$1,289,000 - 61 Forest Avenue, Mississauga
Detached for Sale in Mississauga
- MLS Number
- W12887934
- Property Type
- Detached
- Status
- active
- Days on Site
- 20
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- SUTTON GROUP QUANTUM REALTY INC.
EXCEPTIONAL PROPERTY LOCATED IN ONE OF MISSISSAUGA'S MOST SOUGHT-AFTER AREAS OF OLD PORT CREDIT. THIS IS A MOST UNIQUE OPPORTUNITY TO LIVE IN, RENOVATE, OR REDEVELOP TO BUILD YOUR DREAM HOME. A BEAUTIFUL TREE-LINED STREET WITH AN IMPRESSIVE LOT MEASURING 45.07 FEET BY 114.76 FEET. A VERY SOLID WELL BUILT 4 BEDROOM BUNGALOW, CONSISTING OF APPROXIMATLEY 2320 SQUARE FEET OF TOTAL FINISHED SPACE, 5TH BEDROOM IN LOWER LEVEL, 3 - FOUR PIECE BATHROOMS, HARDWOOD IN 3 BEDROOMS, SIDE ENTERANCE, TWO KITCHENS, LARGE PICTURE WINDOW IN LIVING ROOM OVERLOOKS THE FRONT PORCH, GAS FIREPLACE IN LOWER LEVEL, INTERLOCKING WALKWAY DOWN THE EAST SIDE OF THE HOME AND FULLY FENCED PROPERTY. THIS PROPERTY IS IN A PRESTIGIOUS EVOLVING NEIGHBOURHOOD, AS YOU WILL SEE THE PRECEDENT IS SET FOR REDEVELOPMENT ON FOREST AVENUE AND SURROUNDING STREETS FOR NEW CUSTOM HOMES. THE SELLER MAKES NO REPRESENTATIONS WHATSOEVER REGARDING REDEVELOPMENT. BUYER MUST BE RESPONSIBLE FOR DUE THEIR DUE DILIGENCE WITH THE CITY OF MISSISSAUGA/ REGION OF PEEL. VERY CLOSE PROXIMITY TO PUBLIC TRANSPORTATION, PORT CREDIT GO TRAIN, CREDIT RIVER, AND LAKE ONTARIO PARKS. DON'T MISS THIS OPPORTUNITY!!! BEING SOLD BY THE ESTATE OF THE OWNER. REAR YARD ENJOYS A SOUTH EXPOSURE.
Estimate your monthly payments for this property
Estimated Payment
$5,701.68/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Mississauga
Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Mississauga
- •Convenient location in Mississauga
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
61 Forest Avenue, Mississauga
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 25+ years of GTA real estate experience
Premium Pricing
At $1172/sqft, this property is priced above the Mississauga average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 20 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Mississauga are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Mississauga. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Mississauga Market Insight
Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.