Real eState
Mississauga real estate prices surpass much of Toronto in December
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The average sale price for real estate in Mississauga exceeded prices in much of Toronto in the final month of 2019.
The Toronto Real Estate Board (TREB) released its December monthly market tracking report on Jan. 6 with Mississauga registering an average sale price of $799,593 for all types of dwellings compared to $785,494 in Toronto west and $753,468 in Toronto east.
Only Toronto’s central region outpaced Mississauga last month, registering an average sale price of $1,011,199 for all types of dwellings in December.
TREB’s Toronto central area is bordered by Dufferin Street and Allen Road to the west, Steeles Avenue to the north and Victoria Park Avenue and the Don Valley Parkway to the east.
Detached homes in Mississauga sold for an average of $1,221,652 in the final month of 2019, compared to $1,155,189 in Toronto West, $944,621 in Toronto East and $2,157,650 closer the downtown core in the central area of the city.
Toronto still outpaced its neighbour to the west in the semi-detached segment of the market, with all three areas of the city’s regions exceeding Mississauga’s December average of $772,374.
Mississauga’s condominium market registered an average $513,331, marking the third straight month the average price for an apartment-style condo exceeded $500,000. That outpaced the average of $476,795 registered in Toronto’s east end but was less than the $544,255 average seen in the city’s west end and $733,828 December average in the city’s central region.
“We certainly saw a recovery in sales activity in 2019, particularly in the second half of the year. As anticipated, many home buyers who were initially on the sidelines moved back into the market place starting in the spring,” wrote TREB president Michael Collins in his monthly market analysis.
“Buyer confidence was buoyed by a strong regional economy and declining contract mortgage rates over the course of the year,” he added.
Real eState
This $2 million Toronto home underwent a huge makeover and now looks better than ever
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Back in 2014, we featured 325 Perth Ave. as the house of the week, boasting how great of a catch it was with its open concept layout, basement apartment, and deep backyard.
Nine years later, it’s had a massive glow-up and is now better than ever.
Listed for $1,899,000, 325 Perth Ave. underwent the renovation of a lifetime back in 2021.
The living room with custom built-ins.
“The owners bought this house in 2014 against 32 other offers and for 133 per cent over asking price, and the media debated heavily at the time if it was a smart decision,” realtor Maggie Lind told blogTO.
But they really made the best of their decision and in 2020, they began a renovation to add a 16-foot addition, build a laneway suite and gut the main floor.
The primary bedroom ensuite bathroom.
But then the pandemic hit.
One of three bedrooms in the main house.
“Because of COVID the laneway house was completed first, and the owners, and their two boys (both under 6) moved into it, even though it was only 350 square feet. Each night they went back to the construction to sleep in the two bedrooms on the second floor,” added Lind.
The kitchen.
The sacrifice was worth it, though, as the renovated home is gorgeous.
The dining room.
The main floor, with an open-concept floor plan, wide plank white oak flooring, and custom built-ins, is beautiful.
The hidden powder room beside the dining room.
There’s also a cheeky hidden powder room on the main floor and the custom kitchen is sleek and modern with quartz counters.
The family room.
The 16-foot addition at the back of the house is now a cozy family room that walks to the back garden and is filled with natural light.
What was formerly the primary bedroom is now another bedroom upstairs.
Upstairs, there are three bedrooms, including a completely new primary suite.
The new primary bedroom.
It has soaring ceilings, double closets, and an ensuite bathroom with a deep soaker tub, walk-in shower, and double vanity.
The lower level unit.
The basement has a separate entrance and could be used as an income-generating space as it has a kitchen, bedroom and bathroom.
The bedroom in the basement.
And if one income-generating space wasn’t enough, there’s also the laneway house at the back of the property.
The laneway house with a garage.
The laneway home is similar in design to the main house – modern, bright, and airy.
The kitchen in the laneway house.
It’s a studio apartment with about 400 square feet of living space, as well as parking and a storage room. It also has its own laundry, making it ideal for tenants and guests alike.
The backyard with storage.
Currently, the laneway house is tenanted for $1,700 a month.
The back of the house with two decks.
This home really went from a snack to the full meal deal.




Real eState
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