1199 LORNE PARK Road, Mississauga, ON

$1,729,000
MLS#:W10404217
3 beds
3 baths
2750-2999 sqft
2.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Lorne Park. Expertly crafted featuring premium stone and brick construction, this residence presents an exceptional opportunity offered at $1,729,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 2750-2999 sqft
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other, On Demand Water Heater, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Step into this gorgeous +4,000 sq. ft. executive townhome in the heart of desirable Lorne Park. This rarely available home is situated in a private enclave shared with only eight other townhomes. So many features to share, including hardwood floors, smooth ceilings, crown moulding, pot lights, adjustable skylights (rare) and custom lighting fixtures. The executive chef kitchen is elegantly designed with a large footprint providing convenience, enjoyment and ease when entertaining. Features include granite counters, top of the line stainless steel appliances, breakfast bar section, plenty of storage, custom lighting fixtures and large island. The grand and bright staircase features wide landing and +20’ ceilings with adjustable skylights allowing plenty of natural light to flow into the home. There is a beautifully appointed private den/office on the main floor. The bedrooms are exceptionally large and spacious featuring large windows providing plenty of light, walk-in closets, storage and resort-inspired ensuite bathrooms. Accessible through double doors in the dining or living room areas is a spacious terrace where new owners will enjoy relaxing and entertaining. This space is designed with attractive, long lasting, maintenance-free materials and glass panels, providing tranquil private greenspace views.

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Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
2750-2999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateNovember 27, 2024
Sold price information is available to members only
Listed Date9/27/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style2-Storey
ConstructionStone, Brick
BasementFinished, Full
CountyPeel
Annual Tax$10,526.74
Legal DescriptionUNIT 6, LEVEL 1, PEEL STANDARD CONDOMINIUM PLAN NO. 932 AND ITS APPURTENANT INTEREST SUBJECT TO EASEMENTS AS SET OUT IN SCHEDULE A AS IN PR2204922 CITY OF MISSISSAUGA

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf

Interior Features

Other, On Demand Water Heater, Water Heater Owned, Central Vacuum

Security Features

Alarm System, Smoke Detector

Community Features

Location

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1199 LORNE PARK Road, Mississauga, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1199 LORNE PARK Road 7, Mississauga, ON L5H 3A7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Mississauga.

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Interest Rate5.25%
Down Payment$345,800 (20.0%)
* Minimum Canadian down payment required for this price is $345,800.
Amortization Period25 Years
Estimated Monthly Payment$8,243Based on a loan of $1,383,200 over 25 years.
Purchase Price$1,729,000
Loan Amount$1,383,200
Provincial Land Transfer Tax:$31,055
Total Estimated Closing Taxes:$31,055

About Purchasing a Home in Mississauga, ON

For a property listed at $1,729,000 in Mississauga, the legal minimum down payment is $345,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $31,055 for this transaction. As this listing is in Mississauga (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $31,055.

Nearby Listings

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No current listings found in Mississauga.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Lorne Park, Mississauga.

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$2,493,758

People & Families

Age Distribution

Household Composition

One-person households
22%
Families with children
48%
Couples without children
24%
Other households
6%

Top Ethnic Origins

Indian20%
Chinese10%
Canadian9%
English8%

Local Schools Guide

Elementary Schools

Tecumseh
Public1480 Chriseden Drive, Lorne Park, Mississauga, Ontario, L5H 1V4
6.8
St Luke
Public1280 Cobalt Street, Lorne Park, Mississauga, Ontario, L5H 4L8
7.4
St Christopher
Public1195 Clarkson Road North, Clarkson, Mississauga, Ontario, L5J 2W1
7.4
St Jerome
Public790 Paisley Boulevard West, Cooksville, Mississauga, Ontario, L5C 3P5
5.6
Hawthorn
Public2473 Rosemary Drive, Erindale, Mississauga, Ontario, L5C 1X1
7.1

Secondary Schools

Lorne Park SS
PublicLorne Park, Mississauga, Ontario
7.6
St. Martin
Catholic2470 Rosemary Drive, Erindale, Mississauga, Ontario, L5C 1X2
4.9
Erindale SS
PublicErindale, Mississauga, Ontario
6.2
Clarkson SS
PublicClarkson, Mississauga, Ontario
4.6
ISNA High School
Public2200 South Sheridan Way, Clarkson, Mississauga, Ontario, L5J 4J8
8.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied72%
Rented28%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.