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1549 Elite Road

Lorne Park, Mississauga

$2,260,000

Detached|Sidesplit
4 | 4 | 8
About this home

Welcome to 1549 Elite Road in prestigious Lorne Park, Mississauga, forested 100-foot lot offering both privacy and elegance. This completely renovated home features a modern open-concept design with soaring vaulted ceilings and seamless walkouts to a stunning 1,284 sq.ft. two-level wraparound deck, stunning inground pool surrounded by sleek and frameless glass fence offers both child safety and unobstructed views, ideal for entertaining or relaxing in style. The interior boasts exquisite finishes throughout, including newer flooring, and a chef-inspired kitchen equipped with a stainless steel Wolf 6-burner gas stove, built-in microwave, dishwasher, beverage fridge, and luxurious marble countertops. Ideal for the most discerning buyer. Enjoy the convenience of being steps from White oaks Park, the local library, and top-rated Lorne Park Secondary School. Complete with a beautifully landscaped yard, this property is truly one of a kind.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleSidesplit
Approx. Age51-99
Size2000-2500 sq. ft.
Property Tax$12,324
Lot Size100 ft x 129 ft
mls© NumberW12981758
Listed ByHOMELIFE LANDMARK REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$11,568
Property tax
$1,027
Heat allowance
$150
Housing costs
$12,745 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $452,000
25-yr amortization

Income needed

$392,000

gross annual household income

Payment at 4%
$9,510 / mo
Cash down
$452,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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