75 days on Market

29 Wesley Ave, Mississauga, Ontario L5H 2M6

Detached
3
2 + 1
~1771.5 sqft
$1,499,000
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Detached
3
2 + 1
~1771.5 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$846/sqft

Est. Mortgage$6,438/mo

Tax Amount (2024)$8,207/yr

Days On Market75 days


Description

This exceptional property presents a unique opportunity to either construct two semi-detached homes, pursue a profitable lot-splitting redevelopment or live in this cozy home. Situated in the prestigious Village on the Lake in Mississauga, it is surrounded by picturesque lakefront parks and trails, providing a gateway to an elevated lifestyle. Whether you choose to reside in this charming home or leverage the land for development, the potential is boundless. Located in the vibrant heart of Port Credit, this prime site is mere steps away from trendy restaurants, lively bars, stylish shops, inviting cafés, marinas, and Go Transit. It offers numerous possibilities for both buyers seeking a residence that combines timeless elegance with modern comforts and builders with ambitious visions. The home features formal living and dining areas, a gourmet kitchen equipped with granite countertops and high-end stainless steel appliances, and an open-concept family room complete with a large bay window and a walkout to a spacious deck—ideal for entertaining. This property holds remarkable potential for both builders and homeowners alike.


Property Details

StyleTwo Story
View-
Age of property-
SqFt~1771.5 SqFt
Lot Size6,000 SqFt(120 x 50)
Parking Spaces2
MLS ®Number40660287
Community NamePort Credit
Data SourceITSO
Listing byRE/MAX Escarpment Realty Inc., Brokerage

Features

Heating: Radiator
Cooling: Wall Unit(s)
Basement: Full, Partially Finished

Main Floor

Dining Room

3.40 x 3.51

bay window / crown moulding / hardwood floor

Family Room

4.37 x 5.05

hardwood floor / open concept / walkout to balcony/deck

Living Room

6.40 x 3.66

crown moulding / fireplace / hardwood floor

Kitchen

2.87 x 5.61

Open Concept


Features

Lot size: 6,000 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property listed by RE/MAX Escarpment Realty Inc., Brokerage, Brokerage

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Market Data - Port Credit

Buyer's Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

17 days

Compared to

2023

27 days

2022

44 days

2021

12 days

New Listings

Past 30 days

11 listings

Compared to

2023

6 listings

2022

3 listings

2021

3 listings

Units sold

Past 30 days

2 units

Compared to

2023

2 units

2022

5 units

2021

7 units

Median Sold Price

Past 30 days

$1,740,000

Compared to

2023

$1,775,000

2022

$1,725,000

2021

$2,380,000


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