Here are the top 5 most luxurious neighbourhoods in Mississauga, based on
the prices specific homes sold for.
5) Port Credit
Port Credit just edged out Erin Mills for the final spot in the luxury home
market in 2016. Both had six homes that sold above the two million dollar
mark but Port Credit edged out Erin Mills in dollar volume at $13,795,000
above the $13,315,000 in Erin Mills. That being said, Erin Mills had their
most expensive property sell for $2,585,000 versus the $2,545,000 that was
shelled out for the most expensive home in Port Credit.
4) Sheridan
Sheridan, including Sherwood Forest, actually tied for the total number of
home sales at about 13. The total dollar volume was about 5 million less
,coming in at $39,641,000. The most expensive home sold in Sheridan went
for $4,401,000.
3) Clarkson
Clarkson was third in luxury home sales last year. There were roughly 13
homes sold with a total volume of $44,792,000 in homes above the $2,000,000
price tag. The most expensive home in Clarkson sold for $4,650,000.
Clarkson is very close in proximity to Lorne Park and in many cases is in
the same school district. Unless you’re looking at a map, some people
aren’t aware of the border between the two.
2) Mineola
Mineola came in as the second most expensive place to live in Mississauga
last year. However, it wasn’t even close to Lorne Park with the total
number of sales at about 28, and a total dollar volume of $74,850,000
dollars. The most expensive home in Mineloa sold last year for $5,450,000!
While those numbers are high, it’s important to note the majority of sales
were between $2,006,000-$2,800,000.
1) Lorne Park
Lorne Park was the most expensive place to live in Mississauga in 2016.
During the year, there were about 45 homes sold for over $2,000,000.
Interesting enough, the most expensive home in all of Mississauga sold in
Lorne Park for $6,300,000
When preparing your home for sale, you need to fix things up, declutter, perhaps slap a fresh coat of paint on a few walls. That’s all part of getting your property ready for buyers.
But there’s another type of preparation that you also need to do. And, the sooner you do it, the less stressful your move will be.
You need to get all your paperwork together.
Here’s what to gather:
- Property documents such as deeds, easements, surveys, liens, etc.
- Mortgage documents, plus any other loans (i.e., line of credit) that use the property as collateral.
- Maintenance and service agreements that may continue with the new owners.
- Warranties and guarantees that are transferrable to the new owners.
- Recent utility bills, such as water, electricity, etc.
- Rentals (i.e., water heater rental.)
- Home security agreements and codes.
- Contracts for any work done on an ongoing basis. For example,
lawn maintenance.
Getting these records together early will ensure you’re not scrambling at the last minute to find them. Some of these documents, such as warranties, also make for attractive selling features.