1262 Mississauga Rd
Lorne Park, Mississauga, L5H 2J2
FOR SALE
$2,888,000

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Property Description
Explore Lorne Park's sought-after neighbourhood while you reside on one of Mississauga's most prestigious streets - Mississauga Road. This exquisite, newly updated bungalow sits on a premium 75 x 175 ft lot and boasts over 3,000 square feet of elegant living space. Inside, you're met with a mesmerizing open concept floor plan elevated with multiple skylights, LED pot lights, and gleaming hardwood floors. With panoramic views of the living and dining areas, the charming kitchen is the heart of this home and features a centre island topped with granite countertops, built-in appliances, and a breakfast area that opens up to the private backyard deck surrounded by beautiful mature trees. Gas fireplaces can be found in your living and family room, creating this lovely sense of tranquility and warmth while you sit back and relax with loved ones. Down the hall is where you will locate the Owners suite complete with a large walk-in closet, a spa-like 5pc ensuite, and access to the backyard deck. Two more generously sized bedrooms on this level with a shared 4pc bathroom as well as a dedicated office space. Descend to the finished basement, where 2 recreational spaces with an abundance of natural light and a 3pc bathroom can be found. An absolute must see, this charming home sits on an idyllic setting moments from all desired amenities including: a quick commute to downtown Toronto via the QEW/Port Credit Go station, Port Credit's bustling boutique shops and restaurants, waterfront parks and trails, amazing public and private schools, and Mississauga's Golf and Country Club! **EXTRAS** *The basement also features a crawl space, perfect for extra storage!*
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-11-04 | 2025-01-28 | 85 | $2,999,000 | - | Terminated |
2024-11-04 | 2025-01-16 | 73 | $2,999,000 | - | Suspended |
2024-09-16 | 2024-11-04 | 49 | $3,188,000 | - | Terminated |
2021-12-23 | 2022-01-27 | 35 | $5,000 | $5,000 | Leased |
Nearby Intersections
Mississauga & Indian (17)
Property Features
Fenced Yard, Grnbelt/Conserv, Park, Public Transit, River/Stream, School
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
3000-3500
Lot Size
75' x 175'
Fronting
West
Taxes
$13,840 (2024)
Basement
Finished, Full
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
8
Driveway
Circular
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 18.57' x 19.06' | Centre Island, Pot Lights, Hardwood Floor |
Dining | Main | 12.86' x 16.50' | Combined W/Kitchen, Pot Lights, Hardwood Floor |
Living | Main | 18.70' x 15.72' | Fireplace, Pot Lights, Hardwood Floor |
Family | Main | 14.86' x 16.96' | Fireplace, Pot Lights, Hardwood Floor |
Prim Bdrm | Main | 19.23' x 14.11' | 5 Pc Ensuite, Pot Lights, Hardwood Floor |
2nd Br | Main | 17.52' x 13.62' | B/I Closet, Window, Hardwood Floor |
3rd Br | Main | 11.65' x 13.71' | B/I Closet, Window, Hardwood Floor |
Den | Main | 10.60' x 11.22' | B/I Closet, Pot Lights, Hardwood Floor |
Office | Main | 12.20' x 11.09' | , Large Window, Hardwood Floor |
Rec | Bsmt | 33.89' x 21.88' | 3 Pc Ensuite, Pot Lights, Hardwood Floor |
Rec | Bsmt | 40.09' x 16.11' | Above Grade Window, Pot Lights, Hardwood Floor |
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Mississauga Market Statistics
Mississauga Price Trend
1262 Mississauga Rd is a 3-bedroom 4-bathroom home listed for sale at $2,888,000, which is $1,783,982 (161.6%) higher than the average sold price of $1,104,018 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Mississauga declined by $30,005 (2.6%) compared to the previous 30 day period (December 22 - January 20) and down $72,999 (6.2%) from the same time one year ago.Inventory Change
There were 179 3-bedroom homes listed in Mississauga over the last 30 days (January 21 - February 19), which is up 123.8% compared with the previous 30 day period (December 22 - January 20) and up 46.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Mississauga typically sold ($15,926) (1.4%) below asking price over the last 30 days (January 21 - February 19), which represents a $4,623 increase compared to the previous 30 day period (December 22 - January 20) and ($14,893) 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 3-bedroom homes in Mississauga over the last 30 days (January 21 - February 19) stood at 51.4%, down from 60.0% over the previous 30 days (December 22 - January 20) and down from 85.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Mississauga stood at 22 days when successfully sold over the last 30 days (January 21 - February 19), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Sam Mcdadi Real Estate Inc.
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