1029 Lorne Park Rd

FOR SALE
$3,498,800
1029 Lorne Park Rd, Mississauga
1029 Lorne Park Rd
1029 Lorne Park Rd
1029 Lorne Park Rd
1029 Lorne Park Rd
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4
BEDROOMS
5
BATHROOMS
1
KITCHENS
10 + 3
ROOMS
W10426040
MLSID
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Property Description
Welcome to 1029 Lorne Park Road, an extraordinary residence in the prestigious Lorne Park community, surrounded by beautiful tree lined streets and custom-built homes. This opulent 4-bedroom, 5-bathroom home spans an approx. 5,100 square feet of living space on a sprawling pool-sized lot, showcasing exquisite modern upgrades and meticulous craftsmanship. The main level greets you with an open-concept layout, gleaming engineered hardwood floors, and bright LED pot lights. At the heart of the home is a gourmet kitchen with sleek quartz countertops, premium Bosch appliances, and a breakfast area overlooking the serene backyard. The adjacent living room, with its elegant gas fireplace, serves as a cozy retreat and opens onto the patio through grand glass doors, where a second gas fireplace awaits for seamless indoor-outdoor entertaining. On this level, you will also find a traditional dining area for meals with the family, and an office for private work from home experience. Upstairs, a skylight illuminates the space with natural light, creating a bright and airy atmosphere. The primary suite is a private sanctuary with a spacious walk-in closet and a spa-like 4-piece ensuite. Each of the additional three bedrooms offers ample closet space and either a private ensuite or a Jack-and-Jill bathroom, all with sleek porcelain tile flooring that complements the homes modern aesthetic. The fully finished walk-out basement provides versatile living space with a rec room, a den, an office or extra bedroom, and a 3-piece bathroom, complete with durable laminate flooring. Thoughtfully designed for both comfort and style, this move-in ready home embodies luxurious living at its finest.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-10-07 2021-02-28 144 $3,398,800 - Expired
Extras
Amazing location close to top-rated schools, renowned waterfront trails at Rattray Marsh Conservation area and Jack Darling Park, trendy restaurants/cafes, unique shops. Quick commute to downtown Toronto via GO Train or the QEW.
Nearby Intersections
Property Features
Fenced Yard, Golf, Park, Public Transit, School, School Bus Route
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
58' x 170'
Acreage
< .50
Fronting
North
Taxes
$6,409 (2024)
Basement
Fin W/O, Sep Entrance
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
KitchenMain17.59' x 12.34'Stainless Steel Appl, Quartz Counter, Hardwood Floor
BreakfastMain7.12' x 11.84'Pot Lights, Combined W/Kitchen, O/Looks Backyard
DiningMain15.55' x 11.81'Pot Lights, Open Concept, Hardwood Floor
LivingMain19.39' x 22.44'Gas Fireplace, B/I Shelves, W/O To Patio
OfficeMain10.56' x 10.01'Pot Lights, French Doors, Hardwood Floor
LaundryMain7.25' x 15.75'Laundry Sink, Closet, Window
Prim Bdrm2nd21.33' x 14.40'4 Pc Ensuite, W/I Closet, Large Window
2nd Br2nd20.28' x 15.91'3 Pc Ensuite, W/I Closet, Window
3rd Br2nd13.91' x 13.62'Pot Lights, W/I Closet, Window
4th Br2nd16.99' x 10.01'Pot Lights, W/I Closet, Window
RecBsmt25.72' x 33.43'Pot Lights, Open Concept, Laminate
DenBsmt23.43' x 11.06'Pot Lights, Separate Rm, Laminate
Mississauga Market Statistics
Mississauga Price Trend
1029 Lorne Park Rd is a 4-bedroom 5-bathroom home listed for sale at $3,498,800, which is $2,099,191 (150.0%) higher than the average sold price of $1,399,609 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 4 bedroom home in Mississauga declined by $98,234 (6.6%) compared to the previous 30 day period (September 23 - October 22) and down $70,037 (4.8%) from the same time one year ago.
Inventory Change
There were 276 4-bedroom homes listed in Mississauga over the last 30 days (October 23 - November 21), which is up 5.3% compared with the previous 30 day period (September 23 - October 22) and up 21.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Mississauga typically sold ($35,771) (2.6%) below asking price over the last 30 days (October 23 - November 21), which represents a $13,142 increase compared to the previous 30 day period (September 23 - October 22) and ($62,629) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Mississauga over the last 30 days (October 23 - November 21) stood at 47.1%, down from 56.5% over the previous 30 days (September 23 - October 22) and up from 42.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Mississauga stood at 26 days when successfully sold over the last 30 days (October 23 - November 21), compared to 57 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sam Mcdadi Real Estate Inc.
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