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47 days on Market

1416 Elaine Tr, Mississauga, Ontario L5G 3W8

Detached
3 + 1
2
~1100-1500 sqft
$1,998,000
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Detached
3 + 1
2
~1100-1500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,574/sqft

Est. Mortgage$8,581/mo

Tax Amount (2024)$8,586/yr

Days On Market47 days


Description

Attention builders and dream home seekers!! Here's your golden opportunity to create your perfect residence on a premier estate lot in Mineola. This remarkable 80' x 125' southwest-facing lot, bordered by elegant pines and spruce trees and surrounded by multi-million-dollar homes, offers unparalleled potential. Nestled on one of Mineola's most coveted streets within a highly esteemed school district, the location combines prestige with convenience-- close to major highways, GO Transit, Lake Ontario, Port Credit shops, and just 20 minutes from downtown Toronto. Currently, a beautifully maintained bungalow adorns the property, showcasing 3 bedrooms, 2 bathrooms, and a professionally finished basement. This well-maintained home could serve as a lucrative rental while you await permits or if you prefer a smaller residence, renovate the existing home and make it your own. Opportunities like this are rare. Don't miss your chance to design a masterpiece in one of the area's most desirable neighborhoods!


Property Details

StyleBungalow
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size10,000 SqFt(125 x 80)
Parking Spaces8
MLS ®NumberW11971990
Community NameMineola
Data SourceTRREB
Listing byKELLER WILLIAMS REAL ESTATE ASSOCIATES

Features

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

Lower Floor

Office

3.76 x 3.73

hardwood floor / Pot Lights / Above Grade Window

Family

7.32 x 3.58

hardwood floor / Fireplace / Wet Bar

Media/Ent

3.86 x 2.84

hardwood floor / Pot Lights / Beamed

Laundry

2.95 x 1.73

Tile Floor / Heated Floor / Pot Lights


Features

Lot size: 10,000 SqFt

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 6

Total parking spaces 8


Property History

Feb 13, 2025
ListedActive
$1,998,000
47 days on market
history photo preview40
Listing by trreb®
Property listed by KELLER WILLIAMS REAL ESTATE ASSOCIATES, Brokerage

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Market Data - Mineola

Geo Zone Map ThumbnailMineola

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

39 days

Compared to

2024

20 days

2023

21 days

2022

9 days

New Listings

Past 30 days

29 listings

Compared to

2024

21 listings

2023

21 listings

2022

24 listings

Units sold

Past 30 days

4 units

Compared to

2024

9 units

2023

15 units

2022

8 units

Median Sold Price

Past 30 days

$1,542,500

Compared to

2024

$2,070,000

2023

$1,785,000

2022

$1,644,300


Population and Demographics

Overview

Total population 11569
Average household income $210,873

Age (%)

50 to 64
24%
0 to 19
22%
35 to 49
20%
65 and plus
18%
20 to 34
16%

Household composition (%)

Single family
70%
Single person
27%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
75%
Polish
5%
Others
4%
Italian
3%
Portuguese
3%
Mandarin
2%
Spanish
2%
French
1%
Arabic
1%

House tenancy (%)

Owners
66%
Renters
34%

Schools and amenities

Estimated Budget