$2,899,000 - 645 Cranleigh Court, Mississauga
Detached for Sale in Mississauga
127 days on marketNeighbourhood: Lorne Park
- MLS Number
- W12837142
- Property Type
- Detached
- Status
- active
- Days on Site
- 127
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
Nestled in a sunlit cul-de-sac on a wide premium lot, surrounded by iron fence. this stunning 5600 sq. ft. executive home in the prestigious Watercolours by Mattamy offers luxurious living with extensive upgrades. Featuring hardwood floor on the Main floor and Granite In the Hallways, a main-floor office and laundry room, and 4+1 spacious bedrooms with 4.5 baths, this home is designed for both comfort and elegance.The primary suite boasts a spa-like 5-piece ensuite with jet bathtub, with brand new flooring in all bedrooms, while the bright and airy chefs kitchen is equipped with stainless steel appliances, custom cabinetry, and a walkout to the backyard. The fully finished basement is an entertainers dream, complete with a wet bar, island, additional bedroom, and a 3-piece bath. Treed Back yard for privacy and the front yard offers a 4+ car driveway, and the home is conveniently located near the QEW, lake, restaurants, 5 minutes to Port Credit, shopping, and more.A rare opportunity to own a sophisticated home in one of Lorne Parks most sought-after neighborhoods!
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Estimated Payment
$12,823.25/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.
645 Cranleigh Court, 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 $580/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 127 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 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 5 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.