5198 Forest Ridge Dr

Mississauga | Central Erin Mills | L5M 5B3
  • 5
  • 6
  • 0

$2,999,900

Est. Mtg $10,172 /mo
  • Days on market

    95

  • Status

    New

Listing Broker SAM MCDADI REAL ESTATE INC.
Since listed: 3 views

Home details

MLS #:

W11925243

Property type:
Detached
Style:
2-Storey
Taxes:
$14,417
Possession:
Flex
Lot Front:
63.45   Feet
Lot Depth:
154.17   Feet
Basement:
Finished | Full
Driveway Pkg:
6
Heat:
Gas | Forced Air

Description


5198 Forest Ridge Dr, , Mississauga, Ontario is a Detached property in Mississauga and in the Central Erin Mills community in the L5M 5B3 postal code


*Ravine Lot* in the sought-after Credit Mills area. Spanning an impressive 4,700+ square feet, with an additional finished basement, this residence seamlessly blends grand space with comfort, all while backing onto a serene forest, enhancing its value and tranquility. Upon entering, you are greeted by an expansive layout featuring high ceilings, 4 spacious bedrooms and 4 full bathrooms complemented by 2 additional 2-piece bathrooms, including one conveniently located in the cabana by the pool. Cozy up near one of the 4 gas fireplaces throughout the home, each adding warmth and ambiance. Step outside to your own paradise, where a spectacular saltwater Solda swimming pool awaits, complete with a stunning waterfall, safety cover, and a Polaris pool cleaner. Enjoy year-round relaxation in the hot tub or unwind in the stylish cabana, which features its own 2-piece washroom and changing room. The professionally landscaped gardens, adorned with wisteria and illuminated by garden lights, create a picturesque setting for outdoor gatherings. The backyard is fully fenced for privacy and backs onto the scenic Erin Woods Park, offering walking trails and natural beauty right at your doorstep. Inside, the custom-designed kitchen features granite countertops, maple cabinets that extend to the ceiling, self-closing drawers, high-end built-in Miele dishwasher and a built in recycling bin. Oak floors flow throughout the main and upper levels (excluding the billiard room), showcasing exquisite design details such as crown moldings and smooth ceilings. The home features a second staircase leading to the potential main floor primary bedroom (current billiard room and library) which includes a 3-piece ensuite bathroom, providing the flexibility for potential rental income or an in-law suite. In-ground lawn and garden sprinkler system, operated by a Rachio smart controller, electric car charging outlet in the garage. Water filtration system with reverse osmosis drinking water system..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2025-01 2025-02 $2,999,900 $2,999,900 New W11925243
2025-02 $2,899,000 W11977609

Comparables

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sold Date Address List Price sold Price DOM
2025-02 4478 Tavistock Crt, $1,649,900 $1,600,000 23
2025-01 5300 Snowbird Crt, $2,499,000 $2,270,000 3
2024-12 5133 Forest Hill Dr, $2,998,000 $2,850,000 40
2024-11 2697 Quail's Run, $1,780,000 $1,750,000 17
2024-09 5216 Tiffany Crt, $3,299,900 $3,180,000 17
2024-07 2012 Aldermead Rd, $1,899,900 $1,858,000 75
2024-06 5350 Vail Crt, $2,575,000 $2,350,000 23
2024-06 5399 McFarren Blvd, $2,038,000 $1,905,800 19
2024-05 2778 Termini Terr, $2,099,000 $2,060,000 21
2024-05 2069 The Chase, $1,749,900 $1,720,000 7
2024-05 2166 Erin Centre Blvd, $2,998,000 $2,830,000 27
2024-04 5347 Quartermain Cres, $2,399,999 $2,330,000 4
2024-03 5233 Elmridge Dr, $3,350,000 $3,225,000 0
2024-02 5169 Forest Hill Dr, $2,499,000 $2,315,000 9
2024-02 4908 Forest Hill Dr, $2,199,000 $2,235,000 2

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 5198 Forest Ridge Dr

Based on available 3rd party data

$11508

Approximate costs per month

Mortgage
$10172 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$1201 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Electric Car Charger
  • Fenced Yard
  • Grnbelt/Conserv
  • Hospital
  • Park
  • Ravine
Listing Broker SAM MCDADI REAL ESTATE INC.
Data Source: TRREB

Payment calculator

$11373 monthly. In association with: TD Bank
%
  • Principal and Interest
    10172 /mo
  • Property Taxes
    $1201 /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

Mike Zamani, Realtor

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