1528 Knareswood Drive, Mississauga

Price: $1,899,900

6 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: W13592704

All Brick Bungalow Boasting 2810sqft above grade + 1710sqft basement = 4520sqft Total. This Spacious Home Features Hardwood Floors Throughout The Main Floor, 3 Fireplaces Total, 3 Baths on the Ground Level Plus Another Full Bath In The Basement, Coffered Ceilings in the Oversized Family Room with a B/I Drybar and R/I to Complete A Wetbar. A U-Shaped Kitchen With An Eat-In Breakfast Room & B/I Pantry Shelves. Most Windows Have Been Updated in 2013. Roof 2015 & Mansard 2014. This Property is Nestled into A Private, and Mature Neighborhood Bordering The Credit River. A Muskoka In The City Backyard Features a 20x40ft Inground Concrete Pool With Peace & Tranquility At The Top of The List. This Sun Drenched Backyard Faces Desirable South-West. Property Measures an Impressive 91 x 191ft. A Separate Side Entrance Into The Basement Walks Into A Large Rec Room, and 2 Additional Bedrooms Each With W/I Closets. An Extra-High Garage Ceiling Opens Up Premium Over Head Real Estate, Great For A Car Lift Or Additional Storage. Potential To Customize. Excellent School District, Parks & Port Credit Village Nearby. Welcome to Lorne Park.

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New Listing
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$1,899,900 - 1528 Knareswood Drive, Mississauga

Detached for Sale in Mississauga

New — Listed 6 days ago

Neighbourhood: Lorne Park

6Beds
4Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
W13592704
Property Type
Detached
Status
active
Days on Site
6
Bedrooms
6
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Mississauga
Lot Size
15,941 sqft
Listing Brokerage
REMAX YOUR COMMUNITY REALTY
Description

All Brick Bungalow Boasting 2810sqft above grade + 1710sqft basement = 4520sqft Total. This Spacious Home Features Hardwood Floors Throughout The Main Floor, 3 Fireplaces Total, 3 Baths on the Ground Level Plus Another Full Bath In The Basement, Coffered Ceilings in the Oversized Family Room with a B/I Drybar and R/I to Complete A Wetbar. A U-Shaped Kitchen With An Eat-In Breakfast Room & B/I Pantry Shelves. Most Windows Have Been Updated in 2013. Roof 2015 & Mansard 2014. This Property is Nestled into A Private, and Mature Neighborhood Bordering The Credit River. A Muskoka In The City Backyard Features a 20x40ft Inground Concrete Pool With Peace & Tranquility At The Top of The List. This Sun Drenched Backyard Faces Desirable South-West. Property Measures an Impressive 91 x 191ft. A Separate Side Entrance Into The Basement Walks Into A Large Rec Room, and 2 Additional Bedrooms Each With W/I Closets. An Extra-High Garage Ceiling Opens Up Premium Over Head Real Estate, Great For A Car Lift Or Additional Storage. Potential To Customize. Excellent School District, Parks & Port Credit Village Nearby. Welcome to Lorne Park.

Mortgage Calculator

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Estimated Payment

$8,403.90/mo

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5-yr fixed avg.

Principal: $1,519,920Interest: $1,001,250
Mortgage Amount$1,519,920
Total Interest$1,001,250
Est. Property Tax$1,346/mo
Total Cost$2,521,170

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

1528 Knareswood Drive, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,350/mo
Range: $3,698 - $5,003
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,350
Maintenance Fees-$0
Property Tax (est.)-$1,346
Insurance (est.)-$396
Net Cash Flow+$2,608

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 $760/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.

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.

Excellent Flexibility

With 6 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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    1528 Knareswood Drive, Mississauga | $1,899,900 | Battaglia Team