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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Lorne Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,990,000 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.
Situated On One Of Lorne Park's Most Prestigious Streets, This Well Maintained Bungalow Offers A Rare Opportunity On An Expansive 0.633-Acre Lot, Widening To Approximately 165 Ft Across The Back, In One Of Mississauga's Most Coveted Neighbourhoods. Privately Set Among Mature Trees And Surrounded By Multi-Million Dollar Estates, The Property Provides A Beautiful Estate-Like Setting With Incredible Flexibility For End-Users, Renovators Or Builders. The Existing Bungalow Offers Over 2,000 Sq Ft Above Grade Plus Basement And Has Been Cared For, Making It Comfortable To Move Into, Update Over Time, Renovate To Suit, Or Use As The Foundation For Something New. For Those Looking To Build, The Lot Offers The Potential For A Custom Dream Home Of Approximately 8,000 Sq Ft, Tailored To Your Vision. A Truly Special Offering In Lorne Park, Live In, Renovate Or Build New On One Of The Area's Most Desirable Streets. Minutes To Top-Rated Schools, Parks, Trails, Lake Ontario, Port Credit, Clarkson Village, Clarkson GO & Port Credit GO.
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Data-driven valuation for 1484 Indian Road, Mississauga, ON L5H 1S7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Mississauga.
About Purchasing a Home in Mississauga, ON
For a property listed at $1,990,000 in Mississauga, the legal minimum down payment is $398,000 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 $36,275 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 $36,275.
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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.