$2,688,850 - 535 Canyon Street, Mississauga
Detached for Sale in Mississauga
46 days on marketNeighbourhood: Lorne Park
- MLS Number
- W13537654
- Property Type
- Detached
- Status
- active
- Days on Site
- 46
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- RE/MAX REALTY ENTERPRISES INC.
Welcome To 535 Canyon Street, Nestled In The Watercolours Of Lorne Park Community In Mississauga. This 4 Bedroom, 4 Bathroom Home Offers Approximately 4,254 Square Feet Of Above Ground Living Space. A Double Door Entry Opens To A Two Storey Foyer With Tile Flooring. The Main Level Includes A Formal Living Room With A Gas Fireplace, Custom Hearth And Surround, A Large Picture Window, Hardwood Flooring, And Pot Lights, Along With An Adjoining Formal Dining Room Finished With Hardwood Flooring And A Chandelier. The Kitchen Features Custom Cabinetry, Granite Countertops, Stainless Steel Appliances, And A Centre Island, Opening To A Breakfast Area And Family Room With A Second Gas Fireplace And A Walk-Out To The Backyard. A Separate Home Office Includes A Backyard Facing Window With California Shutters. The Laundry And Mudroom Connect To The Garage, And A Two Piece Powder Room Completes This Level. Upstairs, A Solid Oak Staircase Leads To Four Bedrooms. The Primary Suite Includes A Bay Window With California Shutters, Broadloom Flooring With Upgraded Underpadding, A Walk-In Closet, An Additional Double Door Closet, And A Five Piece Ensuite With A Soaker Tub, Walk-In Shower, And Dual Vanities. A Second Bedroom Includes Its Own Four Piece Ensuite. Two Additional Bedrooms Share A Four Piece Bathroom, And A Linen Closet Completes This Level. The Lower Level Is Unfinished, With Rough-In Provisions For A Future Bathroom. A Double Car Garage And Private Driveway Offer Parking For Four Additional Vehicles. Outside, The Backyard Includes Mature Trees, An Irrigation And Lighting System, Landscaped Gardens, A Pergola, And A Water Feature. A Hot Tub Is Included With The Sale In As-Is Condition. Ideally Located, The Home Is Close To Lake Ontario, Port Credit, Clarkson Village, Parks, Golf Courses, The QEW, Highway 403, And Both Port Credit And Clarkson GO Stations, Within A Catchment Offering French Immersion, International Baccalaureate, Advanced Placement, And Fine Arts Programs.
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Estimated Payment
$11,893.69/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.
535 Canyon Street, 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
Competitive Pricing
At $768/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.
Negotiation Opportunity
At 46 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.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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 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.