2625 Hammond Rd

Mississauga | Sheridan | L5K 1T3
  • 4 + 2
  • 6
  • 0

$6,888,000

Est. Mtg $23,356 /mo
  • Days on market

    100

  • Status

    New

Listing Broker SAM MCDADI REAL ESTATE INC.
Since listed: 1 views

Home details

MLS #:

W8466802

Property type:
Detached
Style:
2-Storey
Taxes:
$17,693
Possession:
60/90/Tba
Lot Front:
314.55   Feet
Lot Depth:
145.78   Feet
Basement:
Finished | Full
Driveway Pkg:
14
Heat:
Gas | Forced Air

Description


2625 Hammond Rd, , Mississauga, Ontario is a Detached property in Mississauga and in the Sheridan community in the L5K 1T3 postal code


Discover this rare investment opportunity nestled in the prestigious Sherwood Forest, blending historic charm with significant development potential! Upon arriving, you're met with an exquisite Victorian-styled residence situated on a sprawling 2.1-acre lot with over 4,000 square feet of meticulously designed living spaces embedded with 4+2 bedrooms and 6 bathrooms. Steeped in history, the restored interior showcases a refined design elevated with engineered hardwood floors, soaring coffered ceilings, pot lights, several fireplaces, and an array of natural light. With entertainment in mind, the prodigious principal rooms intricately combine to allow for a seamless transition, where access to the porch and picturesque backyard is granted from both the chef-inspired kitchen and the family room. Embracing multi-generational living, this residence delivers both privacy and comfort, with each bedroom above offering its own ensuites while the basement provides a self-contained 2-bedroom apartment. Outside, you will find a coach house equipped with 1 bed, a 2 piece bath and a kitchen, serving as a private and separate additional living space. In addition to its existing grandeur, this property also presents the possibility of severing the land into 3 individual lots that can be used to build 3 single-dwelling homes or fourplexes on each lot. The current structure can also be converted into 4 individual units. Rare opportunity with different build options makes this a sound investment for developers and large families looking for separate living spaces alike..

Extras

Conveniently close to a plethora of amenities, including a quick commute to The Mississauga Golf and Country Club, Sherwood Forrest Tennis Club, park/trails, restaurants and more!.


History

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List Date End Date List Price End Price Status MLS #
2024-06 2024-09 $6,888,000 $6,888,000 New W8466802

Comparables

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sold Date Address List Price sold Price DOM
2024-09 2503 Renzoni Rd, $1,625,000 $1,615,000 23
2024-09 2576 King Forrest Dr, $1,559,000 $1,520,000 20
2024-08 2480 MISSISSAUGA Rd, $3,750,000 $3,705,000 76
2024-08 2792 Hammond Rd, $1,419,900 $1,420,000 25
2024-08 2516 Merrington Cres, $1,220,000 $1,210,000 9
2024-08 2227 Belfast Cres, $999,900 $1,100,000 9
2024-07 1887 Sherwood Forrest Circ, $1,849,000 $1,775,000 19
2024-07 2510 Hornsgate Dr, $1,159,000 $1,057,000 40
2024-06 2328 Pyramid Cres, $1,475,000 $1,450,000 37
2024-06 1828 Sherwood Forrest Circ, $1,598,800 $1,585,000 19
2024-06 2134 Jenner Crt, $1,599,900 $1,580,000 5
2024-06 1590 Tipperary Crt, $1,949,000 $1,930,000 15
2024-06 2154 Abbotswood Crt, $3,368,000 $3,368,000 8
2024-06 1094 Geran Cres, $2,875,000 $2,700,000 9
2024-05 2624 Comet Crt, $1,488,000 $1,434,786 32

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

Mississauga :

Properties sold

253

Average sale price

$1,602,425

New Listings

505

Year on Year Growth

-3.61%

Municipality activity All Property Types

Sale activity

Mississauga :

Average sale price

$1,112,531

Properties sold

679

New Listings

1,422

Days on Market

13

Sale $ / List $

102%

Year on Year Growth

-4.25%


Sale Chart - Detached

Mississauga Average Price (2 Years):

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Sale Chart - Detached

TRREB Total Average Price (2 Years):

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Estimated running costs for 2625 Hammond Rd

Based on available 3rd party data

$24965

Approximate costs per month

Mortgage
$23356 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$1474 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Fenced Yard
  • Golf
  • Grnbelt/Conserv
  • Park
  • School
  • Wooded/Treed
Listing Broker SAM MCDADI REAL ESTATE INC.
Data Source: TRREB

Payment calculator

$24830 monthly. In association with: TD Bank
%
  • Principal and Interest
    23356 /mo
  • Property Taxes
    $1474 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Gunpreet Kochar, Realtor

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