1497 Indian Grove, Mississauga, ON

$3,299,000
MLS#:W12092239
6 beds
5 baths
3500-5000 sqft
10.0 parking
Residential Freehold
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Property no longer active

This property was sold on June 17, 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 stone and stucco (plaster) 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.

  • 6 Bedrooms and 5 Bathrooms
  • Generous living space spanning 3500-5000 sqft on a premium 80 x 275 ft lot
  • Features a finished with walk-out, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Auto Garage Door Remote, Guest Accommodations
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Located in the prestigious Lorne Park community, this stunning executive home offers over 5,300 sq. ft. of refined living space with 5+1 bedrooms and 4.5 bathrooms, combining modern sophistication with timeless design. The open-concept layout is enhanced by vaulted ceilings (ranging from 9 to 14 ft), rich hardwood floors, and expansive windows that flood the space with natural light. The chefs kitchen is appointed with granite countertops, high-end stainless steel appliances, and seamless flow into the breakfast area and family room, ideal for both relaxed living and entertaining. Ascend upstairs to the luxurious primary suite complete with a spa-like 5-piece ensuite, spacious walk-in closet, and a cozy sitting area with an electric fireplace. Three additional bedrooms each offer ensuite or semi-ensuite access. An 11' x 12' den adds versatility, perfect as a 5th bedroom, office, or playroom. The fully finished lower level includes a private nanny/guest suite, a 3-piece bathroom, and a large recreation space with a walkout to the backyard oasis. Set on a 275-ft deep lot, the backyard features mature trees, a gunite inground pool with stone decking, a wooden entertaining deck, an expansive lawn, and two pergolas, an ideal space for entertaining or relaxation. Conveniently located near top-rated schools, University of Toronto Mississauga (UTM), waterfront parks, Port Credit, Clarkson Village, and with quick access to the GO Station and QEW for an easy downtown Toronto commute. This beautiful residence was renovated in 2018, refreshed in 2024 with new pot lights (basement), full interior/exterior painting, stained deck and front pergola, refreshed pool room and pergola, updated lighting fixtures, and painted garage interior and doors.

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Property Summary

This detached home located at 1497 Indian Grove, Mississauga is currently for sale and has been available on SousaSells for 454 days. This property is listed at $3,299,000 with an estimated mortgage of $10,981* per month. It has 6 beds, 5 bathrooms, and is 3500-5000 square feet. 1497 Indian Grove, 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
6
Bathrooms
5
Kitchens
1
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 17, 2025
Sold price information is available to members only
Listed Date4/19/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionStone, Stucco (Plaster)
BasementFinished with Walk-Out, Full
Lot Size80 × 275 Feet
CountyPeel
Annual Tax$21,318.54
Legal DescriptionLT 23, PL B17 ; MISSISSAUGA

Parking & Garage

Parking Spaces10.0
Garage Spaces8
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Wooded/Treed, Fenced Yard, Park, Greenbelt/Conservation

Interior Features

Auto Garage Door Remote, Guest Accommodations

Security Features

Carbon Monoxide Detectors, Security System

Community Features

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Location

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1497 Indian Grove, 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 1497 Indian Grove, Mississauga, ON L5H 2S5

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.

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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$989,700 (30.0%)
* Minimum Canadian down payment required for this price is $659,800.
Amortization Period30 Years
Estimated Monthly Payment$10,981Based on a loan of $2,309,300 over 30 years.
Purchase Price$3,299,000
Loan Amount$2,309,300
Provincial Land Transfer Tax:$68,950
Total Estimated Closing Taxes:$68,950

About Purchasing a Home in Mississauga, ON

For a property listed at $3,299,000 in Mississauga, the legal minimum down payment is $659,800 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 $68,950 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 $68,950.

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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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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.