$1,875,000
Mississauga
1268 Cermel Drive, Mississauga (Lorne Park), Ontario, L5H3V4
This 5-bedroom, 4-bathroom home in Mississauga is for sale. Listed at $1,875,000, it is attractively priced about 28% below the $2,600,000 median asking price in Mississauga.
Welcome to 1268 Cermel Drive, an exceptional residence nestled at the end of a secluded cul-de-sac in the prestigious Lorne Park neighbourhood. This rare and private setting offers the unique privilege of being the last home on the street, surrounded by mature trees and lush landscaping on a generously sized 70+ foot frontage lot. Expertly reimagined with a discerning eye, this 4+1 bedroom, 4 bathroom home has been meticulously renovated from top to bottom, showcasing an elevated standard of craftsmanship and design. Step into expansive, light-filled principal rooms adorned with refined finishes, elegant millwork, and premium materials throughout. At the heart of the home lies a bespoke chefs kitchen, complete with high-end appliances, a custom eat-in dining area, and direct walk-out to a private deck perfect for al fresco entertaining. Each bathroom has been transformed into a spa-like retreat, offering serenity and sophistication in equal measure. The primary suite is a true sanctuary, featuring a luxurious spa-inspired ensuite and a custom walk-in closet designed with both function and elegance in mind. The finished lower level offers a spacious and stylish extension of the home, featuring a custom bar with seating, a wine cellar, and a private bedroom with full bath ideal for guests or nanny quarters. A walk-out to the backyard and space for a dining area also make it well-suited for multi-generational living. Step outside to a picturesque and private backyard oasis, where mature landscaping, curated gardens, and soaring trees create a tranquil, retreat-like setting. The natural canopy provides exceptional privacy and a sense of being tucked away in the countryside offering a rare escape within the city. Located within the top-ranked Lorne Park school district and just minutes to the lake, parks, trails, shops, and restaurants, this home offers the perfect blend of tranquility and convenience with quick access to the QEW and GO for easy commuting. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 190 days on market, against an average age of 58 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 34 days on the market over the past year, against a median of 48 days across the markets we publish.
This 5-bed single family in Mississauga (Lorne Park) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,875,000, about 13.5× the local median household income of $139,000.
Carrying it typically needs a household income of about $366,253 (20% down, 25-yr amortization, stress-tested) — roughly 163% above the area median.
Source: Statistics Canada, 2021 Census (FSA L5H)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.