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Listed 3 months ago

1268 Cermel Drive W

Lorne Park, Mississauga

$1,875,000

Detached|2-Storey
4 | 4 | 6
About this home

Welcome to 1268 Cermel Drive, an exceptional residence nestled at the end of a secluded cul-de-sac in the prestigious Lorne Park neighbourhood. This rare and private setting offers the unique privilege of being the last home on the street, surrounded by mature trees and lush landscaping on a generously sized 70+ foot frontage lot. Expertly reimagined with a discerning eye, this 4+1 bedroom, 4 bathroom home has been meticulously renovated from top to bottom, showcasing an elevated standard of craftsmanship and design. Step into expansive, light-filled principal rooms adorned with refined finishes, elegant millwork, and premium materials throughout. At the heart of the home lies a bespoke chefs kitchen, complete with high-end appliances, a custom eat-in dining area, and direct walk-out to a private deck perfect for al fresco entertaining. Each bathroom has been transformed into a spa-like retreat, offering serenity and sophistication in equal measure. The primary suite is a true sanctuary, featuring a luxurious spa-inspired ensuite and a custom walk-in closet designed with both function and elegance in mind. The finished lower level offers a spacious and stylish extension of the home, featuring a custom bar with seating, a wine cellar, and a private bedroom with full bath ideal for guests or nanny quarters. A walk-out to the backyard and space for a dining area also make it well-suited for multi-generational living. Step outside to a picturesque and private backyard oasis, where mature landscaping, curated gardens, and soaring trees create a tranquil, retreat-like setting. The natural canopy provides exceptional privacy and a sense of being tucked away in the countryside offering a rare escape within the city. Located within the top-ranked Lorne Park school district and just minutes to the lake, parks, trails, shops, and restaurants, this home offers the perfect blend of tranquility and convenience with quick access to the QEW and GO for easy commuting.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$11,000
Lot Size70.32 ft x 117 ft
mls© NumberW13060530
Listed ByHARVEY KALLES REAL ESTATE LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$9,597
Property tax
$917
Heat allowance
$150
Housing costs
$10,664 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $375,000
25-yr amortization

Income needed

$328,000

gross annual household income

Payment at 4%
$7,890 / mo
Cash down
$375,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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