Home with brick exterior material, unknown for 28 Forest Ave, Mississauga Ontario L5G 1K8
Re-listed 1 day ago

28 Forest Ave, Mississauga, Ontario L5G 1K8

Detached
4 + 1
2
~2000-2500 sqft
$•••,•••
$2,000,000
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Detached
4 + 1
2
~2000-2500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$900/sqft

Est. Mortgage$8,589/mo

Tax Amount (2024)$8,454/yr

Days On Market1 day

Total Days On Market257 days


Description

Welcome to 28 Forest Avenue, Mississaugaa remarkable property boasting 75 feet of frontage and an unbeatable location just a short walk from Port Credit, the GO Train station, Mentor College, and the lake. This prime lot offers great potential for redevelopment into two detached homes or duplexes. Currently generating $3,900/month in rental income. For more information and to discover its full potential.


Property Details

Style1 1/2 Storey
View-
Age of property-
SqFt~2000-2500 SqFt
Lot Size8,250 SqFt(110 x 75)
Parking Spaces5
MLS ®NumberW12135100
Community NamePort Credit
Data SourceTRREB
Listing byMODERN SOLUTION REALTY INC.

Features

Heating: Forced Air
Cooling: Wall Unit
Fireplace
Basement: Part Fin

Main Floor

Foyer

1.75 x 3.32

Dining

4.1 x 4.1

Family

8.32 x 4.21

Kitchen

3.3 x 5.54


Features

Lot size: 8,250 SqFt

Parking

Garage spaces 2

Garage type Built-In

Other parking spaces 3

Total parking spaces 5


Property listed by MODERN SOLUTION REALTY INC., Brokerage

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Market Data - Port Credit

Geo Zone Map ThumbnailPort Credit

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

21 days

Compared to

2024

9 days

2023

4 days

2022

5 days

New Listings

Past 30 days

9 listings

Compared to

2024

16 listings

2023

11 listings

2022

8 listings

Units sold

Past 30 days

2 units

Compared to

2024

5 units

2023

3 units

2022

5 units

Median Sold Price

Past 30 days

$1,292,500

Compared to

2024

$1,902,000

2023

$1,970,000

2022

$2,125,000


Population and Demographics

Overview

Total population 7199
Average household income $172,319

Age (%)

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

Household composition (%)

Single family
51%
Single person
44%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
80%
Polish
3%
Others
3%
Spanish
3%
Arabic
2%
French
2%
Italian
2%
Mandarin
1%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Renters
58%
Owners
42%

Schools and amenities

Estimated Budget