1206 Mount Vernon Street, Mississauga, ON

$2,729,000
MLS#:W12313508
4 beds
5 baths
3500-5000 sqft
8.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 5, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Lorne Park. Expertly crafted featuring premium stucco (plaster) and stone construction, this residence presents an exceptional opportunity offered at $2,729,000 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 5 Bathrooms with 2 functional kitchens
  • Generous living space spanning 3500-5000 sqft on a premium 64.96 x 125 ft lot
  • Features a full, finished 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: Other, Storage
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Excellent Opportunity to Own, Priced with Intention and Delivering Standout Value in a Coveted Neighbourhood! Welcome to 1206 Mount Vernon St, an exquisite sanctuary offering 4 bedrooms, 5 bathrooms, and an array of lavish amenities throughout its approx. 5,900 sq ft interior. Upon entering, a flood of natural light welcomes you into the grand foyer adorned with porcelain tile floors and soaring ceilings. Follow the hallway to discover 'the heart of the home' where state-of-the-art stainless steel appliances glisten against sleek granite countertops, a sprawling centre + peninsula island. This kitchen is truly a culinary masterpiece that is sure to delight even the most discerning of chefs and connects to the breakfast area, overlooking the lush backyard through expansive windows. The private backyard oasis offers a tranquil space with meticulous landscaping boasting stone interlocking, a cabana, and an inground swimming pool + hot tub, offering a resort-like experience in your own backyard. The dining room was curated for a sophisticated dining experience with loved ones and opens up to the elegant living room with 18" vaulted ceilings, perfect to gather around after dinner. Retreat upstairs into the owner's suite, where you are met with an immaculate 5pc ensuite with a jacuzzi offering a spa-like experience, and a large walk-in closet. 3 more spacious bedrooms with ensuites/semi-ensuites are located down the hall, each bedroom is adorned with touches and thoughtful details to ensure comfort and style. Completing the interior is the finished basement with a large rec area, a theatre, gym, wine cellar, a secondary kitchen, and a 3pc bath. Spectacular neighbourhood with a plethora of esteemed public and private schools and amenities, including Port Credit and Clarkson Village's charming restaurants/boutiques, Rattray Marsh Conservation Area + a quick commute to downtown Toronto via GO Train or the QEW + more!

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Property Summary

This detached home located at 1206 Mount Vernon Street, Mississauga is currently for sale and has been available on SousaSells for 354 days. This property is listed at $2,729,000 with an estimated mortgage of $9,084* per month. It has 4 beds, 5 bathrooms, and is 3500-5000 square feet. 1206 Mount Vernon 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
5
Kitchens
2
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 18, 2025
Sold price information is available to members only
Listed Date7/29/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionStucco (Plaster), Stone
BasementFull, Finished
Lot Size64.96 × 125 Feet
CountyPeel
Annual Tax$16,893.34
Legal DescriptionPT LT 100, PL 43M1565 DES AS PT 12, 43R27966; T/W DRAINAGE EASEMENT OVER PTS 10 TO 15, 43R25189 AS IN RO1049436. (PARTIALLY RELEASED BY PR47104) S/T EASEMENT IN FAVOUR OF CANADIAN NATIONAL RAILWAY COMPANY OVER LT 100, PLAN 43M1565 AS IN PR478998. S/T RIGHT TEN (10) YEARS FROM 2004 08 12 OR THE DATE OF COMPLETE ASSUMPTION OF THE SUBDIVISION WORKS AND SERVICES BY THE CORPORATION OF THE CITY OF MISSISSAUGA AND THE REGIONAL MUNICIPALITY OF PEEL, AS IN PR696730. CITY OF MISSISSAUGA

Parking & Garage

Parking Total8.0
Parking Space6
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

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

Interior Features

Other, Storage

Security Features

Alarm System, Carbon Monoxide Detectors

Community Features

Virtual Tours

Location

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1206 Mount Vernon 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 1206 Mount Vernon Street, Mississauga, ON L5H 4M3

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$818,700 (30.0%)
* Minimum Canadian down payment required for this price is $545,800.
Amortization Period30 Years
Estimated Monthly Payment$9,084Based on a loan of $1,910,300 over 30 years.
Purchase Price$2,729,000
Loan Amount$1,910,300
Provincial Land Transfer Tax:$54,700
Total Estimated Closing Taxes:$54,700

About Purchasing a Home in Mississauga, ON

For a property listed at $2,729,000 in Mississauga, the legal minimum down payment is $545,800 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 $54,700 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 $54,700.

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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$2,780,951

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.