$5,890,000
Mississauga
1578 Spring Road, Mississauga (Lorne Park), Ontario, L5J1N3
This 5-bedroom, 6-bathroom home in Mississauga is for sale. It has been on the market 55 days, fresher than the Mississauga average of 58 days.
Resort-style living defines this extraordinary residence, where a spectacular outdoor retreat features an inground pool, covered heated patio, fully equipped stone outdoor kitchen, gas fireplace and a one-of-a-kind elevated terrace of approximately 1,000 sq. ft. with cedar gazebo overlooking the pool. Leathered-granite counters, gas BBQ, cooktop and sink, together with an outdoor media feature and three overhead gas heaters, create an exceptional setting for entertaining. The resort experience continues indoors on the spectacular walkout lower level, featuring a luxurious spa suite with sauna, rain shower and striking Cambria finishes, alongside radiant-heated Italian tile, 8-ft Kolbe doors, glass-enclosed walnut wine cellar, elegant refreshment bar with Dekton surfaces and premium appliances, fitness studio, purpose-built theatre and fifth bedroom.Offering over 7,000 sq. ft. of exquisitely finished living space, this exceptional home underwent an extensive, permitted, architect-designed renovation completed in 2024. The main level showcases rich hardwood flooring, multiple fireplaces and a chef's kitchen with granite surfaces, Wolf appliances, Sub-Zero refrigeration and a Miele dishwasher, complemented by an elegant servery with a second Miele dishwasher and under-counter bar refrigerator. A custom walnut executive office and thoughtfully designed pantry/laundry area enhance functionality. Upstairs, heated bathroom flooring, select Hunter Douglas PowerView motorized shades and custom detailing add comfort and refinement. Whole-home Vantage lighting, distributed audio, smart exterior systems, 14-camera surveillance, 24 kW Generac standby generator, Kinetico water treatment, two furnace and central air systems and a fully finished three-car garage complete this exceptional offering. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 55 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) has been listed for 55 days, which is 3 days fresher than the city average of 58. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $5,890,000, about 55.0× the local median household income of $107,000.
Carrying it typically needs a household income of about $1,150,523 (20% down, 25-yr amortization, stress-tested) — roughly 975% above the area median.
Source: Statistics Canada, 2021 Census (FSA L5J)
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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.