1540 Mississauga Rd

FOR SALE
$5,999,800
1540 Mississauga Rd, Mississauga
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5 + 1
BEDROOMS
6
BATHROOMS
2
KITCHENS
15 + 4
ROOMS
W11941613
MLSID
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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!
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
Property Features
Park, Part Cleared, Public Transit
Property Details
Community
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
Room Summary
RoomLevelSizeFeatures
KitchenMain13.45' x 19.13'Centre Island, B/I Appliances, B/I Appliances
BreakfastMain12.57' x 15.16'W/O To Deck, B/I Shelves, Hardwood Floor
DiningMain13.71' x 15.12'Crown Moulding, Gas Fireplace, Hardwood Floor
FamilyMain15.94' x 15.16'Open Concept, Gas Fireplace, Hardwood Floor
LivingMain27.36' x 19.75'Open Concept, Gas Fireplace, B/I Shelves
FamilyMain27.49' x 14.93'Coffered Ceiling, Gas Fireplace, Hardwood Floor
Prim Bdrm2nd15.26' x 15.65'5 Pc Ensuite, W/I Closet, Hardwood Floor
2nd Br2nd11.06' x 13.81'Window, Closet, Hardwood Floor
3rd Br2nd11.15' x 14.27'Window, Closet, Hardwood Floor
4th Br2nd19.46' x 12.93'5 Pc Ensuite, W/I Closet, Hardwood Floor
5th Br2nd19.98' x 11.38'3 Pc Ensuite, W/I Closet, Combined W/Kitchen
RecBsmt29.82' x 45.73'W/O To Garden, Wet Bar, Combined W/Dining
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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