1497 Indian Grve
Lorne Park, Mississauga, L5H 2S5
FOR SALE
$3,488,000
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5 + 1
BEDROOMS5
BATHROOMS1
KITCHENS11 + 3
ROOMSW9349182
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Property Description
Showcasing a perfect blend of traditional elegance with modern functionality is this beautiful executive home located in the prestigious Lorne Park community with over 5,300 SF total and offering 5+1 bedrooms and 4.5 bathrooms. The exceptionally designed interior boasts an open concept floor plan with vaulted ceilings that range between 9 - 14ft, gleaming hardwood floors, pot lights throughout, and large windows that optimize an abundance of natural light. The stunning kitchen with granite countertops and stainless steel appliances seamlessly blends into the breakfast and family room, enabling loved ones to gather around and remain connected. Step into the primary bedroom elevated with a gorgeous 5pc ensuite, a large walk-in closet, and a serene sitting area with an electric fireplace, perfect for some rest and relaxation. 3 more generously sized bedrooms with their own ensuites/semi-ensuites can be found down the hall + a 11'x12' den ideal as a 5th bedroom, kids play area, or an office. This home's charm extends to the lower level, where you are greeted with a nanny/guest suite, a 3pc bath, and a versatile recreation area that provides seamless access to the private backyard oasis! Designed to captivate, the breathtaking backyard measures 275ft in depth and is surrounded by beautiful mature trees, a sparkling gunite inground pool with stone decking for friends and family to sunbath around, a wooden deck for entertaining, and ample green space for countless outdoor activities and gardening! This rare backyard paradise is the ultimate haven for both intimate family moments and lively friendly gatherings! Exceptional offering with close proximity to all desired amenities including esteemed public and private schools, renowned University of Toronto Mississauga campus, waterfront parks, Port Credit's restaurants/boutiques, Clarkson Village, and an easy commute to downtown Toronto via the Go station and the QEW.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-05-31 | 2024-08-31 | 92 | $3,688,000 | - | Expired |
Extras
Completely renovated in 2018 & received a full refresh in 2024 w/ pot lights in bsmt, interior/exterior painted, deck and front pergola stained, pool room and pool pergola stained, new light fixtures, garage interior/doors painted.
Nearby Intersections
QEW & Mississauga (63)
Mississauga & Indian (25)
Property Features
Fenced Yard, Grnbelt/Conserv, Park, Wooded/Treed
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
80' x 275'
Acreage
.50-1.99
Fronting
East
Taxes
$19,852 (2024)
Basement
Fin W/O, Full
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
8
Driveway
Circular
Garage Type
Built-In
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 13.75' x 12.17' | Stainless Steel Appl, Granite Counter, Breakfast Bar |
Breakfast | Main | 14.53' x 15.68' | Pot Lights, W/O To Deck, Bay Window |
Dining | Main | 12.57' x 11.98' | Pot Lights, Window, Hardwood Floor |
Living | Main | 14.37' x 18.90' | Pot Lights, O/Looks Frontyard, Hardwood Floor |
Family | Main | 14.83' x 20.14' | Electric Fireplace, O/Looks Backyard, Crown Moulding |
Prim Bdrm | 2nd | 19.55' x 33.10' | W/I Closet, 5 Pc Ensuite, Vaulted Ceiling |
2nd Br | 2nd | 23.10' x 23.59' | Closet, 4 Pc Ensuite, Vaulted Ceiling |
3rd Br | 2nd | 17.95' x 15.58' | W/I Closet, Semi Ensuite, Vaulted Ceiling |
4th Br | 2nd | 13.91' x 12.43' | Closet, Semi Ensuite, Hardwood Floor |
Office | 2nd | 11.12' x 12.14' | Vaulted Ceiling, Window, Hardwood Floor |
Rec | Bsmt | 24.25' x 32.78' | Gas Fireplace, W/I Closet, Laminate |
Family | Bsmt | 30.94' x 14.04' | Pot Lights, Above Grade Window, Laminate |
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Mississauga Market Statistics
Mississauga Price Trend
1497 Indian Grve is a 5-bedroom 5-bathroom home listed for sale at $3,488,000, which is $1,416,134 (68.4%) higher than the average sold price of $2,071,866 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 5 bedroom home in Mississauga declined by $278,265 (11.8%) compared to the previous 30 day period (September 21 - October 20) and up $196,009 (10.4%) from the same time one year ago.Inventory Change
There were 27 5-bedroom homes listed in Mississauga over the last 30 days (October 21 - November 19), which is down 20.6% compared with the previous 30 day period (September 21 - October 20) and down 10.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Mississauga typically sold ($133,792) (6.5%) below asking price over the last 30 days (October 21 - November 19), which represents a $55,113 increase compared to the previous 30 day period (September 21 - October 20) and ($180,099) 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 (October 21 - November 19) stood at 40.7%, up from 23.5% over the previous 30 days (September 21 - October 20) and up from 23.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 5-bathroom home in Mississauga stood at 25 days when successfully sold over the last 30 days (October 21 - November 19), compared to 86 days before being removed from the market upon being suspended or terminated.Listing contracted with Sam Mcdadi Real Estate Inc.
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