1502 Gregwood Rd
Lorne Park, Mississauga, L5H 2T4
FOR SALE
$4,988,000
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4 + 1
BEDROOMS6
BATHROOMS1 + 1
KITCHENS13 + 6
ROOMSW10402721
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Property Description
Immerse yourself in the sought-after Lorne Park community offering this unparalleled Parisian chic custom estate exuding luxury at every turn. This architectural masterpiece is meticulously situated on a 90x162 ft lot surrounded by lush greenery delivering immense privacy & tranquility for homeowners. For car enthusiasts, the elongated driveway w/ professional interlocking parks approx 8 vehicles w/ parking for 3 in the garage. Inside, you're captivated by an elegant 7,500 SF interior adorned w/ soaring ceiling heights, meticulous workmanship, expansive windows including a skylight, refined marble floors & an open concept floor plan that intricately ties all the prodigious living spaces together. Step into your gourmet kitchen offering lovely views of your living areas & thoughtfully designed w/ a Lg centre island, stone countertops, Dacor/Bosch built-in appliances & a butler's servery w/ W/I pantry that connects to your sophisticated dining room where special dinners are held. Tailored for the most discerning of buyers, the breathtaking family room which is open to above showcases a floor to ceiling gas fireplace, coffered ceilings, B/I speakers & expansive windows w/ picturesque views of the garden. Accompanying this level is the formal living room w/ gas fireplace, a home office & the laundry room w/ access to the garage. Ascend to the Owners suite above, intricately curated for rest & rejuvenation & showcasing cathedral ceilings, a gas fireplace which sets a warm and calming ambiance, a Parisian inspired 6pc ensuite & a Lg W/I closet for all of your prized possessions. 3 more captivating bdrms down the hall w/ their own design details & private ensuites. The entertainers dream bsmt is replete w/ sought-after amenities incl: a gym, a guest bdrm, a 3pc bath w/ cedar sauna, a 2nd kitchen, a wine cellar & a Lg rec area perfect for hosting family events! The walk-up takes you to your oversized backyard w/ a covered porch ft B/I speakers - perfect for alfresco dining.
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Extras
An absolute must see, this exceptional family home is located near highly acclaimed public/private schools, waterfront trails, Port Credit/Clarkson's charming shops & restaurants, and a quick commute to Toronto via the QEW or Go station.
Nearby Intersections
QEW & Mississauga (63)
Property Features
Fenced Yard, Park, School, Wooded/Treed
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
5000+
Lot Size
90' x 163'
Fronting
West
Taxes
$25,957 (2024)
Basement
Fin W/O, Full
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
8
Driveway
Pvt Double
Garage Type
Built-In
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 20.54' x 12.70' | Centre Island, B/I Appliances, Open Concept |
| Breakfast | Main | 15.22' x 15.81' | W/O To Porch, Pot Lights, Tile Floor |
| Dining | Main | 17.98' x 12.37' | O/Looks Dining, Crown Moulding, Hardwood Floor |
| Living | Main | 15.91' x 12.37' | Gas Fireplace, Crown Moulding, Hardwood Floor |
| Family | Main | 18.77' x 18.01' | Floor/Ceil Fireplace, Built-In Speakers, Coffered Ceiling |
| Office | Main | 12.07' x 12.43' | French Doors, Picture Window, Hardwood Floor |
| Prim Bdrm | 2nd | 17.29' x 15.52' | W/I Closet, Vaulted Ceiling, 6 Pc Ensuite |
| 2nd Br | 2nd | 11.98' x 12.83' | W/I Closet, Window, 4 Pc Ensuite |
| 3rd Br | 2nd | 21.06' x 12.57' | Closet, Window, 3 Pc Ensuite |
| 4th Br | 2nd | 14.04' x 12.43' | Closet, Window, 3 Pc Ensuite |
| Rec | Bsmt | 37.14' x 46.26' | Modern Kitchen, Gas Fireplace, Walk-Up |
| Exercise | Bsmt | 20.47' x 15.55' | Pot Lights, Closet, Cushion Floor |
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Mississauga Market Statistics
Mississauga Price Trend
1502 Gregwood Rd is a 4-bedroom 6-bathroom home listed for sale at $4,988,000, which is $3,597,622 (258.8%) higher than the average sold price of $1,390,378 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 4 bedroom home in Mississauga declined by $125,316 (8.3%) compared to the previous 30 day period (September 21 - October 20) and down $97,934 (6.6%) from the same time one year ago.Inventory Change
There were 275 4-bedroom homes listed in Mississauga over the last 30 days (October 21 - November 19), which is down 4.2% compared with the previous 30 day period (September 21 - October 20) and up 28.5% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Mississauga typically sold ($38,739) (2.8%) below asking price over the last 30 days (October 21 - November 19), which represents a $4,492 increase compared to the previous 30 day period (September 21 - October 20) and ($64,887) 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 4-bedroom homes in Mississauga over the last 30 days (October 21 - November 19) stood at 50.5%, up from 46.0% over the previous 30 days (September 21 - October 20) and up from 41.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 6-bathroom home in Mississauga stood at 23 days when successfully sold over the last 30 days (October 21 - November 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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