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            #5 1009 Lorne Park Road

            near Lakeshore Rd W
            $1,100,000 3+0bdr • 3ba • 1kit • 2000-2249sf
            Average Income
            $142,464
            Population Age
            43 y/old
            School Score
            8.55/10
            Price Index Change 1y
            -0.53%
            Price Index Change 3y
            +0.91%
            Rent Index Change 1y
            +7.57%
            Rent Index Change 3y
            +17.88%

            Condo Townhouse • 2-Storey #5

            #5 1009 Lorne Park Road, Lorne Park, Mississauga
            • Rooms and Bathrooms 3+0 bedr, 3 bath
            • Kitchens 1
            • area 2000-2249
            • garage 2.0 Built-In
            • exposure S
            • age 11-15
            • locker None
            • possession

              Flexible

            $1,100,000

            $7,448.00
            Tax yr: 2019

            $375.00/m

            57 Somewhat Walkable

            33 Some Transit

            65 Bikeable

            8.55/10

            Property Location Details
            • Peel

            • Mississauga

            • Lorne Park

            • Lakeshore Rd W

            • L5H2Z9

            Listing Details Provided By
            Property Details Provided By Toronto Real Estate Board
            Listing Brokerage

            RE/MAX REALTY SPECIALISTS INC., BROKERAGE

            Property Overview
            Beautiful Contemporary Townhouse! Well Appointed 3 Bedroom With Full Basement, Hardwood Floors, Granite Counter Tops And More! Great Location Close To Lake, Parks And Shops.
            Property Features
            • Public Trans
            • School
            • Brick Front
            • Common Elements Included
            • Ensuite Laundry
            • Parking Included
            • Condo Taxes Included
            • Fireplace/Stove
            • Heat Included
            • Hydro Included
            • Building Insurance Included
            • Water Included
            • Family Room
            • Cable TV Included
            • CAC Included
            Rooms details
            Bathroom
            • Main Level
            • 2 Pc Bath
            Bathroom
            • 2nd Level
            • 3 Pc Bath
            Bathroom
            • 2nd Level
            • 4 Pc Bath
            Basement
            • Finished
            • Full
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            • Listing added to site: 2020-02-14 18:49:34
            • Last updated: 2020-02-15 00:12:28
            • Photos updated: 2020-02-14
            • Contract date: 0000-00-00
            • Input date: 0000-00-00
            • Expiry date: 0000-00-00
            • Closed date: 0000-00-00
            • Condition expiry date: 0000-00-00
            • Extension entry date: 0000-00-00
            • Sold date: 0000-00-00
            • Suspended date: 0000-00-00
            • Terminated date: 0000-00-00
            • Unavailable date: 0000-00-00
            • Condition:
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            More Options

            Travel Times, Streetview, Walkscore
            Listing Overview

            General:

            5 1009 Lorne Park Road is a condo townhouse 2-storey, located in Lorne Park of city of Mississauga, Peel region, near Lakeshore Rd W, and has been available for sale on ITRealty since 2020-02-14. This unit is located at level 1 of the building and has South exposure of Lorne Park Rd. Condo registry office is PSCC, corporation number 865.

            Lot Size and Living Area:

            5 1009 Lorne Park Road has 6+0 rooms in total, including 3+0 bedroms, 3 baths and 1 kitchen. Please find this condo rooms details on this page above.
            Living areae of this condo unit is within the range of 2000-2249 square feet above the ground plus finished basement. 1009 Lorne Park Road building was built appriximately 11-15 years ago. An ensuite laundry is available at the unit. Basement features: finished and full.

            Heating and Cooling:

            The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

            Listing Features:

            This condo is featuring Public Trans, School at, or near the property.
            AIDA has also found the following features: Finished Basement, and possible sellers motivation indicators such as Flexible Possession.

            Price & Cost Overview

            General:

            5 1009 Lorne Park Road condo townhouse is listed for $1,100,000. Property tax for year 2019 was $7,448. And the monthly maintenance fee was $375.

