Your real estate agent in Mississauga
May 26th, 2017 
Randy Selzer
Sales Representative



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Lorne Park Real Estate

from Temagami Cres. to Tecumseh Park Drive

the most expensive homes in Mississauga - part 5

Lorne Park Homes

luxury living on Birchwood Drive

About Lorne Park Real Estate

The homes of Lorne Park are some of the most sought after real estate in Mississauga, and indeed in all of southern Ontario. From the very beginnings of the city as we know it today, Lorne Park has always been synonymous with upscale properties for those who could afford it. With a vast expanse of expensive homes stretching from Southdown Road in the west, to Mississauga Road in the east, with the QEW highway marking its northern boundary, and Lake Ontario to the south, Lorne Park features an array of luxury homes for sale to suit any lifestyle. Originally a collection of semi-rural homes nestled between the villages of Port Credit and Clarkson, Lorne Park has a long history, and it has evolved into what many believe today is the biggest and best area for luxury homes in Mississauga. Here you can find listings with everything from original bungalows on massive, forested lots, to monster luxury estates with impressive numbers of bathrooms and bedrooms; everything from luxury condos to the lakefront homes on private roadways of Lorne Park Estates. Lorne Park offers a wealth of privacy, parks, and tree covered streets, and it is augmented by charming boutique shopping areas, and highly rated schools.

disclosure: photos in this neighbourhood profile are for informational purposes only, and are not meant to portray or imply in any way, that these properties are for sale.

Lorne Park

Lorne Park bungalow with Curb Appeal

 

Streets in Lorne Park

Lorne Park itself is a fairly large area, stretching for several kilometers along Lakeshore Rd. W., and it is easily accessed from the QEW highway by either the Mississauga Road, or Southdown Road exits.

Streets here include the main arterial roads Lakeshore Rd. W., Mississauga Road, and Southdown Road. plus additional streets such as Indian Road, Lorne Park Road, and Clarkson Road. There are a large number of ultra-luxurious streets hidden away in Lorne Park, including streets such as Birchwood Dr., Jalna Ave., and Spring Road. There is no shortage of prestige addresses here.

Lorne Park real estate

ultra-luxe lifestyle

New Home Construction

Redevelopment has been very active in Lorne Park, and there are a number of new home custom builders working in the area today, offering all types of homes for sale, everything from new condos to ultra high end, chateau-grade mansions. One relatively recent development completed here is Watercolours, a sought after collection of new build luxury homes located just off Indian Rd.

Lorne Park luxury home

secluded luxury in the forest

This area is blessed with some of the best schools in Mississauga: let's take a quick look at the excellent schools in the area, which you may find useful if you have a family with school age children.

School District

The Lorne Park school district is a sought after commodity in real estate circles, and there is a good selection of excellent schools here, including highly ranked Lorne Park Secondary School (high school), as well as Whiteoaks, Tecumseh, and Lorne Park public schools, and Hillcrest middle school. There is highly ranked Catholic elementary school St. Luke. French immersion is offered at two of the elementary schools, as well as Lorne Park Secondary School. The Catholic high school serving Lorne Park is Iona Secondary, which is located just outside of the Lorne Park boundary, in neighboring Clarkson. Full school rankings of all Ontario schools can be found at the Fraser Institute website.

 

Elementary Schools

Lorne Park Public School

Lorne Park Public School
Junior Kindergarten to Grade 5
1325 Indian Rd. Mississauga ON. L5H1S3
Phone: 905-278-8771
Fax: 905-278-6355

 

Tecumseh Public School

Tecumseh Public School
Junior Kindergarten to Grade 8
1480 Chriseden Dr. Mississauga ON. L5H1V4
Phone: 905-278-5594
Fax: 905-278-8925

 

Whiteoaks Public School

Whiteoaks Public School
Junior Kindergarten to Grade 5 incl. french immersion
1690 Mazo Cresent Mississauga ON. L5J1Y8
Phone: 905-822-0451
Fax: 905-822-5973

 

St. Luke Catholic Elementary School

St. Luke Catholic Elementary School
Junior Kindergarten to Grade 8
1280 Cobalt Street. Mississauga ON. L5H4L8
Phone: 905-274-2760
Fax: 905-274-2419

 

Hillcrest Middle School

Hillcrest Middle School
Grade 6-8 incl. french immersion
1530 Springwell Ave. Mississauga ON. L5J3H6
Phone: 905-822-1657
Fax: 905-822-2955

Secondary Schools


Lorne Park Secondary School

Lorne Park Secondary School
Grade 9-12 incl french immersion
1324 Lorne Park Rd. Mississauga ON. L5H3B1
Phone: 905-278-6177
Fax: 905-278-4011

 

Iona Catholic Secondary School

Iona Catholic Secondary School
Grade 9-12
2170 South Sheridan Way Mississauga ON. L5J2M4
Phone: 905-823-0136
Fax: 905-823-0248

Schools are indeed an important consideration when you are planning a move. One of the other important consideration is the price of homes in the area you want. While Lorne Park real estate isn't particularly inexpensive, the lifestyle that you and your family will enjoy living here makes it a bargain. So now let's have a look at recent real estate prices....

