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Lorne Park, Mississauga
$3,349,800
Welcome to this distinguished Lorne Park home situated on a prestigious cul-de-sac. Lorne Park is often referred to as "Muskoka" in the city. This truly one of a kind family home with its traditional layout offers nearly 7,000 square feet of total living space on a private, pie-shaped lot, complete with an in-ground saltwater pool surrounded by ample decking and green space for relaxing and for entertaining. The elegance of this home is evident from its reclaimed brick exterior, colonial-style windows, detailed millwork and impressive front entry door. A rare three-car garage with ample storage space completes the exterior appeal of this unique home. The main floor offers large principal rooms, including formal dining and living rooms, large family room, cozy den, family-sized kitchen, main-floor laundry room. A convenient second front entry door provides access to the first floor. Entry is also provided by door leading directly from the garage. The well-designed second level accommodates the modern family with four generously sized bedrooms, three full bathrooms, a lounge area off the primary bedroom, and spacious walk-in closets. Families will appreciate the third-floor loft, offering multiple possibilities for enjoyment when hosting large gatherings. The fully finished lower level features a two-sided fireplace, a three-piece bath, a spacious bedroom, and a large recreation room that houses a gym, children's play area and TV/games area. Large windows and walkouts to the backyard make the lower level an ideal space for families who want additional space for parents, in-laws or nanny. A unique spiral staircase connects all four levels.This is a rare opportunity to live on a quiet, child safe court within walking distance of top-rated neighbourhood schools or a short commute to private schools. Walkability includes Lorne Park Library, Lorne Park Plaza and Nine Creeks trail. This exceptional home is within a short drive to Credit Valley and Trillium hospitals.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 3500-5000 sq. ft. |
| Property Tax | $25,847 |
| Lot Size | 52.16 ft x 144.8 ft |
| mls© Number | W13132846 |
| Listed By | SOTHEBY'S INTERNATIONAL REALTY CANADA |
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%
- $17,146
- Property tax
- $2,154
- Heat allowance
- $150
- Housing costs
- $19,450 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$598,000
gross annual household income
- Payment at 4%
- $14,096 / mo
- Cash down
- $669,960
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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