1540 Mississauga Rd
Lorne Park, Mississauga, L5H 2K1
FOR SALE
$5,999,800

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5 + 1
BEDROOMS6
BATHROOMS2
KITCHENS15 + 4
ROOMSW11941613
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Property Description
Unique Lorne Park Mansion Checking Off 3 Major Boxes: Location, Lot Size & Square Footage. A Homeowners Dream, This Completely Remodeled Residence Fts Fascinating Finishes & Millwork T/O w/ 5+1 Bedrooms, 6 Baths & An Open Concept Layout w/ Expansive WIndows Bringing In An Abundance of Natural Light. The Chef's Kitchen Is Equipped w/ A Lg Centre Island, B/I S/S Appliances, Beautiful Stone Counters & Ample Upper and Lower Cabinetry. Prodigious Living & Dining Spaces Elevated By Crown Moulding, Pot Lights, Gas Fireplace & Eye Catching Wallpaper. Also Fts A Rare In-Law Suite w/ a Full Size Kitchen, Living Rm, Bdrm & A 3pc Ensuite. The Owners Suite Boasts Raised Ceiling Heights, A Gorgeous 5pc Ensuite & A Lg W/I Closet. Down The Hall Lies 2 More Bdrms That Share A 4pc Bath + A Junior Suite w/ A 5pc Ensuite & W/I Closet. The Entertainers Bsmt Fts A Lg Rec Area, Gym, Wet Bar, Dining Area & Ample Storage Rms + A Den That Can Be Used As A 6th Bdrm. **EXTRAS** The Mesmerizing Resort-Like Bckyrd Completes This Home w/ An In-ground Pool, Several Fountains, A Covered Deck, Beautiful Cabana & More! Absolutely Breathtaking. Property Is Also Surrounded By Wrought Iron Gates & Beautiful Mature Trees!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-12-03 | 2025-01-27 | 55 | $5,999,800 | - | Terminated |
2024-08-15 | 2024-11-30 | 108 | $5,999,800 | - | Expired |
2024-04-30 | 2024-07-31 | 92 | $5,999,800 | - | Expired |
2024-03-07 | 2024-04-30 | 54 | $6,499,000 | - | Terminated |
2024-02-10 | 2024-03-07 | 26 | $6,799,000 | - | Terminated |
2023-11-16 | 2024-02-10 | 86 | $7,299,999 | - | Terminated |
2023-05-30 | 2023-09-15 | 108 | $6,989,000 | - | Terminated |
2023-02-21 | 2023-04-04 | 42 | $7,498,000 | - | Terminated |
2022-05-31 | 2022-06-15 | 15 | $7,898,000 | - | Terminated |
2019-07-01 | 2019-07-12 | 11 | $7,500 | $7,500 | Leased |
2019-07-01 | 2019-07-23 | 22 | $2,998,000 | - | Suspended |
2019-04-08 | 2019-06-30 | 83 | $2,995,000 | - | Expired |
2018-07-16 | 2019-01-11 | 184 | $2,995,000 | - | Expired |
Nearby Intersections
QEW & Mississauga (40)
Mississauga & Indian (12)
Property Features
Park, Part Cleared, Public Transit
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
5000+
Lot Size
105' x 245'
Fronting
South
Taxes
$30,274 (2025)
Basement
Fin W/O
Exterior
Brick, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
16
Driveway
Private
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 13.45' x 19.13' | Centre Island, B/I Appliances, B/I Appliances |
Breakfast | Main | 12.57' x 15.16' | W/O To Deck, B/I Shelves, Hardwood Floor |
Dining | Main | 13.71' x 15.12' | Crown Moulding, Gas Fireplace, Hardwood Floor |
Family | Main | 15.94' x 15.16' | Open Concept, Gas Fireplace, Hardwood Floor |
Living | Main | 27.36' x 19.75' | Open Concept, Gas Fireplace, B/I Shelves |
Family | Main | 27.49' x 14.93' | Coffered Ceiling, Gas Fireplace, Hardwood Floor |
Prim Bdrm | 2nd | 15.26' x 15.65' | 5 Pc Ensuite, W/I Closet, Hardwood Floor |
2nd Br | 2nd | 11.06' x 13.81' | Window, Closet, Hardwood Floor |
3rd Br | 2nd | 11.15' x 14.27' | Window, Closet, Hardwood Floor |
4th Br | 2nd | 19.46' x 12.93' | 5 Pc Ensuite, W/I Closet, Hardwood Floor |
5th Br | 2nd | 19.98' x 11.38' | 3 Pc Ensuite, W/I Closet, Combined W/Kitchen |
Rec | Bsmt | 29.82' x 45.73' | W/O To Garden, Wet Bar, Combined W/Dining |
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Mississauga Market Statistics
Mississauga Price Trend
1540 Mississauga Rd is a 5-bedroom 6-bathroom home listed for sale at $5,999,800, which is $4,342,300 (262.0%) higher than the average sold price of $1,657,500 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 5 bedroom home in Mississauga declined by $2,244,460 (57.5%) compared to the previous 30 day period (December 22 - January 20) and down $139,416 (7.8%) from the same time one year ago.Inventory Change
There were 28 5-bedroom homes listed in Mississauga over the last 30 days (January 21 - February 19), which is up 40.0% compared with the previous 30 day period (December 22 - January 20) and down 0.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Mississauga typically sold ($135,266) (8.2%) below asking price over the last 30 days (January 21 - February 19), which represents a $279,291 increase compared to the previous 30 day period (December 22 - January 20) and ($126,720) 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 5-bedroom homes in Mississauga over the last 30 days (January 21 - February 19) stood at 32.1%, up from 25.0% over the previous 30 days (December 22 - January 20) and down from 42.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 6-bathroom home in Mississauga stood at 43 days when successfully sold over the last 30 days (January 21 - February 19), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Sam Mcdadi Real Estate Inc.
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