Detached House sold at 550 Vanessa Crescent, Mississauga, Ontario, L5H 2N3 - Lorne Park - MLS: W13675740

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550 Vanessa Crescent

Mississauga, Ontario, L5H 2N3 - Lorne Park

$3,150,000$000000

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Neighbourhood

Lorne Park
Major Intersection

Indian Rd/Mississauga Rd

Listed Since: 83 day(s)
Last update: 70 day(s) ago

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Overview

Property Type

Detached, 2-Storey
Bedrooms

5 + 1
Bathrooms

5
Basement

Sep Entrance + Walk-Up
Kitchen

1
Total Parking

9 (3 Attached Garage)
Lot Size

85x125 (Feet)
Taxes

$25,361.00 (2025)
Type

Freehold

Property Description

Property description for 550 Vanessa Crescent, Mississauga

A rare offering of exceptional architectural distinction, this custom-built residence by renowned David Small Designs represents an extraordinary standard of luxury in prestigious Lorne Park, one of South Mississauga's most coveted communities. Commanding an impressive 85 x 125 ft corner lot, this newly built estate showcases approx. 5,860 sq. ft. of exquisitely finished living space with 5+1 bedrooms, 7 luxurious bathrooms and a 3-car garage. From the moment you enter, soaring 10-ft ceilings on the main and lower levels, grand proportions, refined architectural detailing and beautifully curated finishes create an atmosphere of understated elegance. Every element has been thoughtfully considered for sophisticated entertaining and elevated everyday living. At the heart of the residence is a showpiece gourmet kitchen appointed with sleek quartz countertops and premium Gaggenau appliances, combining exceptional functionality with contemporary sophistication. A private residential elevator connecting the basement through the second floor adds a remarkable level of convenience and exclusivity. The professionally finished lower level extends the home's impressive living and entertaining space and includes an additional bedroom and bathroom, complemented by a private walk-up to the outdoors. The striking corner setting is enhanced by meticulously landscaped grounds, exceptional privacy and commanding curb appeal, creating a distinguished estate presence. Ideally positioned moments from Lake Ontario, Port Credit, prestigious golf clubs, exceptional parks and top-rated schools including Mentor College, with convenient access to the QEW, fine dining, shopping and the waterfront. A residence of this calibre is more than a home; it is a statement of architecture, craftsmanship and sophisticated luxury, offering a rare opportunity to own a signature estate in prestigious Lorne Park.

Listed by RE/MAX GOLD REALTY INC.

Property details

MLS #

W13675740
Sq. Ft

3500-5000
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

n/a
Garage

Attached, 3 spaces
Total Parking

9
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

Y
Roof

Asphalt Shingle
Foundation

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 #

W13675740
Sq. Ft

3500-5000
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

n/a
Garage

Attached, 3 spaces
Total Parking

9
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

Y
Roof

Asphalt Shingle
Foundation

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 550 Vanessa Crescent, Mississauga

This property has been sold 7 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

Estimated price

Date

Price

Change

2026-08-14

$3,359,474

-3.67%

Local Real Estate Price Trends for Detached in Lorne Park

Active listings

Average Selling Price of a Detached

October 2026

$2,211,093

Last 3 Months

$2,257,864

Last 12 Months

$2,260,701

October 2025

$2,117,238

Last 3 Months LY

$2,123,575

Last 12 Months LY

$2,389,072

Change

-5%

Historical Average Selling Price of a Detached in Lorne Park

Average Selling Price

3 years ago

$2,392,539

Average Selling Price

5 years ago

$2,541,152

Average Selling Price

10 years ago

$1,398,203

Change

-8%

Change

-13%

Change

58%

Number of Detached Sold

October 2026

Last 3 Months

Last 12 Months

October 2025

Last 3 Months LY

Last 12 Months LY

Change

88%

Change

-30%

Change

-20%

How many days Detached takes to sell (DOM)

October 2026

Last 3 Months

Last 12 Months

October 2025

Last 3 Months LY

Last 12 Months LY

Change

11%

Change

Average Selling price

Inventory Graph

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Closing Cost Calculator

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Closing Cost Total for this property

Total Cash flow for purchasing this property

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.