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4 days on Market

718 Balboa Dr, Mississauga, Ontario L5H 2V6

Detached
4 + 1
8
~3500-5000 sqft
$5,099,850
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Detached
4 + 1
8
~3500-5000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,238/sqft

Est. Mortgage$21,902/mo

Tax Amount (2024)$15,689/yr

Days On Market4 days


Description

Nestled In The Prestigious Enclave Of Lorne Park, This Custom Estate Completed In 2024 Epitomizes Sophistication & Grandeur, Offering 4+1 Bdrms & 8 Baths. Step Inside To Soaring 10-Ft Ceilings On The Main & Lower Levels, Complemented By Bespoke Handmade Millwork, Italian Porcelain Finishes & Engineered Hdwd Flooring Throughout. The Grand Foyer Welcomes You W/ A Floating Glass-Railed Staircase, A Light-Up Feature Wall & A Handmade Glass Chandelier. An Entertainers Dream, The O/C Living & Dining Areas Boast A Double-Sided 7-Ft Ethanol Fireplace, B/I Speakers &A Designer Dry Bar W/ An Elite Series Dual-Zone Wine Cellar. The Gourmet Chefs Kitchen Is A Vision Of Sophistication, Showcasing A Sprawling Italian Porcelain Island, Integrated High-End Appliances, Champagne Gold Brass Accents & A Fully Equipped Butlers Pantry W/ A Gas Cooktop & Quartz Countertops. The Adjoining Family Room Is Adorned W/ A Custom Entertainment Center, Tailored Lighting & Floor-To-Ceiling Windows W/ Backyard Views. The Main-Floor Office Is A Refined Workspace Featuring, A B/I Display Case, Cove Lighting & Floor-To-Ceil Windows The Primary Retreat Is A Sanctuary Of Indulgence, Offering A W/O To A Large Balcony, A Spa-Like 5-Pc Ensuite W/ A Stone Sculpted Soaking Tub, Heated Quartz Flooring, A Glass-Enclosed Steam Shower & An Expansive W/I Closet W/ A Makeup Station. Each Addn'l Bedroom Is Equally Luxurious, Featuring Pvt 3-Pc Ensuites & Custom Closets. The Lower Level Is Designed For Entertainment & Relaxation, Boasting Heated Floors, A State-Of-The-Art Home Theatre, A Glass-Enclosed Gym W/ A Pvt Sauna, A Full-Sized Bar, A Great Room & A Nanny Suite. Outside, The Resort-Style Backyard Features A Heated Saltwater Pool, An Outdoor Kitchen, A Covered Patio & Lush, Mature Landscaping. Addn'l Highlights Include Control4 Smart Home Integration, An Elevator To All Levels, Triple-Pane Aluminum Windows & A Rough-In For A Heated Driveway. Located Near Top-Rated Schools, Golf Clubs, Port Credit & The QEW.


Property Details

Style2-Storey
View-
Age of property-
SqFt~3500-5000 SqFt
Lot Size10,201 SqFt(127.33 x 80.12)
Parking Spaces8
MLS ®NumberW12042973
Community NameClarkson-Lorne Park
Data SourceTRREB
Listing byRE/MAX REALTY ENTERPRISES INC.

Features

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

Main Floor

Living

7.49 x 7.01

Open Concept / Pot Lights / hardwood floor

Kitchen

7.72 x 5.04

Walk-Out / Breakfast Area / Built-In Speakers

Dining

5.32 x 2.36

2 Way Fireplace / Built-In Speakers / B/I Bar

Family

5.67 x 5.04

2 Way Fireplace / Pot Lights / Built-In Speakers


Features

Lot size: 10,201 SqFt
Pool: Inground

Parking

Garage spaces 2

Garage type Built-In

Other parking spaces 6

Total parking spaces 8


Property History

Mar 26, 2025
ListedActive
$5,099,850
4 days on market
history photo preview49
Listing by trreb®
Property listed by RE/MAX REALTY ENTERPRISES INC., Brokerage

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Market Data - Clarkson-Lorne Park

Geo Zone Map ThumbnailClarkson-Lorne Park

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

22 days

Compared to

2024

21 days

2023

36 days

2022

9 days

New Listings

Past 30 days

52 listings

Compared to

2024

44 listings

2023

28 listings

2022

47 listings

Units sold

Past 30 days

18 units

Compared to

2024

22 units

2023

13 units

2022

27 units

Median Sold Price

Past 30 days

$2,247,500

Compared to

2024

$1,470,000

2023

$1,771,000

2022

$2,375,000


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