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            For Sale 120 Days On Site

            1964 Lapad Court

            near Mississauga Rd/Burnhamthorpe
            $2,395,000 4+1bdr • 5ba • 1+1kit • 3500-5000sf
            Average Income
            $129,152
            Population Age
            42 y/old
            School Score
            6.40/10
            Price Index Change 1y
            +0.04%
            Price Index Change 3y
            +8.00%
            Rent Index Change 1y
            +2.06%
            Rent Index Change 3y
            +26.05%

            Detached • 2-Storey

            1964 Lapad Court, Erin Mills, Mississauga
            • Rooms and Bathrooms 4+1 bedr, 5 bath
            • Kitchens 1+1
            • area 3500-5000
            • area 59.32x166.88
            • garage 2.0 Attached
            • exposure W
            • age n/a
            • possession

              Tba

            $2,395,000

            $13,267.00
            Tax yr: 2019

            16 Car-Dependent

            48 Some Transit

            26 Somewhat Bikeable

            6.40/10

            Property Location Details
            • Peel

            • Mississauga

            • Erin Mills

            • Mississauga Rd/Burnhamthorpe

            • L5L5R1

            • Pcl 7-1, Sec 43M847 ; Lt 7, Pl 43M847 ,

            Listing Details Provided By
            Property Details Provided By Toronto Real Estate Board
            Listing Brokerage

            KELLER WILLIAMS REALTY SOLUTIONS, BROKERAGE

            Property Overview
            Over 5000 Sf. Of Luxury Living Space. Custom Built Gem Backing Onto Mullet Creek And Wahoosh Falls Creates Muskoka Like Setting Off Mississauga Rd. One Of A Kind 29' Vaulted Ceiling Family Room Features Floor To Top Panoramic Windows. Functional Gourmet Center, Cherry Wood Cabinetry, Granite Counter Tops, Center Island. Heated Floors Throughout. Custom Skylight Dome.Cozy Master Retreat With F/P And 13' Cathedral Ceiling. Finishd Basmnt With Oak Dual Staircase
            Extras: 2 A/C Units, Owned Tankless Water Heater, Alarm/Camera System, Underground Sprinkler System, Walk To Utm, Close To Erindale Park/Culham Trail, Riverwood Conservancy, Ymca, Sq1, Cv Hospital, Hwys. 403, Qew, 407, Clarkson & Erindale Go Train
            Video tour available. Click to watch.
            Rooms details
            Living
            • Ground Level
            • Formal Rm
            • Hardwood Floor
            • Crown Moulding
            • Size 4.15x3.33
            Dining
            • Ground Level
            • Open Concept
            • Hardwood Floor
            • Pot Lights
            • Size 4.31x3.33
            Family
            • Ground Level
            • W/O To Terrace
            • Cathedral Ceiling
            • Window Flr To Ceil
            • Size 5.70x5.00
            Kitchen
            • Ground Level
            • Centre Island
            • Granite Counter
            • Open Concept
            • Size 5.00x3.02
            Breakfast
            • Ground Level
            • O/Looks Ravine
            • Hardwood Floor
            • Vaulted Ceiling
            • Size 5.18x3.02
            Master
            • 2nd Level
            • 5 Pc Ensuite
            • Vaulted Ceiling
            • Juliette Balcony
            • Size 6.38x5.54
            2nd Br
            • 2nd Level
            • 3 Pc Ensuite
            • Hardwood Floor
            • W/O To Balcony
            • Size 5.54x3.51
            3rd Br
            • 3rd Level
            • Semi Ensuite
            • Hardwood Floor
            • W/O To Balcony
            • Size 4.60x3.33
            4th Br
            • 2nd Level
            • Double Closet
            • Hardwood Floor
            • Juliette Balcony
            • Size 5.30x3.33
            Great Rm
            • Bsmt Level
            • Open Concept
            • Hardwood Floor
            • W/O To Patio
            • Size 8.40x3.68
            5th Br
            • Bsmt Level
            • His/Hers Closets
            • Crown Moulding
            • W/O To Patio
            • Size 5.03x4.27
            Kitchen
            • Bsmt Level
            • Open Concept
            • Centre Island
            • Granite Counter
            • Size 7.50x3.20
            Basement
            • Fin W/O
            • Sep Entrance
            • Listing added to site: 2019-08-16 00:30:18
            • Last updated: 2019-12-01 00:23:28
            • Photos updated: 2019-08-15
            • Contract date: 2019-08-15
            • Input date: 2019-08-15
            • Expiry date: 2019-12-15
            • Closed date: 0000-00-00
            • Condition expiry date: 0000-00-00
            • Extension entry date: 2019-11-30
            • Sold date: 0000-00-00
            • Suspended date: 0000-00-00
            • Terminated date: 0000-00-00
            • Unavailable date: 0000-00-00
            • Condition:
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            Travel Times, Streetview, Walkscore
            Listing Overview

            General:

            1964 Lapad Court is a freehold detached 2-storey home, located in Erin Mills of city of Mississauga, Peel region, near Mississauga Rd/Burnhamthorpe, and has been available for sale on ITRealty since 2019-08-16. This 2-storey home is fronting on West side of Lapad Crt.

