$3,598,000 - 1143 Kane Road, Mississauga
Detached for Sale in Mississauga
46 days on marketNeighbourhood: Lorne Park
- MLS Number
- W13161142
- Property Type
- Detached
- Status
- active
- Days on Site
- 46
- Bedrooms
- 8
- Bathrooms
- 7
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE
Welcome to this extraordinary custom-built luxury residence in the prestigious Lorne Park school district. Expertly crafted with impeccable attention to detail, this stunning home offers the perfect blend of elegance, sophistication, and modern family living.Step inside to soaring 13.5-ft ceilings in great room, wide-plank hardwood flooring and a thoughtfully designed open-concept layout ideal for both entertaining and everyday living. The spacious family and dining area is anchored by a sleek Urbana linear gas fireplace, creating a warm yet refined atmosphere.The designer chef's kitchen is a showpiece featuring premium appliances, custom cabinetry, a waterfall island, & an oversized walk-in pantry. A sophisticated formal living room offers flexibility as a home office or elegant sitting area, while the main floor bedroom w/private 3-pc ensuite is perfect for guests or multi-generational living. The functional mudroom includes garage access, & entry to the extra-wide double car garage.Enjoy seamless indoor-outdoor living w/covered porch featuring 9-ft cedar tongue-and-groove ceiling - perfect for relaxing or entertaining.Upstairs, 10ft ceilings, a skylight floods the hallway wnatural light. The luxurious primary retreat features designer LED lighting, accent wall, private balcony, oversized walk-in closet, & spa-inspired 5-pc ensuite. Three additional spacious bedrooms and two beautifully appointed full baths complete the upper level. Two furnaces provide year-round comfort and efficiency.The finished basement offers exceptional versatility w/two separate living areas. One features walk-up access, rough-in for kitchen, 2 bedrooms, den/exercise room, 3-pc bath, and rough-in sauna - ideal for an in-law suite or future apartment. The second area includes an additional living room, bedroom, and 3-pc bath.Located near top-rated schools, parks, marinas, restaurants, this exceptional residence offers luxury living in one of Mississauga's most sought-after communities.
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Estimated Payment
$15,915.17/mo
5-yr fixed avg.
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.
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
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.
1143 Kane Road, Mississauga
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1028/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 46 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 8 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 7 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.