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Listed 3 months ago

1379 Meadow Green Court

Lorne Park, Mississauga

$3,349,800

Detached|2-Storey
4 | 5 | 7
About this home

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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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$25,847
Lot Size52.16 ft x 144.8 ft
mls© NumberW13132846
Listed BySOTHEBY'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.

Down payment20% · $669,960
25-yr amortization

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 check

Investment Analysis

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

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