2 days on Market

718 Balboa Dr, Mississauga, Ontario L5H 2V6

$5,488,000
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Detached
4 + 1
8
~3500-5000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,333/sqft

Est. Mortgage$23,569/mo

Tax Amount (2024)$15,689/yr

Days On Market2 days


Description

Welcome to Lorne Park's newest contemporary estate nestled on a tree-lined court and offering over 7,100 square feet of luxury living space. Upon entering, you're immediately met with an elegant open concept floor plan with expansive windows at every turn boasting wide plank oak hardwood floors, 10 ft tray ceilings with illuminated lighting, LED pot lights, built-in speakers and chic chandeliers throughout. A striking 7 ft linear ethanol fireplace serves as the focal point, meticulously dividing the family and dining rooms, where refined evening soirees can be held. Curated for every culinary enthusiast, the grand chef's gourmet kitchen boasts an oversize centre island with sleek porcelain countertops, high-end stainless steel appliances, and unobstructed views of the living areas with direct access to your covered backyard patio. For more intimate or specialized cooking events, a private spice kitchen is discreetly located just around the corner. Ascend upstairs via the private elevator, conveniently accessible to all levels, and discover the Owners private sanctuary with a boutique inspired custom walk-in closet and private terrace overlooking the backyard oasis. A spa-like 5pc ensuite compliments the owners suite and is adorned with heated porcelain floors, a soaker tub, his and her sinks, and a steam shower. 3 more prodigious bedrooms on this level each with walk-in closets and ensuites, including a second primary bedroom with private terrace and a 3pc ensuite with heated floors. The walk-up basement with radiant heated floors is an entertainer's dream, offering unmatched amenities which include: built-in speakers, a wet bar, a wine cellar, a gym with a 3pc bathroom and sauna, a 2-tiered movie theatre, a nanny suite, and a secondary laundry room with pet station. The amenities extend to the meticulously landscaped and private backyard oasis designed with a built-in kitchen, a salt water lap pool with 7ft depth, and stone interlocking.


Property Details

Style2-Storey
View-
Age of property-
SqFt~3500-5000 SqFt
Lot Size10,080 SqFt(126 x 80)
Parking Spaces8
MLS ®NumberW10430002
Community NameClarkson-Lorne Park
Data SourceTRREB

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Fin W/O, Full

Main Floor

Kitchen

5.01 x 7.66

B/I Appliances / Stone Counter / W/O To Patio

Breakfast

4.93 x 2.65

Coffered Ceiling / Led Lighting / O/Looks Backyard

Dining

2.36 x 5.32

2 Way Fireplace / Led Lighting / Built-In Speakers

Living

7.49 x 7.01

Coffered Ceiling / Pot Lights / Hardwood Floor


Features

Lot size: 10,080 SqFt
Pool: Inground

Parking

Garage spaces 2

Garage type Built-In

Other parking spaces 6

Total parking spaces 8


Property History

Now
ListedFor Salefor$5,488,000Active
2 days on market
Listing by trreb®
history photo preview40
Nov 19, 2024
ListedFor Salefor$5,888,000Terminated
Stayed 103 days on market
Listing by trreb®
history photo preview40
May 25, 2019
ListedFor Salefor$1,298,800Sold for$•••,•••
Stayed 10 days on market
Listing by trreb®
history photo preview4
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Property listed by SAM MCDADI REAL ESTATE INC., Brokerage

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Market DataFor the past 30 days in Clarkson-Lorne Park

Median Selling Price

$1,830,000

43.53% more than GTA:

$1,275,000

Median Bidding

Underbidding - Trending to buyer market

-$73,000

GTA median: -$25,000

Median Number of Sales

56 sales

2791 sales less than GTA:

2847 sales

Median Number of Days on Market

26 days

5 days more than GTA:

21 days

Want more insights?Visit the Market Pulse


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