1199 Lorne Park Rd 7

FOR SALE
$1,729,000
1199 Lorne Park Rd 7, Mississauga
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2 + 1
BEDROOMS
4
BATHROOMS
1
KITCHENS
6 + 3
ROOMS
W9371464
MLSID
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Property Description
Step into this gorgeous luxury townhome in the heart of desirable Lorne Park, with +4,000 sq.ft. of total living space. This rarely available home is situated in a private enclave shared with only 8 other townhomes. So many features including hardwood floors, oversized walk-in closets, pot lights, adjustable skylights & custom light fixtures. Oversized chef-inspired kitchen is elegantly designed w/ a large foot print providing convenience, enjoyment & entertaining ease. Features include granite counters, top of the line stainless steel appliances, breakfast bar section, plenty of storage, custom lighting fixtures & large island. The grand & bright staircase features a wide landing with +20' ceilings, adjustable skylights allowing plenty of natural light to flow into the home. There is a beautifully appointed private den/office on the main floor. Dual primary bedroom suites are exceptionally large and spacious featuring large windows providing plenty of light, oversized walk-in closets and resort-inspired ensuite bathrooms.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-09-27 0001-01-01 40 $1,729,000 - Suspended
2024-09-27 2024-11-06 40 $1,729,000 - Suspended
Extras
Accessible through double doors in dining or living room areas is a spacious terrace. This outdoor space is designed with attractive, long lasting, maintenance-free materials & glass panels, providing tranquil & private greenspace views.
Property Details
Community
Property Type
Condo Townhouse, 2-Storey
Approximate Sq.Ft.
3000-3249
Taxes
$10,526 (2024)
Basement
Finished, Full
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FoyerMain4.92' x 8.99'Wainscoting, Ceramic Floor
LivingMain11.91' x 21.82'Open Concept, W/O To Deck, Hardwood Floor
KitchenMain13.16' x 18.50'Stainless Steel Appl, Breakfast Bar, Granite Counter
DiningMain12.50' x 22.18'Open Concept, W/O To Deck, Hardwood Floor
OfficeMain9.58' x 18.57'Window, Pot Lights, Hardwood Floor
Prim Bdrm2nd12.50' x 18.50'W/I Closet, 5 Pc Ensuite, Hardwood Floor
2nd Br2nd12.60' x 22.83'W/I Closet, 4 Pc Ensuite, Hardwood Floor
3rd BrBsmt13.85' x 14.40'W/I Closet, Heated Floor
RecBsmt21.16' x 24.57'Open Concept, Pot Lights, Heated Floor
LaundryBsmt7.91' x 12.60'Stainless Steel Sink, Pot Lights, Ceramic Floor
Mississauga Market Statistics
Mississauga Price Trend
1199 Lorne Park Rd 7 is a 2-bedroom 4-bathroom townhome listed for sale at $1,729,000, which is $1,006,723 (139.4%) higher than the average sold price of $722,277 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 2 bedroom townhome in Mississauga increased by $24,277 (3.5%) compared to the previous 30 day period (September 24 - October 23) and up $31,254 (4.5%) from the same time one year ago.
Inventory Change
There were 46 2-bedroom townhomes listed in Mississauga over the last 30 days (October 24 - November 22), which is down 4.2% compared with the previous 30 day period (September 24 - October 23) and up 58.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom townhomes in Mississauga typically sold ($13,760) (1.9%) below asking price over the last 30 days (October 24 - November 22), which represents a $1,856 increase compared to the previous 30 day period (September 24 - October 23) and ($19,280) 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 2-bedroom townhomes in Mississauga over the last 30 days (October 24 - November 22) stood at 39.1%, down from 54.2% over the previous 30 days (September 24 - October 23) and down from 72.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 4-bathroom townhome in Mississauga stood at 22 days when successfully sold over the last 30 days (October 24 - November 22), compared to 59 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Escarpment Realty Inc.,
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