$2,000,000 - 551 Cochise Crescent, Mississauga
Detached for Sale in Mississauga
Neighbourhood: Lorne Park
- MLS Number
- W13635948
- Property Type
- Detached
- Status
- active
- Days on Site
- 19
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Mississauga
- Lot Size
- 12,561 sqft
- Listing Brokerage
- RE/MAX REALTY ENTERPRISES INC.
Nestled within a picturesque riverfront community surrounded by sprawling estate homes, this timeless bungalow is set on a spacious 100x125-foot corner lot in one of Lorne Park's most sought-after neighbourhoods. Blending classic design with thoughtful modern updates, this home offers the charm and privacy of an established community with unique flexibility to customize and move in, renovate, expand, or redevelop. Light oak hardwood floors flow throughout the bright, inviting main level. At the heart of the home is the beautifully updated kitchen, featuring porcelain countertops, a large centre island, hidden pantry storage and warm open wood shelving that perfectly balances style and function. Open to the kitchen, the welcoming family room features a cozy gas fireplace, creating the perfect gathering space for everyday living and entertaining. Start your mornings watching the sunrise from the airy dining room, complete with a walk-out to the deck, a spiral staircase to the lower level, vaulted ceilings and striking arched windows overlooking the mature, private backyard. A versatile front room offers the flexibility to serve as a home office, den or additional bedroom, complete with a rough-in for a future bathroom.The primary suite features hardwood floors, a walk-in closet and a 4-piece ensuite, while two additional bedrooms provide comfortable accommodation for family or guests. The partially finished walk-out lower level offers outstanding potential, already featuring a 4th bedroom and bathroom, with ample space to create additional living areas, a custom recreation room or an in-law or secondary suite with its own separate entrance. Located in the heart of Lorne Park, you'll enjoy top-rated schools, parks, trails, lake front amenities and convenient access to Mississaugua Golf and Country Club, Clarkson GO, Port Credit GO & QEW. A rare opportunity to secure a premium property in one of Mississauga's most desirable neighbourhoods and make it your own.
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Estimated Payment
$8,846.67/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.
551 Cochise 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
Premium Pricing
At $1333/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.
Market Position
At 19 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.