524 Hancock Way, Mississauga, ON

$3,299,000
MLS#:W11928668
5 beds
5 baths
3500-5000 sqft
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Lorne Park. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $3,299,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 5 Bathrooms
  • Generous living space spanning 3500-5000 sqft on a premium 62.14 x 202.4 ft lot
  • Features a ["finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Ideally located in a quiet court on a premium lot. The private back yard gives a cottage in the city feeling. Walking distance to neighbourhood playground, vibrant Port Credit, shopping, restaurants, parks and the lake! Lorne Park Watercolours is a sought-after pocket of stately homes offering a quiet community with option to walk to the Port Credit vibe. This welcoming family home offers over 6550 sq ft of living space, including the lower level, with a great floor plan that easily transitions from work at home to entertaining family and friends. Spacious & inviting front living and dining rooms. Gorgeous custom kitchen features ample storage space, stone floors, centre island with seating for four, high-end appliances, leathered marble countertops and custom backsplash. The breakfast area has a built in desk/cabinets and walk out to stone patio. The great room is warmed by a double sided gas fireplace with a stunning stacked stone surround and built in shelves. Main floor office with built-in cabinets and fireplace. The second floor features four generously sized bedrooms, with the primary boasting a custom walk-in closet and spa-inspired bathroom with luxurious stand-alone jetted soaker tub. Bonus sitting area with views of the back yard. Walk down to the lower level and feel the warmth of the media and games area, anchored by a fireplace and designed with fun or relaxation in mind. Lower level complete with a climate controlled 1500 bottle wine room, gym, cold cellar and a fifth bedroom with full bathroom. The stunning fully fenced outdoor oasis has something for everyone with saltwater concrete pool, spill-over hot tub, greenspace, dining and entertaining areas, gardens and a cabana/bar with running water and bar fridge. Outdoor lighting gives a warm ambience that welcomes friends and family into the evening. Custom additions and upgrades in 2009 makes this a unique Watercolours home.

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Key Features

Bedrooms
5
Bathrooms
5
Kitchens
1
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 10, 2025
Sold price information is available to members only
Listed Date1/16/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick, Stone
Lot Size62.14 × 202.4 Feet
CountyPeel
Annual Tax$17,323
Legal DescriptionPlan M1468 LOT 89

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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524 Hancock Way, Mississauga, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 524 Hancock Way, Mississauga, ON L5H 4L5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$2,639,200
Monthly Mortgage$15,335
Property Tax (Est.)$1,444
Utilities & Maint.$350
Total Monthly Cost$17,129

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Mississauga.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Lorne Park, Mississauga.

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$2,475,469

People & Families

Age Distribution

Household Composition

One-person households
22%
Families with children
48%
Couples without children
24%
Other households
6%

Top Ethnic Origins

Indian20%
Chinese10%
Canadian9%
English8%

Local Schools Guide

Elementary Schools

Tecumseh
Public1480 Chriseden Drive, Lorne Park, Mississauga, Ontario, L5H 1V4
6.8
St Luke
Public1280 Cobalt Street, Lorne Park, Mississauga, Ontario, L5H 4L8
7.4
St Christopher
Public1195 Clarkson Road North, Clarkson, Mississauga, Ontario, L5J 2W1
7.4
St Jerome
Public790 Paisley Boulevard West, Cooksville, Mississauga, Ontario, L5C 3P5
5.6
Hawthorn
Public2473 Rosemary Drive, Erindale, Mississauga, Ontario, L5C 1X1
7.1

Secondary Schools

Lorne Park SS
PublicLorne Park, Mississauga, Ontario
7.6
St. Martin
Catholic2470 Rosemary Drive, Erindale, Mississauga, Ontario, L5C 1X2
4.9
Erindale SS
PublicErindale, Mississauga, Ontario
6.2
Clarkson SS
PublicClarkson, Mississauga, Ontario
4.6
ISNA High School
Public2200 South Sheridan Way, Clarkson, Mississauga, Ontario, L5J 4J8
8.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied72%
Rented28%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.