524 Hancock Way
Lorne Park, Mississauga, L5H 4L5
FOR SALE
$3,299,000
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4 + 1
BEDROOMS5
BATHROOMS1
KITCHENS11 + 5
ROOMSW10406338
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Property Description
Ideally located in a quiet court on a premium lot. The private back yard gives a cottage in the city feeling. Walking distance to neighbourhood playground, vibrant Port Credit, shopping, restaurants, parks and the lake! Lorne Park Watercolours is a sought-after pocket of stately homes offering a quiet community with option to walk to the Port Credit vibe. This welcoming family home offers over 6550 sq ft of living space, including the lower level, with a great floor plan that easily transitions from work at home to entertaining family and friends. Spacious & inviting front living and dining rooms. Gorgeous custom kitchen features ample storage space, stone floors, centre island with seating for four, high-end appliances, leathered marble countertops and custom backsplash. The breakfast area has a built in desk/cabinets and walk out to stone patio. The great room is warmed by a double sided gas fireplace with a stunning stacked stone surround and built in shelves. Main floor office with built-in cabinets and fireplace. The second floor features four generously sized bedrooms, with the primary boasting a custom walk-in closet and spa-inspired bathroom with luxurious stand-alone jetted soaker tub. Bonus sitting area with views of the back yard. Walk down to the lower level and feel the warmth of the media and games area, anchored by a fireplace and designed with fun or relaxation in mind. Lower level complete with a climate controlled 1500 bottle wine room, gym, cold cellar and a fifth bedroom with full bathroom. The stunning fully fenced outdoor oasis has something for everyone with saltwater concrete pool, spill-over hot tub, greenspace, dining and entertaining areas, gardens and a cabana/bar with running water and bar fridge. Outdoor lighting gives a warm ambience that welcomes friends and family into the evening. Custom additions and upgrades in 2009 makes this a unique Watercolours home.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-09-26 | 2024-11-04 | 39 | $3,499,000 | - | Terminated |
Nearby Intersections
Mississauga & Indian (25)
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
62' x 202'
Lot Irregularities
222.46 x 57.25x 4.98 x 202.48 x 93.58 ft
Fronting
North
Taxes
$17,323 (2024)
Basement
Finished
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
4
Driveway
Private
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Family | Main | 14.93' x 20.67' | Hardwood Floor, Gas Fireplace, B/I Shelves |
Kitchen | Main | 13.91' x 21.75' | Stainless Steel Appl, Centre Island, Stone Floor |
Breakfast | Main | 11.15' x 12.83' | O/Looks Backyard, B/I Shelves, Stone Floor |
Dining | Main | 14.07' x 16.17' | Hardwood Floor, Crown Moulding, Built-In Speakers |
Living | Main | 14.34' x 16.17' | Hardwood Floor, Vaulted Ceiling, Crown Moulding |
Office | Main | 12.01' x 10.93' | Hardwood Floor, B/I Shelves, O/Looks Backyard |
Laundry | Main | 9.91' x 10.33' | |
Prim Bdrm | 2nd | 15.49' x 17.49' | W/I Closet, 5 Pc Ensuite, Crown Moulding |
Sitting | 2nd | 19.32' x 15.09' | Hardwood Floor, B/I Bookcase, Crown Moulding |
2nd Br | 2nd | 12.40' x 14.93' | 4 Pc Ensuite, Double Closet, Broadloom |
3rd Br | 2nd | 11.09' x 14.99' | Semi Ensuite, Double Closet, Broadloom |
4th Br | 2nd | 15.68' x 10.93' | Semi Ensuite, Double Closet, Broadloom |
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Mississauga Market Statistics
Mississauga Price Trend
524 Hancock Way is a 4-bedroom 5-bathroom home listed for sale at $3,299,000, which is $1,908,622 (137.3%) 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 5-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 Sotheby's International Realty Canada
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