Thu. Sep 21st, 2023
    Modest Bungalow in Mississauga’s Gordon Woods Area Sells for $3.1 Million

    In the Gordon Woods area of Mississauga, a two-bedroom bungalow on a large lot was recently sold for $3.1 million. The home had initially been listed for $3,299,990 and spent 24 days on the market before a buyer came forward with an offer. The buyer had originally made a lower offer, which was rejected by the sellers. However, after seeing the property in person, the buyer recognized its value and increased their offer.

    According to real estate agent Robin Pope, the property’s uniqueness and beauty played a role in the buyer’s decision to revise their offer. Pope stated, “…this was also a unique and really beautiful property… properties need to be seen by a buyer to understand the full value”. This highlights the importance of physical viewing in determining the true worth of a property.

    The bungalow, which was originally built in the 1950s, underwent extensive renovations and expansion in 2014. It now offers 3,542 square feet of living space, including two guest bedrooms, a family room, and a recreational area with access to a south-facing patio and hot tub. The interior boasts luxurious finishes, such as marble-clad bathrooms and a kitchen featuring quartz countertops, custom millwork, and stainless steel appliances. The living room showcases vaulted ceilings, a fireplace, and French doors that open to a private front deck.

    One of the standout features of the property is its location on a cul-de-sac where the homes back onto conservation land. This creates a serene and secluded atmosphere that feels more like being in the countryside than in suburban Mississauga. The seller, who had a background in construction, ensured the quality of the house, including its windows, doors, and roof.

    Overall, the sale of this modest bungalow demonstrates the importance of viewing a property in person to fully appreciate its value. In a slowing market, this unique and beautifully upgraded home stood out and sold for $3.1 million.

    – Pope Real Estate Ltd.