21 days on Market

1370 Oak Lane, Mississauga, Ontario L5H 2X7

Detached
5 + 1
8
~5000+ sqft
$7,498,850
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Detached
5 + 1
8
~5000+ sqft

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Highlights

Estimated ValueNot available

Price/Sqft$750/sqft

Est. Mortgage$32,204/mo

Tax Amount (2024)$38,992/yr

Days On Market21 days


Description

Nestled In The Highly Sought-After Lorne Park Neighbourhood, This Custom-Built, Multi-Generational Family Home Is Perfectly Situated On A Quiet, Exclusive Street With Only 6 Residences, Creating A Rare Sense Of Tranquility. Spanning Approx 11,000 Sqft Of Total Living Space, The Home Boasts 5+1 Bedrooms, 8 Bathrooms & Is Set On A Sprawling Half-Acre Corner Lot. Designed To Impress, The Grand 2-Storey Foyer Introduces A Home That Effortlessly Blends Elegance With Functionality. The Main Floor Includes A Formal Office With A Gas Fireplace, A Formal Dining Room With A Servery, And A Stunning Great Room With Soaring Two-Storey Ceilings. A Spacious Family Room, Intimate Home Study, And A Luxurious Main Floor Bedroom With An Ensuite Offer The Ultimate In Refinement. The Chef's Kitchen Is A True Masterpiece, Featuring Calacatta Quartz Countertops, Top-Tier S/S Appls & An Oversized Waterfall Island. With A Convenient Butlers Pantry & A Double-Door Walkout To The Covered Patio, This Space Is Perfect For Both Family Gatherings & Entertaining Guests. The Upper-Level Features 4 Spacious Bedrooms, Each With Its Own Private Ensuite. The Primary Bedroom Is A True Retreat, With A Private Balcony Overlooking The Meticulously Landscaped Backyard, A Stunning Walk-In Closet With Custom Built-Ins & A Spa-Inspired 5-Piece Ensuite. The Newly Renovated Laundry Room & Coffee Bar Add An Extra Layer Of Opulence. The Finished Lower Level Is An Entertainers Dream, Featuring A Custom Wet Bar, A Wine Cellar, A Home Theatre Area & A Fully Equipped Home Gym. An Elevator Provides Seamless Access To All Three Levels, While Heated Flooring And Built-In Ceiling Speakers Throughout The Home Enhance Comfort And Convenience. The Exterior Of The Property Is Equally Impressive, With A Meticulously Manicured Front Yard, A Circular Driveway Offering 10 Parking Spaces, And A Three-Car Garage. The Private Backyard Features Mature Trees, Lush Greenery And Boasts A Covered Patio With B/I BBQ & Fireplace.


Property Details

Style2-Storey
View-
Age of property-
SqFt~5000+ SqFt
Lot Size23,164 SqFt(190 x 121.92)
Parking Spaces13
MLS ®NumberW11825177
Community NameClarkson-Lorne Park
Data SourceTRREB
Listing byRE/MAX REALTY ENTERPRISES INC.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Finished, Walk-Up

Bsmt Floor

Rec

17.57 x 7.02

Built-In Speakers / Wet Bar / Heated Floor


Features

Lot size: 23,164 SqFt

Parking

Garage spaces 3

Garage type Built-In

Other parking spaces 10

Total parking spaces 13


Property listed by RE/MAX REALTY ENTERPRISES INC., Brokerage

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Market Data - Clarkson-Lorne Park

Strong Buyer's Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

48 days

Compared to

2023

43 days

2022

20 days

2021

25 days

New Listings

Past 30 days

74 listings

Compared to

2023

65 listings

2022

25 listings

2021

27 listings

Units sold

Past 30 days

6 units

Compared to

2023

7 units

2022

9 units

2021

17 units

Median Sold Price

Past 30 days

$2,123,000

Compared to

2023

$1,800,000

2022

$2,100,000

2021

$2,340,000


Population and Demographics

Overview

Total population 36356
Average household income $195,497

Age (%)

50 to 64
23%
0 to 19
22%
65 and plus
19%
35 to 49
19%
20 to 34
18%

Household composition (%)

Single family
74%
Single person
22%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
74%
Polish
4%
Others
3%
Mandarin
3%
Arabic
3%
Spanish
2%
Urdu
2%
Tagalog (Pilipino, Filipino)
2%
Portuguese
1%
French
1%

House tenancy (%)

Owners
77%
Renters
23%

Schools and amenities

Estimated Budget