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New4 hours ago

836 Burns Avenue

Lorne Park, Mississauga

$9,999,850

Detached|2-Storey
5 | 10 | 15
About this home

Situated Within The Exclusive Lorne Park Estates Community, 836 Burns Avenue Presents An Extraordinary Opportunity To Own A Generational Waterfront Estate Offering Approx. 10,061 SqFt Of Exquisite Living Space Including A1,292 Sq Ft Loft. Featuring 5+1 Bedrooms, 9+1 Baths & 1+1 Kitchens, This Custom-Built Residence Is Set Amidst Hundreds Of Mature Trees, With Panoramic Lake Ontario Views And Direct Access To The Community's Private Beach. A Grand 28-Ft Foyer, Dramatic 20-Ft Dining Room, Soaring Ceilings, Custom Millwork & Expansive Windows Define The Home's Exceptional Architecture. The Chef-Inspired Kitchen Features Custom Cabinetry, Quartz Counters, Premium Appliances, Double Islands & A Striking Stone F/P, Opening To An Inviting Family Room & Spectacular Four-Season Lakeside Solarium With Heated Floors & Gas F/P. The Upper Level Offers 5 Generously Appointed Bedrooms, Including 2 Exceptional Primary Retreats, One Featuring A Private Sitting Area, Vaulted Ceilings, Gas F/P, Luxurious 5-Pc Ensuite, Custom Dressing Room & Covered Balcony Overlooking The Lake. A Versatile Finished Loft, Additional Private Bedroom Suite Above The Garage & Dedicated Backyard Office Provide Exceptional Flexibility For Extended Family, Guests Or Work-From-Home Living. The Professionally Finished Walkout Lower Level Features A Rec Room, Games Area, Full Secondary Kitchen, Temperature-Controlled Wine Cellar, Exercise Room, Sixth Bedroom & Steam Shower. Resort-Inspired Grounds Showcase A Covered Heated Saltwater Pool, Renovated Cabana, Outdoor Bathroom, Granite Fountain, Flagstone Patios & Beautifully Landscaped Gardens. Additional Features Include A 3-Car Garage & Parking For 12 Vehicles. Enjoy Exclusive Lorne Park Estates Amenities Including A Private Beach, Waterfront Promenade, Tennis Courts, Skating Rink, Parks, Walking Trails & Children's Playground. A Truly Rare Offering Combining Exceptional Privacy, Refined Luxury & An Unparalleled Lakefront Lifestyle.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size5000 + sq. ft.
Property Tax$49,391
Lot Size100.15 ft x 150.23 ft
mls© NumberW14164326
Listed ByRE/MAX REALTY ENTERPRISES INC.

Listing History

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

Schools

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What the bank counts

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

Mortgage, tested at 6%
$51,184
Property tax
$4,116
Heat allowance
$150
Housing costs
$55,450 / mo

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

Down payment20% · $1,999,970
25-yr amortization

Income needed

$1,706,000

gross annual household income

Payment at 4%
$42,081 / mo
Cash down
$1,999,970

Assumes no other monthly debts · 25-yr amortization

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Investment Analysis

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