Most expensive homes sold for under the list price in Mississauga

The most expensive homes sold in Mississauga last month all went for under the list price.

While experts are predicting a rebound in the real estate market in 2025, this fall has been sluggish. Home prices and sales have declined across Canada. In November, the average price of all home types dropped by 8.07 per cent to $994,634 in Mississauga.

The Bank of Canada interest rate cuts may help next year but many people are struggling with affordability. There have been several examples of homes selling for a loss this year in Ontario. Most recently a home in Oakville sold at a $550,000 loss.

Homes are typically selling for under the asking price, and all the properties on the most expensive sold list from real estate brokerage Zoocasa, sold below the list price in November.

Here is Zoocasa’s list of the most expensive homes sold in Mississauga in November:

1247 Queen Victoria Ave.

Photo: Re/Max Realty Specialists Inc.

This four-bedroom, Kingsway-style home in Lorne Park is near Port Credit, Clarkson Village, Mississauga Golf and Country Club and major highways.

Set on a ravine lot, the Tudor-style home offers lush greenery just beyond the property line. Features include a circular driveway, mature trees, flagstone patios, English gardens, a wood-burning stone fireplace and hardwood floors.

This home sold for $2,600,000, just under the $2,700,000 list price.

3041 Golden Orchard Dr.

Photo: Royal LePage Porritt Real Estate

A four-bedroom home in Applewood, this place sits on a double-wide lot. It is a custom-built home with over 6,000 square feet of finished living space.

Features include a circular drive, parking pad, main floor family room, three fireplaces, a fully finished basement with a recreation room, wet bar and gym.

This home sold for $2,700,000, just under the $2,750,000 list price.

1189 Sienna St.

Photo: Real Broker Ontario Ltd.

Another Lorne Park property, this four-bedroom home is in the Watercolours neighbourhood. It boasts 3,800 square feet of living space with coffered ceilings and wainscoting.

Features include a newly renovated kitchen with top-tier appliances, a large primary bedroom with double vanities and a deep soaking tub.

This home sold for $2,780,000, under the $2,988,000 list price.

621 Cranleigh Court

Photo: Keller Williams Real Estate Associates

Also in Lorne Park’s Watercolours community, this five-bedroom home has over 6,400 square feet of living space on a quiet court. It sits on a pie-shaped lot with an in-ground pool, custom cabana and multiple pergolas in the backyard.

Features include an open-concept main floor combining the family room, eat-in area and kitchen, a huge dining room and formal living room. The fully finished basement has a bar area, games/billiards space, a sixth bedroom and storage.

This home sold for $2,893,000, under the $2,998,000 list price.

1714 The Pines

Photo: Royal LePage Real Estate Services Ltd.

The most expensive home on this list also sold for under $3 million. This four-bedroom home is in Lorne Park’s White Oaks of Jalna neighbourhood.

Features include an open-concept main floor, a separate main floor office, nine-foot ceilings, oak hardwood floors and a large basement.

This home sold for $2,920,000, under the $3,100,000 list price.

For more information on these homes, see the Zoocasa website here.