            Mortgage and Other Expenses:

            Your monthly mortgage payments will be $4,127, and total expenses, including the mortgage, property tax and maintenance, fee around $4,779, assuming $1,100,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
            Use our Mortgage and Investment Calculator, customized especially for 5 1009 Lorne Park Road, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

            Buyer Cashback:

            You may be eligible for a Buyer Cashback up to $5,000 if you buy this condo townhouse with ITRealty.
            Check if you qualify.

            Location Overview

            General:

            Lorne Park, where 1009 Lorne Park Road is located, has $1,594,794 Home Price Index, and $4,035 Home Rent Index. Average household income at dissemination area of 1009 Lorne Park Road is $142,464, and average polulation age is 43 years old.
            Average Home Price Index among 24 evaluated neighborhoods in city of Mississauga is $836,109, and average Home Rent Index $2,598.

            Similar Properties & Community Details:

            There are similar to 5 1009 Lorne Park Road 3 bedr condo townhouse condos listed For Sale and For Rent in city of Mississauga.
            Learn about the prices of Recently Sold Condos and Recently Rented Condos near 1009 Lorne Park Road.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Lorne Park neighborhood in city of Mississauga.

            Schools:

            There are at least 2 school(s) located near 1009 Lorne Park Road, or schools, which boundaries this address belongs to with an average School Score 8.55 out of 10. Here are more details about these schools:
            1. Lorne Park Public School, Public, Elementary, ranked as Excellent.
            2. Lorne Park Secondary School, Public, Secondary, ranked as Excellent.
            ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 57, 33, and 65 accordingly, location of 1009 Lorne Park Road overall can be described as Somewhat Walkable, Some Transit, and Bikeable.

            5 1009 Lorne Park Road Listings History Powered By AIDA
            Mississauga Sales & Rent History Powered by AIDA
            Disclaimer

            All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

            City of Mississauga Condos MOI (Months of Inventory)
            Last month sales statistics:
            It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (27 days).
            Sellers are not likely to negotiate the price, but it is easier to sell your own property.
            Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
            How often similar homes sell?
            You may expect 5 to 6 properties like that to be sold in Lorne Park during the next 30 days.
            Seasonal sales fluctuation is showing -35% inventory decline comparing to the average annual number, which is equvalent to 8.25 properties sold per month, and -36% decline comparing to the last six months.
            How soon it can be sold?
            This property has been on the market for 7 days, which is 35 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
            Seasonal sales fluctuation is showing 25% D.O.M. increase comparing to the average annual number, which is equvalent to 33 D.O.M., and 9% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
            At what price it can be sold?
            Similar properties currently sell at 2.48% below its asking price in Lorne Park.
            The selling to asking price ratio is slighyly declining, but this housing type demand remains stable in Lorne Park.
            This property has not been on the market for long enough yet to guess if it can be sold above the asking price, but it can get sold in the nearest future if the price is right.
            5 1009 Lorne Park Road Investor's Outlook Powered by AIDA

            Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Lorne Park, Mississauga, to the City of Mississauga for the projects listed on our site.

            Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

            Price Index 1y

            Price Index change was -0.53% comparig to the City of Mississauga average of +4.49%

            Price Index 3y

            Price Index change was +0.91% comparig to the City of Mississauga average of +29.43%

            Rent Index 1y

            Rent Index change was +7.57% comparig to the City of Mississauga average of +8.39%

            Rent Index 3y

            Rent Index change was +0.91% comparig to the City of Mississauga average of +29.43%

            Walkscore

            Walkscore 57 out of 100 means Somewhat Walkable

            Transitscore

            Transitscore 33 out of 100 means Some Transit

            Bikescore

            No sufficient data available

            Schoolscore

            Schoolscore is 8.55 out of maximum 10 points

            Mortgage & Payments

            Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

            Mortgage & Payments Calculator
            Property Financing Details
            Land Transfer Tax & Closing Expenses
            Downpayment Details
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            Mortgage & Financing Details

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            (Mortg interest rate. Ex: 3.0)

            (Mortgage duration Ex: 25)

            (Borrowing rate Ex: 3.5)

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            Mortgage & Payments Summary

            Schools and Ratings

            ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

            Demographics & Housing Statistics

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