8 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 Market8 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

4th Br

3.81 x 3.73

Hardwood Floor / Pot Lights / Above Grade Window

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


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
8 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

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

82 days

Compared to

2024

31 days

2023

71 days

2022

30 days

New Listings

Past 30 days

54 listings

Compared to

2024

34 listings

2023

18 listings

2022

12 listings

Units sold

Past 30 days

6 units

Compared to

2024

7 units

2023

6 units

2022

18 units

Median Sold Price

Past 30 days

$2,720,000

Compared to

2024

$1,325,000

2023

$1,455,000

2022

$2,332,500


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