DetachedListed yesterday

1538 Lorne Wood Rd, Mississauga

Name: 1538 Lorne Wood Road
SKU: W14124236
Price: 1489900 CAD
Availability: InStock

Mississauga, ON · L5H 3G3 · MLS® W14124236Updated October 28, 2026

$1,489,900Est. $7,319/mo mortgage

Bedrooms: 3
Bathrooms: 1
Living space: 1100–1500sq ft
Parking spaces: 4

Type Detached
Garage Yes
Basement Finished

What you should know

1538 Lorne Wood Rd is a 3-bedroom, 1-bathroom detached home in Mississauga, listed for $1,489,900. It has 1100-1500 sq ft of living space.

Welcome to Lorne Park, Mississauga's finest and most prestigious neighbourhood.
This exceptional property offers a prime opportunity to build your own dream home on a stunning tree-draped lot that stretches almost 200 feet deep.
Surrounded by towering mature trees, this massive property provides the perfect canvas for your custom architectural masterpiece, complete with private , park-like backyard.

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3 Bed, 1 Bath Detached Home in Mississauga

About 1538 Lorne Wood Road

Welcome to Lorne Park, Mississauga's finest and most prestigious neighbourhood. This exceptional property offers a prime opportunity to build your own dream home on a stunning tree-draped lot that stretches almost 200 feet deep. Surrounded by towering mature trees, this massive property provides the perfect canvas for your custom architectural masterpiece, complete with private , park-like backyard. Location is everything, and this property delivers. Situated just steps from highly coveted Lorne Park schools, it is the ideal setting for growing families looking to secure a top-notch education for their children. Enjoy the perfect balance of peaceful, Muskoka-like privacy and urban convenience. You are only minutes away from the vibrant shops, cafes, and restaurants of Port Credit and Clarkson villages, scenic waterfront trails and beautiful lakefront parks. For commuters, travel is effortless with quick access to the QEW and multiple GO Transit stations, offering a fast and direct route into downtown Toronto. Whether you choose to renovate the existing 3-bedroom bungalow or construct a brand-new luxury residence, properties of this size and caliber in this specific pocket of Lorne Park are exceptionally rare. Do not miss this opportunity to invest in your family's future and create a legacy home in once of the GTA's most sought-after communities.

3 bedrooms, 1 bathroom, about 1,100 sq ft, works out to roughly $1,354 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 1538 Lorne Wood Rd

Every detail from the listing, in one place.

Type: Detached
Style: Bungalow
Living space: 1100-1500 sq ftas stated on the listing
Parking: 4 spacesYes garage
Basement: Finished

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 4

Interior

Basement: Finished

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Bungalow
Property class: Detached

1538 Lorne Wood Rd Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Oct 27, 2026For saleListedThis listingMLS® W14124236$1,489,900

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 1538 Lorne Wood Rd Compares to the Mississauga Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Well Above Market· based on 3,827 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Mississauga market, last 90 days

Median sold price: $876,000
Average sold price: $947,831
Average days on market: 33
Homes sold: 2,199

Closed sales on the TRREB MLS®.

Full Mississauga market report

Recently sold nearby in Mississauga

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

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Home	Sold price	$ / sqft	% of asking	Sold
This home1538 Lorne Wood Road 3 bd · 1 ba · 1,100 sqft	$1,489,900asking	$1,354	—	—
1484 Indian Road 3 bd · 2 ba · 2,000 sqft
4151 Tea Garden Circle 4 bd · 3 ba · 2,000 sqft
1143 Carding Mill Place 2 bd · 2 ba · 1,100 sqft
3841 Edgecliffe Run 4 bd · 3 ba · 2,500 sqft
3416 Sunlight Street 3 bd · 2 ba · 1,500 sqft
5409 Bestview Way 4 bd · 3 ba · 2,000 sqft

1484 Indian Road
3 bd · 2 ba · 2,000 sqft
4151 Tea Garden Circle
4 bd · 3 ba · 2,000 sqft
1143 Carding Mill Place
2 bd · 2 ba · 1,100 sqft
3841 Edgecliffe Run
4 bd · 3 ba · 2,500 sqft
3416 Sunlight Street
3 bd · 2 ba · 1,500 sqft
5409 Bestview Way
4 bd · 3 ba · 2,000 sqft

Living in Mississauga: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Costs, Mortgage & Rental Return for 1538 Lorne Wood Rd

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $7,319; 20% down · 25 years · 5.5% assumed
Property tax: $819; 0.66% mill rate · ON
Total per month: $8,138; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$7,319

/mo

based on the purchase price of $1,489,900

Down payment20%

$297,980 cash

Amortization25 yr

$1,191,920 financed

Rate5.50%

$1,003,909 total interest

Principal54%$1,191,920

Interest46%$1,003,909

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

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Listing brokerage: ROYAL LEPAGE REALTY PLUS, BrokerageMLS® W14124236 · Listing data last updated October 28, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

For sale· listed Oct 26· $1,354/sq ft

Estimated monthly mortgage$7,319/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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