36 days on Market

718 Balboa Dr, Mississauga, Ontario L5H 2V6

Detached
4 + 1
8
~3500-5000 sqft
$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 Market36 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
Listing bySAM MCDADI REAL ESTATE INC.

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 listed by SAM MCDADI REAL ESTATE 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