1314 Cermel Drive, Mississauga, ON
Property no longer active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 shingle and stone construction, this residence presents an exceptional opportunity offered at $2,079,000 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.
- 6 Bedrooms and 5 Bathrooms with 2 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 67.05 x 113.24 ft lot
- Features a apartment, finished with walk-out 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: Accessory Apartment, Auto Garage Door Remote, Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 1314 Cermel Drive. Nestled in prestigious Lorne Park, this meticulously maintained and thoughtfully updated family home offers a total of 3,853 sq. ft. of functional living space, including a separate entrance in-law suite - perfect for multigenerational living. Enjoy an enhanced living space designed by David Small, featuring a luxurious 5th bedroom primary retreat with 5-piece ensuite and walk-in closet. The main floor has been expanded to create a bright, open-concept layout anchored by a chefs kitchen with solid cherry wood cabinetry, granite countertops, a center island, and top-tier Wolf, Sub-Zero, and Miele appliances, seamlessly flowing into the spacious family room. A dedicated main floor office overlooks the backyard, ideal for work-from-home professionals. Additional upgrades include a welcoming stone-and-wood façade and expanded front hall storage for everyday convenience. Freshly painted and move-in ready, the home features 5+1 bedrooms, 4+1 bathrooms, and hardwood floors throughout. The fully finished basement apartment combines flexibility and modern style, featuring brand new vinyl flooring, a full-size contemporary kitchen with quartz countertops and stainless steel appliances, a spacious recreation room, den/bedroom, 3-piece bathroom, and laundry with new washer & dryer. Step outside to your private backyard oasis - perfect for entertaining or relaxing - with a saltwater inground pool, interlock stone patio, gazebo, and a large storage shed for all your outdoor gear. Excellent location. Enjoy close proximity to top ranking schools, major commuter routes including the QEW and GO, parks, trails, the lake, shopping and dining.
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Property Summary
This detached home located at 1314 Cermel Drive, Mississauga is currently for sale and has been available on SousaSells for 340 days. This property is listed at $2,079,000 with an estimated mortgage of $6,920* per month. It has 6 beds, 5 bathrooms, and is 2500-3000 square feet. 1314 Cermel Drive, Mississauga is in the Lorne Park neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Accessory Apartment, Auto Garage Door Remote, Carpet Free, Central Vacuum, Guest Accommodations, In-Law Suite, Water Heater
Security Features
Alarm System
Community Features
Virtual Tours
Location
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 1314 Cermel Drive, Mississauga, ON L5H 3V4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Mississauga.
Configure Loan Settings
About Purchasing a Home in Mississauga, ON
For a property listed at $2,079,000 in Mississauga, the legal minimum down payment is $415,800 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 $38,450 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 $38,450.
Similar Listings Nearby
City & Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Lorne Park, Mississauga.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Local Schools Guide
Elementary Schools
Secondary Schools
Homes & Housing
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
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.