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New36 minutes ago

1540 Mississauga Road

Lorne Park, Mississauga

$5,999,800

Detached|2-Storey
5 | 6 | 18
About this home

Introducing a rare & unique Lorne Park mansion where scale, craftsmanship & resort-style living come together on an impressive -acre lot. Set behind wrought iron gates & a 7' wrought iron fence, this completely remodelled 5+1 bedroom, 6-bath residence makes an immediate impression with its grand proportions, 8 ft tall wood doors, 16 chandeliers, 10'-16' raised ceilings & expansive windows. The interiors are rich in custom millwork, crown moulding, pot lights & original book-matched Italian tiles, creating a sense of character & permanence rarely found in today's homes. At the centre of it all, the chef's kitchen features a large island, B/I S/S appliances, stone countertops & extensive cabinetry, opening naturally to the home's generous living & dining spaces. The owner's suite offers raised ceilings, a large W/I closet & luxurious 5pc ensuite, while two additional bedrooms share a 4pc bath & a private junior suite adds its own 5pc ensuite & W/I closet. A rare in-law suite with a full-size kitchen, living room, bedroom & 3pc ensuite adds exceptional flexibility for extended family or guests. Below, the entertainer's level delivers a large recreation area, gym, wet bar, dining area, ample storage & a versatile den that can serve as a 6th bedroom. Outside, the backyard is where this property truly separates itself: an in-ground pool, multiple fountains, covered deck, beautiful cabana & 4-hole mini-golf course create a private setting designed for everything from summer entertaining to everyday family life. Mature trees, natural rock formations & a striking stone driveway complete the grounds. For buyers searching Mississauga's Lorne Park for a substantial lot, exceptional interiors & amenities rarely found together, 1540 Mississauga Rd is a property that needs to be experienced.

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nest zoom realty
(416) 276-9973
TypeDetached
Style2-Storey
Approx. AgeNot available
Size5000 + sq. ft.
Property Tax$32,702
Lot Size105 ft x 245 ft
mls© NumberW13841926
Listed BySAM MCDADI REAL ESTATE 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%
$30,710
Property tax
$2,725
Heat allowance
$150
Housing costs
$33,585 / mo

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

Down payment20% · $1,199,960
25-yr amortization

Income needed

$1,033,000

gross annual household income

Payment at 4%
$25,248 / mo
Cash down
$1,199,960

Assumes no other monthly debts · 25-yr amortization

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