1366 Aldo Drive, Mississauga

Price: $1,999,990

3 bedrooms, 2 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W13592172

Rare opportunity to own a traditional Lorne Park side-split situated on an impressive 93 x 168 ft lot at the end of a quiet private cul-de-sac. Surrounded by mature trees in one of Mississauga's most desirable neighbourhoods, this property offers exceptional potential for renovation, investment, or future redevelopment. The existing home features a functional 4-level layout, family-sized kitchen overlooking the family room, wood-burning fireplace, and a large greenhouse sunroom. Ideally located close to top-rated schools, parks, and amenities, this is a chance to secure a premium lot in a sought-after high-end community with tremendous long-term value.

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$1,999,990 - 1366 Aldo Drive, Mississauga

Detached for Sale in Mississauga

32 days on market

Neighbourhood: Lorne Park

3Beds
2Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
W13592172
Property Type
Detached
Status
active
Days on Site
32
Bedrooms
3
Bathrooms
2
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC.
Description

Rare opportunity to own a traditional Lorne Park side-split situated on an impressive 93 x 168 ft lot at the end of a quiet private cul-de-sac. Surrounded by mature trees in one of Mississauga's most desirable neighbourhoods, this property offers exceptional potential for renovation, investment, or future redevelopment. The existing home features a functional 4-level layout, family-sized kitchen overlooking the family room, wood-burning fireplace, and a large greenhouse sunroom. Ideally located close to top-rated schools, parks, and amenities, this is a chance to secure a premium lot in a sought-after high-end community with tremendous long-term value.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,846.63/mo

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5-yr fixed avg.

Principal: $1,599,992Interest: $1,053,997
Mortgage Amount$1,599,992
Total Interest$1,053,997
Est. Property Tax$1,417/mo
Total Cost$2,653,989

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

1366 Aldo Drive, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,900/mo
Range: $2,465 - $3,335
Cap Rate (ROI)
0.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,900
Maintenance Fees-$0
Property Tax (est.)-$1,417
Insurance (est.)-$417
Net Cash Flow+$1,066

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

Fair Market Value

At $1000/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.

Market Position

At 32 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.

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.

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    1366 Aldo Drive, Mississauga | $1,999,990 | Battaglia Team