1017 Lorne Park Road, Mississauga

$2,099,999
1017 Lorne Park Road

$2,099,999

New
8d
Detached2-Storey

1017 Lorne Park Road, Mississauga

Total Monthly Obligation $9,941

Beds
4
Baths
5
Park
3
Sqft
2000-2500
DOM
8d
Score
14
Yield
3.2%
Cash on Cash
-10.1%
Cap Rate
2.4%
5Y IRR
7.7%
10Y IRR
8.5%
Property Type-Detached
MLS® Number-W14034756
Beds-4
Bathrooms-5
Size-2000-2500 sqft
Lot Size-32.77 × 170 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Taxes-$13,141.84 (2026)
Parking-4 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Slightly flexible
Neighbourhood-Lorne Park
Title-Residential Freehold

No agent assigned

This exceptional newer built 4 bedroom home combines sophisticated modern design with outstanding quality craftsmanship throughout its 2,300 sq. ft. of above grade living space. The bright, open-concept main living space is designed for both everyday family living and effortless entertaining, seamlessly connecting the kitchen, living room, and dining area. Striking architectural glass railings and gorgeous wide-plank hardwood flooring add elegance and value while the soaring 10-foot ceilings on the main floor create an airy, spacious atmosphere enhanced by pot lights throughout providing a warm and modern ambiance. The chef-inspired custom kitchen, features beautifully crafted cabinetry, quartz countertops and backsplash, an extra-deep sink, stainless steel appliances, and a state-of-the-art custom-built hood vent. The gas fireplace in the spacious living room presents an inviting setting for relaxation and entertaining while the stunning oversized four-panel patio doors with expansive floor-to-ceiling glass and retractable screen create a seamless connection to the backyard and flood the house with natural light. The impressive attention to detail continues on the second floor where you will find an ensuite bathroom in every bedroom. The fully finished 9-foot ceiling basement extends the living space with an added second custom kitchen, a gorgeous rec room with a built-in fireplace, a full bathroom, and additional room perfect for a den, home office or guest space. Step outside and enjoy the large deck ideal for entertaining while the huge backyard shows off a custom built shed with electricity. This move-in ready home is situated on an impressive 170-ft-deep lot in the heart of prestigious Lorne Park community, conveniently located close to Top-Rated schools, shopping, restaurants, and walking distance to parks and beaches. Schedule a private showing today!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$1,679,999
Land Transfer Taxes$38,975
Legal Fees (Est.)
$
Total cash required for closing$460,475

Total Monthly Obligation

$9,941/mo
Mortgage $8,471
Monthly Loss $7,712
Principal$2,229
Interest$6,242
Property Tax$1,095
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.0%0
5-Year IRR
5.4%12
10-Year IRR
7.0%
Returns Index
7.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$67,380/yr
NOI
$43,000/yr
Net Cash Flow
-$4,887/mo
Cash Margin
-87.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.424
LTV Ratio
80.0%18
Vacancy Buffer
1.0 mo17
Risk Index
12.8/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1017 Lorne Park Road

Time

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