Detached House for sale at 850 CANYON Street, Mississauga, Ontario, L5H 4L6 - Lorne Park - MLS: W12236053

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850 CANYON Street

Mississauga, Ontario, L5H 4L6 - Lorne Park

$2,429,000

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Neighbourhood

Lorne Park
Major Intersection

Mississauga Rd & Indian Rd

Listed Since: 9 day(s)
Last update: 8 day(s) ago

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Overview

Property Type

Detached, 2-Storey
Bedrooms

4 + 1
Bathrooms

5
Basement

Full + Finished
Kitchen

1
Total Parking

4 (2 Built-In Garage)
Lot Size

56.17x125.19 (Feet)
Taxes

$13,988.18 (2025)
Type

Freehold

Property Description

Property description for 850 CANYON Street, Mississauga

Welcome to this exceptional home nestled on a private corner lot in the exclusive Watercolours community. Surrounded by professionally landscaped, mature gardens, this property offers a tranquil and inviting atmosphere from the moment you arrive. The expansive backyard provides ample space to create designated areas for play, entertaining, or relaxation, the perfect canvas for your outdoor dreams. Inside, the spacious foyer opens to elegant formal living and dining areas ideal for hosting while the heart of the home lies in the open-concept kitchen and great room, where large windows overlook the gardens, filling the space with natural light. This is where casual family moments and effortless entertaining come together. Working from home is a pleasure with a main floor office featuring custom cabinetry and a built-in desk... the perfect blend of function and style. Upstairs, retreat to a luxurious primary suite complete with a large walk-in closet and spa-like ensuite featuring a jacuzzi tub and separate water closet. Three additional spacious bedrooms offer versatility: one includes a private ensuite, while the other two share a Jack & Jill bathroom, a thoughtful layout for growing families. The fully finished basement is a home in itself. Ideal for in-laws or a nanny, the suite includes a bedroom with a semi-ensuite (with another jacuzzi tub), a sitting area, and ample storage. The main lower level area features a cozy recreation room with a fireplace and custom built-ins along with a large flex room that can serve as a gym, studio, or hobby space complete with a sink and counter area ideal for art supplies or equipment.This is more than a house its a home that adapts to your lifestyle, supports multigenerational living, and offers the perfect blend of elegance, comfort, and opportunity.

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA

Property details

MLS #

W12236053
Sq. Ft

3000-3500
Sq. Ft. Source

MLS
Lot Irregularities

Y
Year Built

16-30
Pool

None
Drive

Pvt Double
Garage

Built-In, 2 spaces
Total Parking

4
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

Y
Roof

Asphalt Shingle
Foundation

Unknown
Elevator

n/a
Water View

n/a
Laundry Level

Upper
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

Y

MLS #

W12236053
Sq. Ft

3000-3500
Sq. Ft. Source

MLS
Lot Irregularities

Y
Year Built

16-30
Pool

None
Drive

Pvt Double
Garage

Built-In, 2 spaces
Total Parking

4
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

Y
Roof

Asphalt Shingle
Foundation

Unknown
Elevator

n/a
Water View

n/a
Laundry Level

Upper
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

Y

Living

3.62 x 3.98 ft Main level

Formal Rm, O/Looks Frontyard, Vaulted Ceiling
Dining

3.63 x 4.23 ft Main level

Formal Rm, Separate Rm, Bay Window
Office

3.35 x 3.74 ft Main level

B/I Shelves, B/I Bookcase, B/I Desk
Kitchen

3.94 x 4.5 ft Main level

Granite Counter, Stainless Steel Appl, B/I Appliances
Great Rm

5.18 x 4.57 ft Main level

Sunken Room, Fireplace, O/Looks Backyard
Breakfast

2.22 x 3.94 ft Main level

Open Concept, W/O To Yard, Eat-In Kitchen
Primary

5.21 x 4.59 ft 2nd level

W/I Closet, 5 Pc Ensuite, Separate Shower
2nd Br

4.37 x 3.65 ft 2nd level

4 Pc Ensuite, Large Closet, hardwood floor
3rd Br

5.69 x 3.5 ft 2nd level

Semi Ensuite, Large Closet, hardwood floor
4th Br

3.18 x 3.51 ft 2nd level

Semi Ensuite, Large Closet, hardwood floor
Laundry

1.81 x 3.93 ft 2nd level

B/I Shelves, Large Window, Ceramic Floor
5th Br

4.53 x 3.84 ft Bsmt level

Semi Ensuite, Large Closet, Laminate
Games

5.9 x 4.41 ft Bsmt level

B/I Shelves, Bar Sink, Large Window
Rec

5.26 x 8.29 ft Bsmt level

Gas Fireplace, B/I Shelves, carpet free
Den

2.52 x 1.75 ft Bsmt level

carpet free, Semi Ensuite, Breakfast Area

Contact Manoj Kukreja

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

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Local Real Estate Price Trends for Detached in Lorne Park

Active listings

Average Selling Price of a Detached

May 2025

$2,080,909

Last 3 Months

$2,460,720

Last 12 Months

$2,485,977

May 2024

$2,390,587

Last 3 Months LY

$2,412,433

Last 12 Months LY

$2,554,121

Change

-13%

Change

-3%

Historical Average Selling Price of a Detached in Lorne Park

Average Selling Price

3 years ago

$2,719,444

Average Selling Price

5 years ago

$1,724,889

Average Selling Price

10 years ago

$1,394,447

Change

-23%

Change

21%

Change

49%

Number of Detached Sold

May 2025

Last 3 Months

Last 12 Months

May 2024

Last 3 Months LY

Last 12 Months LY

Change

-52%

Change

-20%

Change

11%

How many days Detached takes to sell (DOM)

May 2025

Last 3 Months

Last 12 Months

May 2024

Last 3 Months LY

Last 12 Months LY

Change

50%

Change

42%

Change

46%

Average Selling price

Inventory Graph

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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.