1498 Indian Road Sold 3 months ago

Mississauga, Lorne Park, L5H 1S7

$1,999,900$000000

Description

Listed by EXP REALTY.

Incredible opportunity in Lorne Park exceptionally large lot where you can take full advantage of recent zoning changes to add up to 4 units. VTB potentially on offer through a second mortgage with as low as 0% financing making mortgage qualification easier!This home offers multiple avenues of income, 3 + 2 bedroom bungalow have ~2,600 sq. ft. of space in a 5 bedroom, 3 bathroom house for yourself, or rent / Airbnb the fully self contained 2 bedroom basement apartment with its own entrance, laundry, kitchen, bathroom and 2 bedrooms. Huge, private premium backyard with the potential to add a large addition or a secondary dwelling. Located within walking distance to Mississauga's most desired schools. There is nothing to do here except move in and enjoy. This is one of those rare opportunities that do not come along very often, take advantage now.

Separate entrance to basement, 2 laundries, 2 fully self contained units can be easily opened for single family living, see attachments for more information on recent zoning changes

Location

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  • Address: 1498 Indian Road
  • Neighborhood: Lorne Park
  • City: Mississauga
  • State: Ontario
  • Postal Code: L5H 1S7

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Property Details

  • Property ID: W8115336
  • Property Price: $1,999,900
  • Style: Detached, Bungalow
  • Sq/Ft: 1500-2000
  • Rooms: 7+8
  • Bedrooms: 3+2
  • Bath: 3
  • Garages Spaces: 2
  • Garage: Attached
  • Parking Spaces: 6
  • Year Built: 31-50
  • A/C: Central Air
  • Basement: Apartment, Sep Entrance
  • Den: Y
  • Elevator: N
  • Exterior: Stucco/Plaster
  • Heating: Forced Air
  • Fireplace: Y
  • Taxes: $9,857.29 (2023)
  • Acreage: < .50 Acres
  • Lot: 265.56x60.41 (Feet) - Slightly Irregular

Room details and dimensions

Statistics for similar Detached homes in Lorne Park

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Detached homes in Lorne Park

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Detached homes in Lorne Park

Property History

This property has been sold 21 times before. To view this property's sale price history please sign in or register:


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  • Contact Manoj Kukreja

    Sales Representative, Re/max Premier Inc., Brokerage
    (647) 576 - 2100

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