5 of the most expensive homes sold include record-breaking sale in Mississauga

The most expensive homes sold last month in Mississauga includes a record-breaking sale of a well-known mansion in the city.

The real estate market has started to show signs of increased activity. The overall average property price in Mississauga saw a modest rise, up 3.2 per cent to $1,081,951 in October.

Sales activity increased across most property types, with total sales rising 27 per cent from September to 577 transactions.

The luxury home market is typically more challenging. All of the five most expensive homes, in a list compiled by real estate brokerage Zoocasa, sold for under the list price.

But the final home on this list is the most expensive home ever sold in Mississauga.

Here are five of the most expensive homes sold in October:

150 Indian Valley Trail

Photo: Re/Max Escarpment Realty Inc.

Set on a large, tree-lined lot, this six-bedroom home boasts 6,100 square feet of living space with an additional 2,600 square feet in the basement. Features include an open-concept kitchen, a stained-glass skylight, a large wooden deck and a sauna.

It is close to Port Credit.

This home sold for $4,500,000, just under the $4,899,000 list price.

1414 Wateska Blvd.

Photo: Royal LePage Real Estate Services Phinney Real Estate

Designed by Richard Kossak, this Lorne Park home has four bedrooms and six bathrooms. Home features include a spacious family room, dining room, covered rear porch with an outdoor fireplace and two additional exterior sitting areas.

There is an exercise room with padded flooring, a bedroom and a hobby room in the basement. The gardens have been professionally landscaped by Hidden Blossom.

This home sold for $4,550,000, under the $4,790,000 list price.

1495 Blythe Rd.

Photo: Royal LePage Terrequity Seymour Real Estate

This Doulton Estates, five-bedroom home has a gated entrance with a wide drive. Features include a landscaped yard with a waterfall, high ceilings, floor-to-ceiling fireplace and windows. The basement has a recreation room, a media room with theatre seating, a games room, a family room and a cedar closet.

This place sold for $5,100,000, well under the $6,000,000 list price.

1600 Jalna Ave.

This four-bedroom home is in the Whiteoaks of Jalna community in Lorne Park. Features include a large lot with mature trees, vaulted, beamed ceilings in the living room, wide-plank reclaimed elm hardwood floors and fireplaces in the living room, family room and sunroom.

This home sold for $6,700,000, well under the $7,399,000 list price.

2275 Doulton Dr.

Photo: Sam McDadi Real Estate Inc.

The final home on the list is the most expensive home ever sold in Mississauga and the highest-priced home sold in the GTA in 2024.

This 25,880-square-foot home exudes luxury with 14-carat gold details, a great room, his and her walk-in closets, a three-tier theatre room with Lamborghini leather seating, a spa, a bar that opens up to a private nightclub and an indoor in-ground pool.

It had been on and off the market for five years when Sam McDadi Real Estate Inc. sold it last month.

This home sold for $17,100,000, under the $20,000,000 list price and well-under the initial $50,000,000 asking price in 2019.