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New3 hours ago

1578 Spring Road

Lorne Park, Mississauga

$5,890,000

Detached|2-Storey
4 | 6 | 7
About this home

A remarkable expression of luxury, craftsmanship and sophisticated design, this exceptional residence offers over 7,000 sq. ft. of living space and has been elevated by an extensive permitted, architect-designed renovation completed in 2024. The main level unfolds through beautifully appointed spaces with rich hardwood flooring, multiple fireplaces and a spectacular chef's kitchen showcasing granite surfaces, Wolf appliances, Sub-Zero refrigeration and a Miele dishwasher, complemented by an elegant servery with an additional Miele dishwasher and undercounter bar refrigerator. A thoughtfully designed pantry/laundry area and executive office with custom walnut workstation enhance functionality. Upstairs, the private bedroom level continues the sense of luxury with heated bathroom flooring, motorized Hunter Douglas PowerView shades in select rooms and custom details throughout. The extraordinary walkout lower level rivals a private luxury retreat, with radiant-heated Italian tile, 8-ft Kolbe doors, glass-enclosed walnut wine cellar, sophisticated refreshment bar with Dekton surfaces and premium appliances, dedicated fitness studio, purpose-built theatre, fifth bedroom and indulgent spa suite with sauna, rain shower and striking Cambria finishes. Outdoors, an approx. 1,000 sq. ft. elevated terrace and cedar gazebo overlook the pool and flow to covered entertaining spaces, extensive stonework and a fully equipped outdoor kitchen with leathered-granite counters, gas BBQ, cooktop and sink. An outdoor gas fireplace, media feature and 3 overhead gas heaters create a resort-inspired setting. Two furnace and central air systems provide zoned comfort, one serving the main/lower levels and one the upper level. Whole-home Vantage lighting, distributed audio, smart exterior systems, 14-camera surveillance, 24 kW Generac standby generator, Kinetico water treatment and a fully finished 3-car garage complete a residence where luxury, technology and lifestyle come together beautifully

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. Age6-15
Size5000 + sq. ft.
Property Tax$28,525
Lot Size100 ft x 268 ft
mls© NumberW13774754
Listed BySAM MCDADI REAL ESTATE INC.

Listing History

  • No recent sale history for this listing.
  • 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%
$30,148
Property tax
$2,377
Heat allowance
$150
Housing costs
$32,675 / mo

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

Down payment20% · $1,178,000
25-yr amortization

Income needed

$1,005,000

gross annual household income

Payment at 4%
$24,786 / mo
Cash down
$1,178,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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