991 Indian Road, Mississauga, ON

$2,998,850
MLS#:W9230560
6 beds
4 baths
8.0 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 brick construction, this residence presents an exceptional opportunity offered at $2,998,850 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.

  • 6 Bedrooms and 4 Bathrooms
  • Premium 100 x 213 ft lot size
  • Features a finished with walk-out, full 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: Built-In Oven, In-Law Suite, Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome To This Executive Home In The Prestigious Lorne Park Community. This Gorgeously Updated 2-Storey Residence Offers Approximately 4,536 Sq Ft Of Total Living Space On A Private, Fully Fenced 100 X 213 Ft Lot. Boasting 5+1 Bedrooms And 4 Bathrooms, This Property Is Designed For Luxurious Family Living. Located Near Top-Rated Schools Such As Tecumseh Public School And Lorne Park Secondary School. Enjoy Nearby Amenities Including Port Credit & Clarkson Village, The Mississauga Golf & Country Club, And Lakefront Promenade Park. As You Enter, You'll Be Greeted By A Grand Foyer With Full-Height Millwork, Crown Molding, And Hardwood Flooring That Extends Throughout The Home. The Living Room Features Custom Full-Height Built-In Shelving, A Gas Fireplace With A Travertine Stone Surround, And Large Windows That Overlook Both The Front And Backyards. The Expansive Family Room, Complete With A Gas Fireplace And Large Windows, Opens To A Raised Composite Deck, Perfect For Both Intimate Gatherings And Large-Scale Entertaining. The Adjacent Chef's Kitchen, Updated In 2021, Features High-End Stainless-Steel Appliances, Quartz Countertops, And Custom Cabinetry, Providing Both Functionality And Elegance. The Adjacent Dining Room Exudes Elegance With Its Chandelier, Full-Height Millwork, And A Large Window That Offers Views Of The Backyard. The Primary Bedroom Is A True Retreat, Offering A 5-Piece Ensuite With A Deep Soaker Tub And Custom-Built Cabinetry. 4 Additional Bedrooms Are Spacious And Thoughtfully Designed With Built-In Shelving And Large Windows. The Finished Lower Level Is Ideal For Entertaining, Featuring A Recreation Room With A Wet Bar, A Sixth Bedroom, A 3-Piece Bathroom, And A Walkout To The Covered Porch. The Backyard Oasis Is Perfect For Relaxation, Featuring An Inground Pool, Mature Trees, A Stone/Brick Walkway, And A Garden Shed. The Landscaped Front Yard Includes A 6-Car Driveway And A 2-Car Garage, Providing Ample Parking And Storage.

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Property Summary

This detached home located at 991 Indian Road, Mississauga is currently for sale and has been available on SousaSells for 717 days. This property is listed at $2,998,850 with an estimated mortgage of $9,982* per month. It has 6 beds, 4 bathrooms, and is unknown square feet. 991 Indian Road, 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
4
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 25, 2024
Sold price information is available to members only
Listed Date7/29/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished with Walk-Out, Full
Lot Size100 × 213 Feet
CountyPeel
Annual Tax$15,004.39
Legal DescriptionLT 1, PL 781 ; S/T VS33818,VS34817,VS64592 MISSISSAUGA

Parking & Garage

Parking Spaces8.0
Garage Spaces6
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Built-In Oven, In-Law Suite, Water Heater

Security Features

Community Features

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Location

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991 Indian Road, 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 991 Indian Road, Mississauga, ON L5H 1R6

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$899,655 (30.0%)
* Minimum Canadian down payment required for this price is $599,770.
Amortization Period30 Years
Estimated Monthly Payment$9,982Based on a loan of $2,099,195 over 30 years.
Purchase Price$2,998,850
Loan Amount$2,099,195
Provincial Land Transfer Tax:$61,446
Total Estimated Closing Taxes:$61,446

About Purchasing a Home in Mississauga, ON

For a property listed at $2,998,850 in Mississauga, the legal minimum down payment is $599,770 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 $61,446 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 $61,446.

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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.