535 Canyon Street, Mississauga

Price: $2,449,850

4 bedrooms, 4 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: W14112702

Welcome To 535 Canyon Street, Nestled In The Watercolours Of Lorne Park Community In Mississauga. This Home Was The Model Home In The Community With Many Builder Upgrades and An Incredible Layout featuring 4 Bedroom, 4 Bath & Approx 4,254 sqft Of Above Ground Living Space. A Double Door Entry Opens To A 2 Storey Foyer W/ Tile Flooring. The Main Level Includes A Formal Living Room W/ A Gas F/P, Custom Hearth & Surround, A Large Picture Window, Hardwood Flooring & Pot Lights, Along W/ An Adjoining Formal Dining Room Finished W/ Hardwood Flooring & A Chandelier. The Kitchen Features Custom Cabinetry, Granite Countertops, S/S Appliances & A Centre Island, Opening To A Breakfast Area & Family Room W/ A Second Gas F/p & A Walk-Out To The Backyard. A Separate Home Office Includes A Backyard Facing Window W/ California Shutters. The Laundry & Mudroom Connect To The Garage, & A 2-Pc Powder Room Completes This Level. Upstairs, A Solid Oak Staircase Leads To 4 Bedrooms. The Primary Suite Includes A Bay Window W/ California Shutters, Broadloom Flooring W/ Upgraded Underpadding, A Walk-In Closet, An Additional Double Door Closet & A 5-Pc Ensuite W/ A Soaker Tub, Walk-In Shower & Dual Vanities. A Second Bedroom Includes Its Own 4-Pc Ensuite. 2 Additional Bedrooms Share A 4-Pc Bath & 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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active
New Listing

$2,449,850 - 535 Canyon Street, Mississauga

Detached for Sale in Mississauga

New — Listed yesterday

Neighbourhood: Lorne Park

4Beds
4Baths
3,500 - 3,999Sq Ft
Detached

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Property Details
MLS Number
W14112702
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
4
Bathrooms
4
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Mississauga
Taxes (2026)
$18,081
Listing Brokerage
RE/MAX REALTY ENTERPRISES INC.
Description

Welcome To 535 Canyon Street, Nestled In The Watercolours Of Lorne Park Community In Mississauga. This Home Was The Model Home In The Community With Many Builder Upgrades and An Incredible Layout featuring 4 Bedroom, 4 Bath & Approx 4,254 sqft Of Above Ground Living Space. A Double Door Entry Opens To A 2 Storey Foyer W/ Tile Flooring. The Main Level Includes A Formal Living Room W/ A Gas F/P, Custom Hearth & Surround, A Large Picture Window, Hardwood Flooring & Pot Lights, Along W/ An Adjoining Formal Dining Room Finished W/ Hardwood Flooring & A Chandelier. The Kitchen Features Custom Cabinetry, Granite Countertops, S/S Appliances & A Centre Island, Opening To A Breakfast Area & Family Room W/ A Second Gas F/p & A Walk-Out To The Backyard. A Separate Home Office Includes A Backyard Facing Window W/ California Shutters. The Laundry & Mudroom Connect To The Garage, & A 2-Pc Powder Room Completes This Level. Upstairs, A Solid Oak Staircase Leads To 4 Bedrooms. The Primary Suite Includes A Bay Window W/ California Shutters, Broadloom Flooring W/ Upgraded Underpadding, A Walk-In Closet, An Additional Double Door Closet & A 5-Pc Ensuite W/ A Soaker Tub, Walk-In Shower & Dual Vanities. A Second Bedroom Includes Its Own 4-Pc Ensuite. 2 Additional Bedrooms Share A 4-Pc Bath & 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

$10,836.51/mo

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5-yr fixed avg.

Principal: $1,959,880Interest: $1,291,074
Mortgage Amount$1,959,880
Total Interest$1,291,074
Est. Property Tax$1,735/mo
Total Cost$3,250,954

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

535 Canyon Street, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,050/mo
Range: $3,443 - $4,658
Cap Rate (ROI)
0.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,050
Maintenance Fees-$0
Property Tax (est.)-$1,735
Insurance (est.)-$510
Net Cash Flow+$1,805

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 $700/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.

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.

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    535 Canyon Street, Mississauga | $2,449,850 | Battaglia Team