$1,688,000 - 1309 Martley Drive, Mississauga
Detached for Sale in Mississauga
New — Listed 5 days agoNeighbourhood: Lorne Park
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- MLS Number
- W13824176
- Property Type
- Detached
- Status
- active
- Days on Site
- 5
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Mississauga
- Lot Size
- 37,792 sqft
- Listing Brokerage
- KELLER WILLIAMS PORTFOLIO REALTY
2 SIDE BY SIDE MAGNIFICENT RAVINE LOTS tucked away in prestigious Lorne Park, South Mississauga. ALMOST 1 ACRE. LOCATED RIGHT AT THE END OF A QUIET DEAD-END STREET. WOW! This extraordinary estate property offers a HUGE LAND component, exceptional privacy and natural beauty. At the heart of it proudly sits a RANCH BUNGALOW WITH PRESENCE, built, owned and loved by the same family, backing & siding on to a breathtaking ravine setting. Two separate walkouts provide easy access to the outdoors, including one from the bright, full lower level, which features an oversized rec room with a cool bar - what a great spot for parties and family gatherings! Large windows flood the home with natural light, framing the gorgeous views. This home offers comfortable living for you to enjoy or the potential for rental income while you plan the next chapter. Let your imagination run wild! THE COMBINED LOTS HAVE A POTENTIAL ZONING ALLOWANCE FOR A 9,600+ SF CUSTOM HOME. You have the flexibility to move in, rent out, renovate, expand or build new. Whether you are downsizing looking for easier bungalow living, a builder envisioning a luxury custom residence, an investor seeking a premier landholding opportunity, or an end user ready to create a dream estate, 1309 Martley Dr. represents a truly rare opportunity in the heart of Lorne Park. Enjoy the best of Lorne Park living, with Lake Ontario's waterfront trails and beaches, Jack Darling Park, Port Credit's vibrant restaurants and cafés, excellent schools (including one just down the street) and convenient access to the QEW and GO Transit. An architect's preliminary report complete with conceptual renderings offers just one exciting example of the property's potential, including a stunning second-storey addition. Conceptual photos are AI-generated. All proposed development is subject to applicable local regulatory approvals.
Estimate your monthly payments for this property
Estimated Payment
$7,466.59/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.
1309 Martley Drive, 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
Premium Pricing
At $1535/sqft, this property is priced above the Mississauga average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Just Listed - Act Strategically
This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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.
About Lorne Park
I know Lorne Park well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.