‘Unsafe to display’ home in Mississauga sells for over $1 million

A boarded-up Mississauga home that was judged “unsafe to display” potential buyers just sold for over $1 million.

The house, which is located at 4200 Perivale Road in Mississauga’s Creditview neighbourhood, went on the market in late October for $899,000. It sold four days later for $955,000, which was $56,000 more than the asking price.

The purchasers paid roughly $1 million for a three-bedroom, two-bathroom home that they couldn’t see inside owing to the property’s existing status.

According to the listing, going inside was dangerous, therefore showings were only done from the outside. According to the ad, all of the property’s utilities have been turned off. The Mississauga home appears to be mostly boarded up, with wood panels nailed over the garage and front door, according to the listing images. Large heaps of newspapers, takeout containers, old food wrappings, cardboard boxes, and some clothing items are among the goods piled several feet high within each room of the residence depicted on the listing.

Ceilings and walls have also been damaged, with evident water damage and what appears to be mould. The ceiling drywall and insulation in one room has collapsed.

Because of the home’s current state, it’s more probable that the buyers saw it as a teardown opportunity and will want to demolish it and start over rather than try to restore it to living condition.

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