Detached House for sale at 1503 Indian Grve, Mississauga, Ontario, L5H 2S5 - Lorne Park - MLS: W12334441

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1503 Indian Grve

Mississauga, Ontario, L5H 2S5 - Lorne Park

$1,499,000

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Neighbourhood

Lorne Park
Major Intersection

Mississauga Rd & Indian Rd

Listed Since: 43 day(s)
Last update: today

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Overview

Property Type

Detached, Bungalow
Bedrooms

3 + 2
Bathrooms

2
Basement

Finished + Full
Kitchen

1
Total Parking

6
Lot Size

39.75x276 (Feet)
Taxes

$9,490.87 (2025)
Type

Freehold

Property Description

Property description for 1503 Indian Grve, Mississauga

Calling all buyers, builders, and investors to this incredible opportunity in the highly sought-after Lorne Park neighbourhood! Situated on a premium 39.75 x 276 ft lot, this charming bungalow features 3+2 bedrooms and 2 bathrooms, making it perfect as a starter home, investment property, or the site of your future dream build. Located in one of Mississauga's most desirable school districts, this property offers more than just land, it offers lifestyle.Enjoy being in a well-established, family-friendly community known for its mature trees, quiet streets, and close proximity to some of the area's best-kept gems. Enjoy being just minutes from the QEW, 403, Port Credit GO Station, and Downtown Toronto. You're also close to the University of Toronto Mississauga campus, top-rated schools, shopping malls, and everyday conveniences. Take a short stroll to discover local favourites like The Pump House Grille Co., Eva's Original Chimneys, and boutique shops and cafés that give the area its unique charm. Whether you're looking to live, renovate, or build, this is a rare chance to secure a large lot in one of Mississauga's most prestigious neighbourhoods.

Listed by SAM MCDADI REAL ESTATE INC.

Property details

MLS #

W12334441
Sq. Ft

700-1100
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Private
Garage

None
Total Parking

6
Family Room

Y
Den

Y
Exterior

Board & Batten
Fireplace

Y
Roof

Asphalt Shingle
Foundation

Poured Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

W12334441
Sq. Ft

700-1100
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Private
Garage

None
Total Parking

6
Family Room

Y
Den

Y
Exterior

Board & Batten
Fireplace

Y
Roof

Asphalt Shingle
Foundation

Poured Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 1503 Indian Grve, Mississauga

This property has been sold 10 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Neighbourhood Amenities & Points of Interest

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Local Real Estate Price Trends for Detached in Lorne Park

Active listings

Average Selling Price of a Detached

August 2025

$2,230,708

Last 3 Months

$2,304,802

Last 12 Months

$2,479,304

August 2024

$2,394,683

Last 3 Months LY

$2,331,492

Last 12 Months LY

$2,331,198

Change

-7%

Change

-1%

Change

Historical Average Selling Price of a Detached in Lorne Park

Average Selling Price

3 years ago

$2,201,625

Average Selling Price

5 years ago

$2,254,091

Average Selling Price

10 years ago

$1,224,345

Change

-1%

Change

82%

How many days Detached takes to sell (DOM)

August 2025

Last 3 Months

Last 12 Months

August 2024

Last 3 Months LY

Last 12 Months LY

Change

-43%

Change

-10%

Change

31%

Average Selling price

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Purchase Price

First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.