$1,998,000 - 521 Vanessa Crescent, Mississauga
Detached for Sale in Mississauga
61 days on marketNeighbourhood: Lorne Park
- MLS Number
- W13099044
- Property Type
- Detached
- Status
- active
- Days on Site
- 61
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- SAM MCDADI REAL ESTATE INC.
Welcome to 521 Vanessa Crescent, set on a rare and expansive 0.35-acre lot offering exceptional privacy and potential in the coveted enclave of Lorne Park. This well-maintained bungalow provides approx. 4,600 SF of total living space, where charm and comfort take precedence. Expansive windows fill the home with natural light, highlighting the formal living and dining rooms designed for effortless entertaining, featuring broadloom floors and a fireplace in the living room. The chef-inspired kitchen, illuminated by skylights and a dramatic wall of windows, anchors the home with warmth and architectural character. The family room showcases large picture windows, creating a bright, inviting space for daily living. It opens directly to a covered patio through expansive sliding glass doors, enhancing the connection to the private backyard. Elevated sightlines over the mature landscape create a bright, tranquil backdrop throughout the seasons. The main level also offers 4 spacious bedrooms and 3 baths, including a generous primary suite with a connected 4-piece ensuite. The walk-up lower level expands the living space with a large recreation room featuring a wood-burning fireplace, multiple flexible rooms ideal for an office, studio, gym, or guest suite, a full laundry room, extensive storage, and a cold room, making it perfect for multi-generational living or customized for a long-term rental opportunity. Outdoors, the deep, private backyard offers abundant opportunities for a pool, sport court, garden expansion, or future custom build. Additional features include an irrigation system, security cameras, and ample parking. Perfectly located just minutes from Port Credit, waterfront trails, marinas, top-rated Lorne Park schools, boutique shops, and dining, with easy access to the QEW, Hwy 403, and GO Transit, this is a rare opportunity to secure long-term potential in one of Mississauga's most prestigious communities.
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Estimated Payment
$8,837.83/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.
521 Vanessa Crescent, 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 $999/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 61 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Mississauga. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 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.