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            For Sale 161 Days On Site

            2040 Stonehouse Crescent

            near Mississauga Rd/Stonehouse Cre
            $1,699,000 3+0bdr • 2ba • 1kit
            Average Income
            $154,624
            Population Age
            47 y/old
            School Score
            5.70/10
            Price Index Change 1y
            -13.35%
            Price Index Change 3y
            -4.37%
            Rent Index Change 1y
            +22.59%
            Rent Index Change 3y
            +21.23%

            Detached • Bungalow

            2040 Stonehouse Crescent, Sheridan, Mississauga
            • Rooms and Bathrooms 3+0 bedr, 2 bath
            • Kitchens 1
            • area n/a
            • area 100.00x250.00
            • area .50-1.99
            • garage 1.0 Attached
            • exposure W
            • age n/a
            • possession

              30/60Days/Tba

            $1,699,000

            $8,292.93
            Tax yr: 2019

            12 Car-Dependent

            23 Minimal Transit

            40 Somewhat Bikeable

            5.70/10

            Property Location Details
            • Peel

            • Mississauga

            • Sheridan

            • Mississauga Rd/Stonehouse Cre

            • L5H3J1

            • Lt 32 Pl 352 Toronto; Mississauga

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

            TRADE ONE REALTY INC., BROKERAGE

            Property Overview
            Attention Builders/End Users Opportunity Knocks For Potential Redevelopment! Ranch Style Bungalow On A Beautiful Spectacular Property Near Prestigious Mississauga Road. Huge Treed Lot 100 Feet X 250 Feet As Per Mpac. Don't Delay Great Potential To Build Your Dream House!
            Extras: Gas Burner & Equipment (2019); (Central Air Conditioning "As Is" Condition) Hot Water Tank Rented From Reliance $40.23/ Quarterly Plus Hst
            Rooms details
            Basement
            • Part Fin
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            • Listing added to site: 2019-08-16 00:32:18
            • Last updated: 2019-08-16 00:43:05
            • Photos updated: 2019-08-15
            • Contract date: 0000-00-00
            • Input date: 0000-00-00
            • Expiry date: 0000-00-00
            • Closed date: 0000-00-00
            • Condition expiry date: 0000-00-00
            • Extension entry date: 0000-00-00
            • 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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            More Options

            Travel Times, Streetview, Walkscore
            Listing Overview

            General:

            2040 Stonehouse Crescent is a freehold detached bungalow home, located in Sheridan of city of Mississauga, Peel region, near Mississauga Rd/Stonehouse Cre, and has been available for sale on ITRealty since 2019-08-16. This bungalow home is fronting on West side of Stonehouse Cres.

            Lot Size and Living Area:

            2040 Stonehouse Crescent has 7+0 rooms in total, including 3+0 bedroms, 2 baths and 1 kitchen. The rooms details are available on this page above.
            The lot size is measured in feet and specified as .50-1.99.
            This home has 8 total parking spaces, including 1.0 space(s) in attached garage. The basement is part fin.

            Heating and Cooling:

            This home heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

            Listing Features:


            AIDA has also identified the following features: Need personal touch/Fixer-Upper, and possible sellers motivation indicators such as Flexible Possession.

            Price & Cost Overview

            General:

            2040 Stonehouse Crescent detached is listed for $1,699,000. Home property tax for year 2019 was $8,293.

            Mortgage and Other Expenses:

            Your monthly mortgage payments will be $6,375, and total expenses, including the mortgage and property tax, approximately $7,136, assuming $1,699,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
            Use our Mortgage and Investment Calculator, customized especially for 2040 Stonehouse Crescent, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

            Buyer Cashback:

            You may be eligible for a Buyer Cashback up to $5,000 if you buy this property with ITRealty.
            Check if you qualify.

            Location Overview

            General:

            Sheridan, where 2040 Stonehouse Crescent is located, has $1,011,464 Home Price Index, and $3,403 Home Rent Index. Average household income at dissemination area of 2040 Stonehouse Crescent is $154,624, and average polulation age is 47 years old.
            Average Home Price Index among 24 evaluated neighborhoods in city of Mississauga is $827,415, and average Home Rent Index $2,592.

            Similar Properties & Community Details:

            Here are similar to 2040 Stonehouse Crescent 3 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 2040 Stonehouse Crescent.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Sheridan neighborhood in city of Mississauga.

            Schools:

            There are at least 2 school(s) located near 2040 Stonehouse Crescent, or schools, which boundaries this address belongs to with an average School Score 5.93 out of 10. Here are more details about these schools:
            1. Oakridge Public School, Public, Elementary, ranked as Average.
            2. Homelands Sr. 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 12, 23, and 40 accordingly, location of 2040 Stonehouse Crescent overall can be described as Car-Dependent, Minimal Transit, and Somewhat Bikeable.

            2040 Stonehouse Crescent Listings History Powered By AIDA
            Sheridan, 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 (60 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 2 to 3 properties like that to be sold in Sheridan during the next 30 days.
            Seasonal sales fluctuation is showing -17% inventory decline comparing to the average annual number, which is equvalent to 2.42 properties sold per month, and -14% decline comparing to the last six months.
            How soon it can be sold?
            This property has been on the market for 161 days, which is 268% longer than it takes a similar home in Sheridan to sell, which is more than as twice as long as it takes a similar home in Sheridan to sell.
            Seasonal sales fluctuation is showing 71% D.O.M. increase comparing to the average annual number, which is equvalent to 25 D.O.M., and 26% increase comparing to the last six months indicating lowering demand for this type of property within this price range.
            At what price it can be sold?
            Similar properties currently sell at 5.23% below its asking price in Sheridan.
            The selling to asking price ratio is declining in Sheridan.
            Considering the fact that this property has already been on the market for 161 days, which is -268% longer than average number of days it takes a home to sell in Sheridan (43.7), this property may not sell above the asking price.
            2040 Stonehouse Crescent Investor's Outlook Powered by AIDA

            Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Sheridan, 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 -13.35% comparig to the City of Mississauga average of +1.875%

            Price Index 3y

            Price Index change was -4.37% comparig to the City of Mississauga average of +27.495%

            Rent Index 1y

            Rent Index change was +22.59% comparig to the City of Mississauga average of +11.62%

            Rent Index 3y

            Rent Index change was -4.37% comparig to the City of Mississauga average of +27.495%

            Walkscore

            Walkscore 12 out of 100 means Car-Dependent

            Transitscore

            Transitscore 23 out of 100 means Minimal Transit

            Bikescore

            No sufficient data available

            Schoolscore

            Schoolscore is 5.93 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)

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            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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            New
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