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Lorne Park, Mississauga
$3,349,800
Welcome to an exceptional Lorne Park home situated on a prestigious cul-de-sac within walking distance to top rated neighbourhood schools. Lorne Park is often referred to as "Muskoka" in the city. This truly one of a kind well loved family home with its traditional layout offers approximately 7,000 sq. ft. of finished living space on a private, pie-shaped lot, complete with a beautiful in-ground saltwater pool surrounded by ample decking and green space for relaxing and entertaining. The elegance of this home is evident from its reclaimed brick exterior, colonial-style windows, detailed millwork and impressive custom entry door. A rare three-car garage with ample storage space completes the exterior appeal of this unique home. The main floor offers large principal rooms, including formal dining and living rooms, large family room, cozy den, family-sized kitchen, main-floor laundry room. A convenient second front entry door provides access to the first floor. Entry is also provided by door leading directly from the garage. The well-designed second level accommodates the modern family with four generously sized bedrooms, three full bathrooms, a lounge area off the primary bedroom with spacious walk-in closets. Families will appreciate the third-floor loft, offering multiple possibilities for enjoyment when hosting large gatherings. The fully finished lower level features a two-sided fireplace, a three-piece bath, a spacious bedroom, and a large recreation room that includes a gym and TV/games area. Large windows and walkouts to the backyard make the lower level an ideal space for families who want additional space for parents, in-laws or a nanny. A unique spiral staircase connects all four levels.This is a rare opportunity to live on a quiet, child safe court. Walkability includes Lorne Park Library, Lorne Park Plaza and Nine Creeks trail. This distinguished home is a short drive to Credit Valley and Trillium hospitals making it ideal for medical professionals.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 3500-5000 sq. ft. |
| Property Tax | $25,847 |
| Lot Size | 52.16 ft x 144.8 ft |
| mls© Number | W13132846 |
| Listed By | SOTHEBY'S INTERNATIONAL REALTY CANADA |
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%
- $17,146
- Property tax
- $2,154
- Heat allowance
- $150
- Housing costs
- $19,450 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$598,000
gross annual household income
- Payment at 4%
- $14,096 / mo
- Cash down
- $669,960
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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