$5,200,000 - 541 Arrowhead Road, Mississauga
Detached for Sale in Mississauga
Popular ListingNeighbourhood: Lorne Park
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- MLS Number
- W13772262
- Property Type
- Detached
- Status
- active
- Days on Site
- 10
- Bedrooms
- 5
- Bathrooms
- 7
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL EST
An extraordinary home with grand curb appeal nestled on a quiet street in prestigious Lorne Park. Offering 8,000+ sf. of luxurious living space, this exceptional residence combines timeless architecture & high end finishes, w/ a beautiful backyard retreat. From the moment you enter, the home makes a remarkable impression. The 2 storey foyer featuring a majestic staircase sets the tone for the elegance found throughout.The main level features a formal living room w/ an architectural vaulted dome ceiling, an elegant dining room w/ juliet balconies overlooking the gardens. Pass through the servery into the gourmet kitchen w/ high end appliances, centre island & eat-in breakfast area. The multi-purpose sitting room features a gas fireplace, built-in cabinetry & 20' coffered ceiling. The addition boasts a spacious sun-drenched family room w/ an abundance of windows & vaulted ceiling. A main floor office, powder room, & spacious mudroom provide add'l functionality.Upstairs, the primary suite offers a serene retreat complete w/ juliet balcony, fireplace, expansive walk-in closet/dressing room, & spa-inspired 5pc ensuite. Three additional bedrooms each w/ their own private ensuites & separate laundry room complete the level.The fully finished lower level w/ walkout offers lots of versatility & is well suited for a nanny suite or multigenerational living. The generous rec room features a wet bar & billiard area perfect for entertaining. An add'l bedroom w/ 4pc ensuite, potential 6th bedroom, 3pc bath & an abundance of storage. The backyard is truly a resort- like oasis. The meticulously landscaped grounds feature a stunning pool w/ waterfall, fire feature, cabana, outdoor shower, built-in barbecue, mini sports court & many different areas to entertain. The custom pergola w/ louvered roof is the perfect setting for multi-season dining.rare offering of luxury, timeless elegance & spectacular indoor-outdoor living.
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Estimated Payment
$23,001.35/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.
541 Arrowhead 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
Fair Market Value
At $1040/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.
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 5,000 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.
Excellent Flexibility
With 5 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 7 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.