1016 Red Pine Crescent, Mississauga

Price: $1,998,000

5 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: W13233762

Welcome to Lorne Park - an established community known for exceptional homes, top-ranked schools, and a reputation built to last. This fully renovated 4+1-bedroom home offers over3,600 sq. ft. of finished living space, featuring a custom designer kitchen, hardwood flooring throughout, a finished lower level, and thoughtful upgrades at every turn. Just steps from Lorne Park Secondary School, the lakefront, and Jack Darling Park, this is a rare opportunity to own in one of Mississauga's most sought-after communities

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active
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$1,998,000 - 1016 Red Pine Crescent, Mississauga

Detached for Sale in Mississauga

Neighbourhood: Lorne Park

5Beds
4Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
W13233762
Property Type
Detached
Status
active
Days on Site
29
Bedrooms
5
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Mississauga
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Welcome to Lorne Park - an established community known for exceptional homes, top-ranked schools, and a reputation built to last. This fully renovated 4+1-bedroom home offers over3,600 sq. ft. of finished living space, featuring a custom designer kitchen, hardwood flooring throughout, a finished lower level, and thoughtful upgrades at every turn. Just steps from Lorne Park Secondary School, the lakefront, and Jack Darling Park, this is a rare opportunity to own in one of Mississauga's most sought-after communities

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,837.83/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,598,400Interest: $1,052,948
Mortgage Amount$1,598,400
Total Interest$1,052,948
Est. Property Tax$1,415/mo
Total Cost$2,651,348

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Lorne Park

Mississauga's Premier Address

Lorne Park is widely regarded as one of Mississauga's most prestigious neighbourhoods. Known for its large lots, mature trees, and stately homes, this established community offers a peaceful, upscale living environment. The area features a mix of renovated heritage homes and impressive new builds, all set along winding, tree-canopied streets.

Why Live in Lorne Park

  • Large lots with mature trees and established gardens
  • Prestigious address with strong property values
  • Close to Lake Ontario and waterfront parks
  • Excellent public and private schools
  • Safe, quiet residential streets

Nearby Schools

Lorne Park Secondary SchoolPublic High School
Applewood Heights Secondary SchoolPublic High School
Lorne Park Public SchoolPublic Elementary
McKinnon Public SchoolPublic Elementary

Transit & Commuting

  • Clarkson GO Station nearby
  • MiWay bus routes along Lakeshore Road
  • Easy access to QEW and Highway 403
  • 20-minute drive to Toronto Pearson Airport

Parks & Amenities

  • Rattray Marsh Conservation Area
  • Jack Darling Memorial Park
  • Lorne Park Library
  • Private tennis and country clubs
  • Lakefront walking trails

Lifestyle & Community

Lorne Park offers a refined, private lifestyle with access to nature and waterfront amenities. Residents value the neighbourhood's exclusivity, excellent schools, and proximity to outdoor recreation. The area is ideal for families seeking space and quality of life.

45
Walk Score
$1.5M - $5M+
Price Range

1016 Red Pine Crescent, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,950/mo
Range: $3,358 - $4,543
Cap Rate (ROI)
1.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,950
Maintenance Fees-$0
Property Tax (est.)-$1,415
Insurance (est.)-$416
Net Cash Flow+$2,119

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $799/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 29 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Mississauga are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Mississauga.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Mississauga Market Insight

Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.

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    1016 Red Pine Crescent, Mississauga | $1,998,000 | Battaglia Team