 

House prices

As one of the top areas of expensive homes in Mississauga, Lorne Park enjoys a large amount of MLS resale activity, reflecting a high amount of both local and international interest in this sought after neighbourhood. The Toronto Real Estate Board 2016 MLS numbers are in, and there were 239 firm sales reported of detached houses here throughout the year, an increase from 209 in 2015. Of the 239 firm sales, all but 27 were over the $1 million dollar mark, and the market has remained very strong, with substantial price gains throughout the year. As a realtor working this area, I have compiled the top 30 sales in Lorne Park, from Jan 1, 2016 to Dec 31, 2016:

 

Top 30 Lorne Park Sales in 2016

Address Asking Price Sold Date Bedrooms Bathrooms
1420 Queen Victoria $2,475,000 06/27/16 4+1 5
1272 Twin Oaks $2,479,888 11/25/16 4+2 7
1414 Indian Grve $2,500,000 07/24/16 4 4
1222 Tourmaline $2,500,000 05/16/16 5+2 10
1391 Birchview $2,595,000 10/07/16 4 6
1476 Jalna $2,599,000 11/18/16 4+1 5
1588 Spring $2,688,000 12/13/16 4 4
1474 Elite $2,689,000 05/17/16 4+1 6
1426 Crescent $2,695,000 05/16/16 4+1 6
1525 Jalna $2,698,000 02/20/16 4+1 5
1161 Tecumseh Pk $2,798,000 04/11/16 4+1 8
797 Parkland $2,888,000 07/08/16 5+1 7
1228 Tourmaline $2,888,000 11/04/16 5+1 
1268 Woodeden $2,890,000 04/07/16 4 6
1288 Indian Rd $2,890,000 05/09/16 4+1 6
1148 Tecumseh Pk $2,899,000 08/17/16 4+2 7
938 Whittier $2,925,000 09/03/16 4 6
1235 Ravine $2,985,000 03/11/16 5+1 9
1509 Gregwood $2,999,999 11/20/16 5+1 7
1585 Jalna $3,188,000 06/09/16 5 6
1499 Gregwood $3,200,000 06/30/16 4+1 5
934 Lynnrod $3,288,000 03/06/16 5 4
1545 Jalna $3,299,900 04/27/16 4 5
1484 Gregwood $3,350,000 05/11/16 4 5
381 Temagami $3,800,000 08/02/16 4+1 5
1604 Spring $4,150,000 04/25/16 4+1 6
935 Lynnrod $4,199,850 03/30/16 5+1 5
1296 Tecumseh Pk $4,999,000 08/10/16 5+1 8
516 Indian Rd $5,888,800 07/23/16 5 6
1025 Wenleigh $6,798,000 06/13/16 5 8

 

Some further stats for all of Lorne Park from 2016:

Average asking price for all detached homes sold: $1,589,458

Average sold price for all detached homes sold: $1,570,962

Average days on the market (time it took to sell): 24

Average sold price as a percentage of the asking price: 100%

 

Lorne Park, as the preeminent luxury area in the City of Mississauga,  offers an attractive combination of impressive forest canopy, oversize lots, luxury real estate offerings, topnotch schools, boutique shopping, and easy commuting location, and this has resulted in steady and significant interest from the home buying public. People who have bought here have made significant gains on their investment, and we believe this trend will continue.

 

Lorne Park Mississauga

refined Cape Cod style on a private lot

 

Find Your Next Home in Mississauga

We hope that you have enjoyed our brief article on the Lorne Park real estate scene, one of Mississauga's finest and most expensive neighborhoods, and home to one of Canada's largest collection of luxury homes. Our tour today completes part 5 of our ongoing series on the top neighborhoods in the City of Mississauga.

It's just a click of the mouse to get free access to all of the Lorne Park real estate listings, from bungalows for sale, to massive estate properties. ...Go ahead and check out Lorne Park 

Homes for Sale

Interested in the luxury homes of Lorne Park?  You can get all the information you want for free, including

  • current active MLS listings of Lorne Park homes
  • photos, floorplans, and virtual tours
  • detailed information on local schools
  • neighbourhood shopping
  • Mississauga transit options

 

Get all the information you need on Lorne Park, we are here to serve you, and there is no cost or obligation.

 

Part 5: The Most Expensive Homes in Mississauga

author: Randy Selzer

categories: Lorne Park, homes, real estate, house for sale, luxury property, Mississauga, condos, Watercolours, Indian Road

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