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New2 hours ago

1066 Stockwell Avenue

Lorne Park, Mississauga

$2,600,000

Detached|Bungalow
2 | 3 | 12
About this home

A truly rare opportunity in prestigious Lorne Park Estates - an exceptional double lot offering the freedom to live in, renovate, or build your dream home in one of Mississauga's most coveted locations. Lovingly maintained by the original owners, this unique property offers a sun-drenched 2+1 bedroom, 3-full bathroom bungalow on one lot, complemented by a spacious detached three-car garage on the second - an extraordinary opportunity for homeowners, builders or investors to create something truly special. The existing bungalow is warm and inviting, featuring soaring cathedral ceilings, an airy design and principal rooms that open onto a large deck overlooking a lush, tranquil greenbelt. The living room offers a cozy wood-burning fireplace, while the dining room sits alongside the spacious eat-in kitchen, creating an ideal setting for everyday living and entertaining. The primary bedroom features a 4-piece ensuite with separate glass-enclosed shower and soaker tub, while the second bedroom enjoys semi-ensuite access to a beautifully renovated 3-piece main bath. The finished lower level provides exceptional flexibility with an additional bedroom, renovated 3-piece bath, large bonus room, generous recreation room with a second wood-burning fireplace, and ample laundry/storage space. A convenient mudroom connects to the breezeway and detached three-car garage. A rare chance to secure a premium double lot in Lorne Park Estates and make it your own - enjoy the existing home, renovate to suit your vision, or build the dream home you've always imagined. Surrounded by mature greenery and peaceful natural beauty, yet minutes to top-rated schools, shopping, Lake Ontario and downtown Toronto, this is a truly special opportunity to create an exceptional lifestyle in one of Mississauga's most sought-after neighbourhoods.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. Age51-99
Size2000-2500 sq. ft.
Property Tax$21,412
Lot Size200 ft x 100 ft
mls© NumberW13755370
Listed ByROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL EST

Listing History

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  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$13,308
Property tax
$1,784
Heat allowance
$150
Housing costs
$15,242 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $520,000
25-yr amortization

Income needed

$469,000

gross annual household income

Payment at 4%
$10,941 / mo
Cash down
$520,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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