1257 Tecumseh Park Dr
Lorne Park, Mississauga, L5H 2W5
FOR SALE
$7,150,000
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BEDROOMS5
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Property Description
Completely transformed with exquisite and luxurious finishes, no expense was spared in this impeccably renovated (2023) residence. Boasting 4+1 spacious bedrooms and 5 bathrooms, all 8100+sqft of this finished living space home exudes absolute grandeur. Situated on an impressive 135 x 580ftprivate lot on one of the best streets in Lorne Park. The double-story great room with floor to ceiling windows and an open flame gas fireplace seamlessly flows into a custom kitchen, featuring a walkout to a backyard oasis. A captivating four-seasons room creates the perfect setting for a sophisticated home office with an unparalleled view. The sizable primary bedroom showcases a gas fireplace, walkout to patio, a lavish 6pc en-suite with his + her showers, and a generous walk-in closet. The open concept living and dining areas are an entertainer's dream. The basement offers a separate walk-up entrance, an additional laundry room (total of 2), a games room, rec room, mudroom, wine cellar, and an extra bed
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-06-12 | 2024-07-29 | 47 | $17,500 | $15,500 | Leased |
| 2024-04-24 | 2024-07-17 | 84 | $7,500,000 | - | Terminated |
| 2021-06-21 | 2021-11-30 | 163 | $5,399,900 | - | Expired |
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
5000+
Lot Size
135' x 580'
Fronting
East
Taxes
$40,145 (2023)
Basement
Finished, Full
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
10
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 16.24' x 19.00' | B/I Appliances, Hardwood Floor, Pantry |
| Great Rm | Main | 23.59' x 18.01' | Hardwood Floor, Fireplace, Vaulted Ceiling |
| Living | Main | 20.24' x 16.83' | Hardwood Floor, Fireplace, B/I Bar |
| Dining | Main | 16.83' x 18.01' | Hardwood Floor, French Doors, O/Looks Living |
| Family | Main | 18.93' x 18.50' | Hardwood Floor, Coffered Ceiling |
| Sunroom | Main | 16.77' x 9.09' | Heated Floor, O/Looks Backyard |
| Prim Bdrm | 2nd | 16.77' x 20.41' | 6 Pc Ensuite, W/I Closet, W/O To Balcony |
| 2nd Br | 2nd | 18.08' x 14.93' | 5 Pc Ensuite, Hardwood Floor, B/I Closet |
| 3rd Br | 2nd | 17.91' x 13.42' | Hardwood Floor, W/I Closet |
| 4th Br | 2nd | 16.77' x 21.26' | Hardwood Floor, B/I Closet |
| Rec | Lower | 36.09' x 27.99' | Hardwood Floor, B/I Bar, W/O To Yard |
| Exercise | Lower | 17.26' x 14.67' |
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Mississauga Market Statistics
Mississauga Price Trend
1257 Tecumseh Park Dr is a 4-bedroom 5-bathroom home listed for sale at $7,150,000, which is $5,647,249 (375.8%) higher than the average sold price of $1,502,751 in the last 30 days (August 8 - September 6). During the last 30 days the average sold price for a 4 bedroom home in Mississauga increased by $79,875 (5.6%) compared to the previous 30 day period (July 9 - August 7) and up $52,002 (3.6%) from the same time one year ago.Inventory Change
There were 240 4-bedroom homes listed in Mississauga over the last 30 days (August 8 - September 6), which is down 19.7% compared with the previous 30 day period (July 9 - August 7) and up 14.8% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Mississauga typically sold ($53,303) (3.5%) below asking price over the last 30 days (August 8 - September 6), which represents a $19,084 decrease compared to the previous 30 day period (July 9 - August 7) and ($30,174) less 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 (August 8 - September 6) stood at 43.8%, up from 34.8% over the previous 30 days (July 9 - August 7) and down from 55.0% 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 24 days when successfully sold over the last 30 days (August 8 - September 6), compared to 55 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Real Estate Services Phinney Real Estate
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