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Listed 28 days ago

996 Cresthampton Lane

Lorne Park, Mississauga

$2,299,999

Detached|2-Storey
4 | 4 | 7
About this home

Nestled in the heart of prestigious Lorne Park, one of Mississauga's most sought-after family communities, this exceptional 4+1 bedroom 4 bathroom property offers the perfect blend of elegance, comfort, and lifestyle. Set on a quiet cul-de-sac on a sprawling corner lot, this beautifully maintained home boasts over 3,500 sq. ft. of living space, featuring tasteful hardwood floors, two gas fireplaces, custom kitchen, and updated bathrooms. The main floor is designed for both effortless entertaining and everyday family living, featuring generous principal rooms and windows that flood the home with natural light. The finished basement offers ample recreation space, a large bedroom with oversized windows, a full bath and storage to spare. Outside, escape to your own private backyard retreat-an entertainer's dream with a stunning in-ground concrete pool, expansive stone patio, and lush landscaping framed by mature trees for added privacy. Located in coveted Lorne Park, famous for its top-rated schools, mature tree-lined streets, and close proximity to the lake, parks, and amenities, this home offers an unparalleled lifestyle in a truly premier pocket of Mississauga.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. Age51-99
Size2500-3000 sq. ft.
Property Tax$13,471
Lot Size110.41 ft x 140.52 ft
mls© NumberW13539832
Listed ByRE/MAX ESCARPMENT 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%
$11,772
Property tax
$1,123
Heat allowance
$150
Housing costs
$13,045 / mo

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

Down payment20% · $460,000
25-yr amortization

Income needed

$401,000

gross annual household income

Payment at 4%
$9,679 / mo
Cash down
$460,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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