$1,489,900 - 1538 Lorne Wood Road, Mississauga
Detached for Sale in Mississauga
New — Listed todayNeighbourhood: Lorne Park
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- MLS Number
- W14124236
- Property Type
- Detached
- Status
- active
- Days on Site
- 0
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Mississauga
- Taxes (2026)
- $11,086
- Listing Brokerage
- ROYAL LEPAGE REALTY PLUS
Welcome to Lorne Park, Mississauga's finest and most prestigious neighbourhood. This exceptional property offers a prime opportunity to build your own dream home on a stunning tree-draped lot that stretches almost 200 feet deep. Surrounded by towering mature trees, this massive property provides the perfect canvas for your custom architectural masterpiece, complete with private , park-like backyard. Location is everything, and this property delivers. Situated just steps from highly coveted Lorne Park schools, it is the ideal setting for growing families looking to secure a top-notch education for their children. Enjoy the perfect balance of peaceful, Muskoka-like privacy and urban convenience. You are only minutes away from the vibrant shops, cafes, and restaurants of Port Credit and Clarkson villages, scenic waterfront trails and beautiful lakefront parks. For commuters, travel is effortless with quick access to the QEW and multiple GO Transit stations, offering a fast and direct route into downtown Toronto. Whether you choose to renovate the existing 3-bedroom bungalow or construct a brand-new luxury residence, properties of this size and caliber in this specific pocket of Lorne Park are exceptionally rare. Do not miss this opportunity to invest in your family's future and create a legacy home in once of the GTA's most sought-after communities.
Estimate your monthly payments for this property
Estimated Payment
$6,590.33/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.
1538 Lorne Wood 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
Premium Pricing
At $1354/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.