1016 Queen Street, Mississauga, ON

$1,649,000
MLS#:W12118426
4 beds
3 baths
1500-2000 sqft
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Lorne Park. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,649,000 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.

  • 4 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 37.99 x 98.43 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Auto Garage Door Remote, In-Law Capability, Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Lorne Park Gem | 3+1 Bedroom Executive Home | Prime Family-Friendly Location. Welcome to this Impressive executive home nestled in the heart of Lorne Park one of Mississaugas most prestigious and family-oriented communities. This beautifully updated 3+1 bedroom residence features a custom-designed open-concept layout with hardwood floors throughout the main and upper levels. The chef-inspired kitchen showcases granite countertops, a large center island with breakfast bar, custom pantry, and extensive counter space. Complete with stainless steel appliances and a gas stove, this space is perfect for both everyday living and entertaining. Bright, open living and dining areas create a warm and inviting atmosphere, while the finished basement offers versatile space ideal for a teen retreat, in-law suite, or home office. Thoughtful upgrades include: Vaulted ceilings in the kitchen with Skylights for lots of natural light, California shutters, Stucco exterior (2017) Outdoor gas hookup and BBQ deck. Enjoy the ultimate family lifestyle just steps from top-rated schools, lakeside parks, tree-lined streets, and miles of scenic walking and biking trails. This move-in ready home combines luxury, comfort, and location dont miss your chance to call this Lorne Park beauty your own!

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Property Summary

This detached home located at 1016 Queen Street, Mississauga is currently for sale and has been available on SousaSells for 438 days. This property is listed at $1,649,000 with an estimated mortgage of $5,489* per month. It has 4 beds, 3 bathrooms, and is 1500-2000 square feet. 1016 Queen Street, Mississauga is in the Lorne Park neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 14, 2025
Sold price information is available to members only
Listed Date5/1/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionStucco (Plaster)
BasementFinished, Full
Lot Size37.99 × 98.43 Feet
CountyPeel
Annual Tax$8,226.38
Legal DescriptionPcl 8-1, Sec 43M1067, Lt8, Pl 43M1067

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Park, Public Transit, Rec./Commun.Centre, School, School Bus Route

Interior Features

Auto Garage Door Remote, In-Law Capability, Other, Water Heater

Security Features

Community Features

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Location

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1016 Queen Street, 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 1016 Queen Street W, Mississauga, ON L5H 4J7

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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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Mississauga.

Configure Loan Settings

Interest Rate4.00%
Down Payment$494,700 (30.0%)
* Minimum Canadian down payment required for this price is $329,800.
Amortization Period30 Years
Estimated Monthly Payment$5,489Based on a loan of $1,154,300 over 30 years.
Purchase Price$1,649,000
Loan Amount$1,154,300
Provincial Land Transfer Tax:$29,455
Total Estimated Closing Taxes:$29,455

About Purchasing a Home in Mississauga, ON

For a property listed at $1,649,000 in Mississauga, the legal minimum down payment is $329,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $29,455 for this transaction. As this listing is in Mississauga (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $29,455.

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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$2,782,453

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.