1300 Oak Lane
Lorne Park, Mississauga, L5H 2X7
FOR SALE
$10,999,888
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5
BEDROOMS7
BATHROOMS1
KITCHENS26
ROOMSW8313554
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Property Description
Immerse yourself in luxury at 1300 Oak Lane, a 2018 masterpiece nestled in the heart of Lorne Park. Spanning over 13,000 sq ft on 4.5 acres with a private walking trail, this 5-bedroom, 7-bathroom marvel reflects meticulous craftsmanship and sophisticated design. The family room, featuring 27-ft ceilings and a floor-to-ceiling stone surround gas fireplace, radiates warmth and offers a secluded retreat in the midst of private surroundings. Revel in the opulent charm of this rustic home, enhanced by gleaming reclaimed barn wood flooring throughout. Adding to the allure is a convenient servery with a pass-through to the kitchen, injecting character and interest. Discover culinary excellence and luxury in the chef's kitchen, equipped with high-quality stainless-steel appliances, stunning quartz countertops, and custom Cameo cabinetry a dream for any chef.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-11-23 | 2024-04-26 | 155 | $11,999,888 | - | Expired |
| 2021-05-07 | 2021-06-22 | 46 | $7,895,000 | - | Terminated |
| 2021-04-06 | 2021-05-06 | 30 | $8,600,000 | - | Terminated |
Extras
Drive into your garage and take a ride down the car elevator to the lower level garage, equipped with a central vacuum, hot and cold water to fully detail your car. Dip in the indoor pool or relax in the hot tub or sauna after the gym.
Nearby Intersections
QEW & Mississauga (59)
Property Features
Cul De Sac, Electric Car Charger, Fenced Yard, Golf, Grnbelt/Conserv, Park
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
5000+
Lot Size
350' x 633'
Acreage
2-4.99
Fronting
North
Taxes
$45,000 (2023)
Basement
Fin W/O, Full
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Indoor
Parking Spaces
8
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 36.88' x 24.15' | Gas Fireplace, Hardwood Floor, Vaulted Ceiling |
| Dining | Main | 22.08' x 16.60' | Hardwood Floor, W/O To Patio, Coffered Ceiling |
| Family | Main | 25.26' x 20.37' | Hardwood Floor, B/I Bar, W/O To Patio |
| Kitchen | Main | 14.44' x 29.89' | Hardwood Floor, Centre Island, Stainless Steel Appl |
| Prim Bdrm | 2nd | 23.82' x 19.95' | Gas Fireplace, Hardwood Floor, 6 Pc Ensuite |
| 2nd Br | 2nd | 19.82' x 19.42' | 3 Pc Ensuite, Hardwood Floor, Vaulted Ceiling |
| 3rd Br | 2nd | 27.10' x 23.62' | 3 Pc Ensuite, Hardwood Floor, O/Looks Frontyard |
| 4th Br | 2nd | 20.87' x 15.78' | 3 Pc Ensuite, Hardwood Floor, O/Looks Backyard |
| Great Rm | Lower | 40.39' x 39.27' | Hardwood Floor, Gas Fireplace, Walk-Out |
| Rec | Lower | 31.59' x 13.45' | Hardwood Floor, Double Doors |
| Workshop | Lower | 23.56' x 37.34' | Elevator, O/Looks Backyard, Pot Lights |
| Exercise | Lower | 20.64' x 15.55' | Hardwood Floor, 4 Pc Ensuite, Separate Rm |
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Mississauga Market Statistics
Mississauga Price Trend
1300 Oak Lane is a 5-bedroom 7-bathroom home listed for sale at $10,999,888, which is $8,802,638 (400.6%) higher than the average sold price of $2,197,250 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 5 bedroom home in Mississauga declined by $1,249,847 (36.3%) compared to the previous 30 day period (March 15 - April 13) and up $73,175 (3.4%) from the same time one year ago.Inventory Change
There were 44 5-bedroom homes listed in Mississauga over the last 30 days (April 14 - May 13), which is up 15.8% compared with the previous 30 day period (March 15 - April 13) and up 83.3% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Mississauga typically sold ($21,771) (1.0%) below asking price over the last 30 days (April 14 - May 13), which represents a $349,308 increase compared to the previous 30 day period (March 15 - April 13) and ($71,487) 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 5-bedroom homes in Mississauga over the last 30 days (April 14 - May 13) stood at 36.4%, down from 44.7% over the previous 30 days (March 15 - April 13) and down from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 7-bathroom home in Mississauga stood at 26 days when successfully sold over the last 30 days (April 14 - May 13), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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