            Lot Size and Living Area:

            1964 Lapad Court has 9+3 rooms in total, including 4+1 bedroms, 5 baths and 1+1kitchens. The rooms details are available on this page above.
            The lot size is measured in feet and is 59.32 feet wide, and 166.88 feet deep. This home has approximately 3500-5000 square feet above the ground level plus fin w/o basement.
            This home has 12 total parking spaces, including 2.0 space(s) in attached garage. Laundry is located on upper level. Basement features: fin w/o and sep entrance.

            Heating and Cooling:

            This home heat source is Other, the heat type is Radiant and air-conditioning is Central Air.

            Listing Features:


            AIDA has also identified the following features: Income Potential, Separate Entrance, Finished Basement, and possible sellers motivation indicators such as Flexible Possession.

            Price & Cost Overview

            General:

            1964 Lapad Court detached is listed for $2,395,000. Home property tax for year 2019 was $13,267.

            Comparative Market Analysis:

            There are similar 4 bedr detached homes recently sold nearby for an average Time Adjusted Selling Price of $2,345,365.
            Visit a customized Comparative Market Analysis page for more details.

            Mortgage and Other Expenses:

            Your monthly mortgage payments will be $8,987, and total expenses, including the mortgage and property tax, approximately $10,093, assuming $2,395,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
            Use our Mortgage and Investment Calculator, customized especially for 1964 Lapad Court, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

            Buyer Cashback:

            You may be eligible for a Buyer Cashback up to $15,000 if you buy this property with ITRealty.
            Check if you qualify.

            Location Overview

            General:

            Erin Mills, where 1964 Lapad Court is located, has $814,455 Home Price Index, and $2,623 Home Rent Index. Average household income at dissemination area of 1964 Lapad Court is $129,152, and average polulation age is 42 years old.
            Average Home Price Index among 24 evaluated neighborhoods in city of Mississauga is $824,809, and average Home Rent Index $2,587.

            Similar Properties & Community Details:

            Here are similar to 1964 Lapad Court 4 bedr detached homes listed For Sale and For Rent in city of Mississauga.
            Learn about the prices of Recently Sold Homes and Recently Rented Homes near 1964 Lapad Court.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Erin Mills neighborhood in city of Mississauga.

            Schools:

            There are at least 1 school(s) located near 1964 Lapad Court, or schools, which boundaries this address belongs to with an average School Score 6.17 out of 10. Here are more details about these schools:
            1. Sawmill Valley Public School, Public, Elementary, ranked as Good.
            ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 16, 48, and 26 accordingly, location of 1964 Lapad Court overall can be described as Car-Dependent, Some Transit, and Somewhat Bikeable.

            1964 Lapad Court Listings History Powered By AIDA
            Mississauga Sales & Rent History Powered by AIDA
            Disclaimer

            All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

            City of Mississauga Homes MOI (Months of Inventory)
            Last month sales statistics:
            It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (43 days).
            Sellers are not likely to negotiate the price, but it is easier to sell your own property.
            Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
            How often similar homes sell?
            You may expect 12 to 15 properties like that to be sold in Erin Mills during the next 30 days.
            Seasonal sales fluctuation is showing 3% inventory increase comparing to the average annual number, which is equvalent to 12.92 properties sold per month, and -9% decline comparing to the last six months.
            How soon it can be sold?
            This property has been on the market for 120 days, which is 216% longer than it takes a similar home in Erin Mills to sell, which is more than as twice as long as it takes a similar home in Erin Mills to sell.
            Seasonal sales fluctuation is showing 1% D.O.M. increase comparing to the average annual number, which is equvalent to 37 D.O.M., and -6% decrease comparing to the last six months indicating slightly growing demand for this type of properties within this price range.
            At what price it can be sold?
            Similar properties currently sell at 4.59% below its asking price in Erin Mills.
            The selling to asking price ratio is growing in Erin Mills.
            Considering the fact that this property has already been on the market for 120 days, which is -216% longer than average number of days it takes a home to sell in Erin Mills (38), this property may not sell above the asking price.
            Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS W4548274 Comparative Market Analysis
            1964 Lapad Court Investor's Outlook Powered by AIDA

            Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Erin Mills, Mississauga, to the City of Mississauga for the projects listed on our site.

            Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

            Price Index 1y

            Price Index change was +0.04% comparig to the City of Mississauga average of +1.96%

            Price Index 3y

            Price Index change was +8.00% comparig to the City of Mississauga average of +26.9%

            Rent Index 1y

            Rent Index change was +2.06% comparig to the City of Mississauga average of +11.63%

            Rent Index 3y

            Rent Index change was +8.00% comparig to the City of Mississauga average of +26.9%

            Walkscore

            Walkscore 16 out of 100 means Car-Dependent

            Transitscore

            Transitscore 48 out of 100 means Some Transit

            Bikescore

            No sufficient data available

            Schoolscore

            Schoolscore is 6.17 out of maximum 10 points

            Mortgage & Payments

            Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

            Mortgage & Payments Calculator
            Property Financing Details
            Land Transfer Tax & Closing Expenses
            Downpayment Details
            Use in monthly payment calculation:
            Mortgage & Financing Details

            Assuming Fixed Rate, Monthly Payments

            (Mortg interest rate. Ex: 3.0)

            (Mortgage duration Ex: 25)

            (Borrowing rate Ex: 3.5)

            Save mortgage settings to your profile for automated mortgage calculation on all listings. Account login required.

            Mortgage & Payments Summary

            Schools and Ratings

            ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

            Demographics & Housing Statistics

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