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New4 hours ago

1569 Wembury Road

Lorne Park, Mississauga

$2,999,999

Detached|2-Storey
4 | 5 | 6
About this home

Nestled in the heart of Lorne Park, minutes to the lakefront, shops, restaurants and excellent schools is 1569 Wembury Road. This home offers the perfect blend of luxury, functionality, & convenience. With approx 5000 sq ft of total living space, stunning wide plank hardwood throughout and soaring 9' ceilings, this custom-designed home boasts an open concept layout on the main floor. It features a spacious combined dining & living area, sophisticated office with built-ins, & a great room perfect for family gatherings w/ gas fireplace and walk-out to the back deck. The kitchen is a chef's dream and ideal for entertaining, complete w/ high-end appliances, large centre island & ample storage. Mudroom w/ garage access provides a convenient space for additional storage. On the upper level, you'll find the primary suite with spa-like 5 piece ensuite and showstopping walk-in closet with custom cabinetry. Three additional generously sized bedrooms, with large closets and access to ensuite washrooms. The lower level offers even more space for relaxation & entertainment, w/ a well-appointed rec room w/ fireplace, second kitchen, additional bedroom, laundry room & several storage areas. Perfect for multi-generational living or a nanny suite. Step outside into the backyard oasis, where you'll find a large deck and covered patio perfect for outdoor dining & entertaining. Tons of privacy with mature gardens and hedges surrounding the property and low maintenance w/ the irrigation system. Located just minutes away from the airport, GO train, & major highways for unparalleled convenience.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$19,519
Lot Size80 ft x 135 ft
mls© NumberW13634384
Listed ByROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE

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%
$15,355
Property tax
$1,627
Heat allowance
$150
Housing costs
$17,132 / mo

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

Down payment20% · $600,000
25-yr amortization

Income needed

$527,000

gross annual household income

Payment at 4%
$12,624 / mo
Cash down
$600,000

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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