718 Balboa Drive, Mississauga, ON

$5,099,850
MLS#:W12042973
5 beds
8 baths
3500-5000 sqft
8.0 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 stone construction, this residence presents an exceptional opportunity offered at $5,099,850 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 8 Bathrooms with 2 functional kitchens
  • Generous living space spanning 3500-5000 sqft on a premium 80.12 x 127.33 ft lot
  • Features a ["finished with walk-out"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Guest Accommodations, Sauna, Steam Room
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Nestled In The Prestigious Enclave Of Lorne Park, This Custom Estate Completed In 2024 Epitomizes Sophistication & Grandeur, Offering 4+1 Bdrms & 8 Baths. Step Inside To Soaring 10-Ft Ceilings On The Main & Lower Levels, Complemented By Bespoke Handmade Millwork, Italian Porcelain Finishes & Engineered Hdwd Flooring Throughout. The Grand Foyer Welcomes You W/ A Floating Glass-Railed Staircase, A Light-Up Feature Wall & A Handmade Glass Chandelier. An Entertainers Dream, The O/C Living & Dining Areas Boast A Double-Sided 7-Ft Ethanol Fireplace, B/I Speakers &A Designer Dry Bar W/ An Elite Series Dual-Zone Wine Cellar. The Gourmet Chefs Kitchen Is A Vision Of Sophistication, Showcasing A Sprawling Italian Porcelain Island, Integrated High-End Appliances, Champagne Gold Brass Accents & A Fully Equipped Butlers Pantry W/ A Gas Cooktop & Quartz Countertops. The Adjoining Family Room Is Adorned W/ A Custom Entertainment Center, Tailored Lighting & Floor-To-Ceiling Windows W/ Backyard Views. The Main-Floor Office Is A Refined Workspace Featuring, A B/I Display Case, Cove Lighting & Floor-To-Ceil Windows The Primary Retreat Is A Sanctuary Of Indulgence, Offering A W/O To A Large Balcony, A Spa-Like 5-Pc Ensuite W/ A Stone Sculpted Soaking Tub, Heated Quartz Flooring, A Glass-Enclosed Steam Shower & An Expansive W/I Closet W/ A Makeup Station. Each Addn'l Bedroom Is Equally Luxurious, Featuring Pvt 3-Pc Ensuites & Custom Closets. The Lower Level Is Designed For Entertainment & Relaxation, Boasting Heated Floors, A State-Of-The-Art Home Theatre, A Glass-Enclosed Gym W/ A Pvt Sauna, A Full-Sized Bar, A Great Room & A Nanny Suite. Outside, The Resort-Style Backyard Features A Heated Saltwater Pool, An Outdoor Kitchen, A Covered Patio & Lush, Mature Landscaping. Addn'l Highlights Include Control4 Smart Home Integration, An Elevator To All Levels, Triple-Pane Aluminum Windows & A Rough-In For A Heated Driveway. Located Near Top-Rated Schools, Golf Clubs, Port Credit & The QEW.

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Key Features

Bedrooms
5
Bathrooms
8
Kitchens
2
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 21, 2025
Sold price information is available to members only
Listed Date3/26/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionStone
Lot Size80.12 × 127.33 Feet
CountyPeel
Annual Tax$15,689.3
Legal DescriptionLOT 3 PLAN 683 TORONTO ; S/T TT152918,TT187330 MISSISSAUGA

Parking & Garage

Parking Spaces8.0
Garage Spaces6
Garage TypeBuilt-In

Heating & Cooling

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

Features

Property Features

Lake/Pond, Public Transit, Wooded/Treed, Park, Fenced Yard

Community Features

Location

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718 Balboa Drive, 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 718 Balboa Drive, Mississauga, ON L5H 2V6

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$4,079,880
Monthly Mortgage$23,706
Property Tax (Est.)$1,307
Utilities & Maint.$350
Total Monthly Cost$25,363

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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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.