718 Balboa Drive, Mississauga, ON
Property no longer active
This property was sold on April 21, 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 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
Description
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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Property Summary
This detached home located at 718 Balboa Drive, Mississauga is currently for sale and has been available on SousaSells for 477 days. This property is listed at $5,099,850 with an estimated mortgage of $16,976* per month. It has 5 beds, 8 bathrooms, and is 3500-5000 square feet. 718 Balboa 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
Lake/Pond, Public Transit, Wooded/Treed, Park, Fenced Yard
Interior Features
Guest Accommodations, Sauna, Steam Room, Storage, Sump Pump
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Community Features
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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
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Mississauga, ON
For a property listed at $5,099,850 in Mississauga, the legal minimum down payment is $1,019,970 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 $113,971 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 $113,971.
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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.