguese
1%

House tenancy (%)

Owners
82%
Renters
18%

Schools and amenities

Estimated Budget