$2,099,000
For sale: Detached

Great Income Property or Perfect for an Extended Family!Situated on a premium 80' x 170' lot in the highly desirable Gordon Woods area, this unique 9+1 bedroom detached home offers exceptional flexibility for investors, developers, or multi-generational living. Featuring 3 separate entrances (one on each level), the original raised bungalow boasts 9' vaulted ceilings, while the upper-level addition (built in 1987) adds 5 bedrooms, 3 bathrooms, a spacious family room with 15' vaulted ceilings, a large kitchen, and a 30-foot deck overlooking the expansive backyard.Attention Investors & Developers: Rare opportunity with potential for lot severance into two residential lots (buyer to conduct their own due diligence and verify with the municipality), offering excellent future redevelopment potential.Conveniently located with easy access to major highways, hospitals, schools, parks, and amenities.
Sold data
Detached homes in Mississauga (Erindale) took a median of 23 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 42, across 537 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 43 days.
The median sale price was $1,220,000.
Homes sold for about 3.8% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
Based on 537 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Mississauga (Erindale) has 131 Fraser Institute–rated schools (96 elementary and 35 secondary), averaging 6.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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