1300 Oak Lane, Mississauga, ON

$9,989,800
MLS#:W9303278
5 beds
7 baths
5000 + sqft
23.0 parking
Residential Freehold
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This listing is no longer active (Sold)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 detached located in the coveted neighborhood of Lorne Park. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $9,989,800 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.

  • 5 Bedrooms and 7 Bathrooms
  • Generous living space spanning 5000 + sqft on a premium 349.64 x 632.73 ft lot
  • Features a finished with walk-out, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 23.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Bar Fridge, Built-In Oven
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Discover the epitome of luxury living at 1300 Oak Lane, a one-of-a-kind estate nestled in the heart of Mississaugas prestigious Lorne Park. Built in 2018, this over 13,000 sq.ft. architectural marvel is set on an expansive 4.5-acre lot, enveloped by lush greenery and features a serene boardwalk offering a private sanctuary unlike any other. Step inside and be captivated by the grandeur of this residence, featuring 5 spacious bedrooms and 7 luxurious bathrooms. Meticulously crafted, this home blends modern elegance with timeless charm. The great room, with its soaring 27-foot ceilings and floor-to-ceiling stone fireplace, offers a space that is both impressive and inviting. The interior is a tribute to rustic luxury, with reclaimed barn wood flooring adding warmth and character. The chefs kitchen is a culinary dream, featuring high-end stainless-steel appliances, quartz countertops, and bespoke Cameo cabinetry, with a convenient passthrough servery. Perfect for entertaining, this home offers three levels of luxury. Relax in the sauna, custom-ventilated cigar room, or on the expansive deck overlooking landscaped gardens. After a workout in the gym, unwind in the indoor pool, hot tub, or massage room. Beyond the interiors, the property offers breathtaking vistas, unforgettable sunrises & sunsets. Car enthusiasts will appreciate the state-of-the-art 5 car garage with a car elevator, central vacuum, and hot and cold water for vehicle detailing. Offering residents a lifestyle defined by its proximity to the vibrant community of Port Credit, where you can spend your weekends exploring the charming streets, fine dining establishments, and boutique shops, all just a short drive away. This residence is more than just a home; its a rare chance to own a piece of Mississaugas most prestigious enclave. The craftsmanship, design, and scale of this property are sure to captivate even the most discerning buyer. 1300 Oak Lane is where luxury meets legacy. Don't let it slip away.

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Key Features

Bedrooms
5
Bathrooms
7
Kitchens
1
Living Area
5000 + sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 10, 2025
Sold price information is available to members only
Listed Date9/6/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Stone
BasementFinished with Walk-Out, Full
Lot Size349.64 × 632.73 Feet
CountyPeel
Annual Tax$54,848.84
Legal DescriptionPT LT 23, CON 2 SDS TT , AS IN RO1041770, S/T VS248056 AS AMENDED BY VS272401 ; S/T TT151419,VS387432,VS44189 T/W EASEMENT OVER PT LT 23 CON 2 SDS TT DES PT 1 PL 43R-32076, AS IN PR1521292; T/W

Parking & Garage

Parking Spaces23.0
Garage Spaces18
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Cul de Sac/Dead End, Fenced Yard, Electric Car Charger, Golf, Greenbelt/Conservation, Park

Interior Features

Auto Garage Door Remote, Bar Fridge, Built-In Oven, Central Vacuum, Countertop Range, Guest Accommodations, In-Law Capability, Sauna, Ventilation System, Water Heater Owned

Security Features

Alarm System, Carbon Monoxide Detectors, Smoke Detector, Security System

Community Features

Location

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1300 Oak Lane, 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 1300 Oak Lane, Mississauga, ON L5H 2X7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$1,997,960 (20.0%)
* Minimum Canadian down payment required for this price is $1,997,960.
Amortization Period25 Years
Estimated Monthly Payment$47,625Based on a loan of $7,991,840 over 25 years.
Purchase Price$9,989,800
Loan Amount$7,991,840
Provincial Land Transfer Tax:$236,220
Total Estimated Closing Taxes:$236,220

About Purchasing a Home in Mississauga, ON

For a property listed at $9,989,800 in Mississauga, the legal minimum down payment is $1,997,960 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 $236,220 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 $236,220.

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.