$6,999,850 - 1093 Algonquin Drive, Mississauga
Detached for Sale in Mississauga
101 days on market- MLS Number
- W12844454
- Property Type
- Detached
- Status
- active
- Days on Site
- 101
- Bedrooms
- 4
- Bathrooms
- 6
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- RE/MAX REALTY ENTERPRISES INC.
Ideally Positioned At The Quiet End Of A Cul-De-Sac In Prestigious Lorne Park, This French Manor Estate Rests On A Breathtaking 0.70-Acre Pvt Ravine Lot, Surrounded By Mature Trees & Serene Woodland Vistas. Encompassing Over 7,900 Sqft. Of Finished Living Space, This Custom-Designed Residence Offers 4 Bdrms & 6 Baths, Delivering An Exceptional Blend Of Timeless European Elegance & Modern Luxury. A Striking Stone & Stucco Façade, Dramatic Rooflines, Dormer Windows & Shutters Create A Commanding First Impression. Inside, A Soaring 2-Storey Foyer W/ A Statement Chandelier Introduces Richly Appointed Interiors Defined By Reclaimed Wide-Plank Flooring, Coffered Ceilings, Custom Millwork, & 5 F/P. Principal Rooms Are Thoughtfully Oriented To Capture Uninterrupted Ravine Views, Establishing Connection Between Indoor Sophistication & Natural Beauty. At The Heart Of The Home, The Reno'd O/C Kitchen, Bfast Area & Family Room Are Wrapped In A Stunning Full-Height Natural Stone Surround. Custom Cabinetry, Leathered Granite Counters, A Substantial Island W/ Bfast Bar Seating & A Professional Appls Suite Including Gaggenau & Miele Elevate Both Everyday Living & Entertaining. French Doors Open To A Covered Terrace W/ Gas BBQ Line, Extending Gatherings Outdoors W/ Effortless Elegance. The Upper Lvl Hosts 4 Bdrm, Each W/ Ensuite Access. The Primary Suite Is A Tranquil Retreat O/Looking The Ravine, Complete W/ A Pvt Balcony, Dual W/I Closets & A Spa-Inspired Marble Ensuite W/ Heated Floors, Soaker Tub & Glass-Enclosed Shower. A Professionally Reno'd W/O Lower Lvl Enhances The Lifestyle Experience W/ A Rec Room, Full Wet Bar, Dedicated Home Theatre, Pvt Office, Gym, & An Impressive Temp-Controlled Wine Cellar Accommodating Over 500 Bottles. Outdoors, A Refinished Infinity-Edge Pool & B/I Hot Tub O/Look The Ravine, Creating A Resort-Calibre Sanctuary. Further Enhancing The Home's Exceptional Calibre Is A Fully Heated 3-Car Garage, Thoughtfully Designed To Provide Year-Round Comfort.
Estimate your monthly payments for this property
Estimated Payment
$30,962.70/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Mississauga
Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Mississauga
- •Convenient location in Mississauga
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1093 Algonquin Drive, Mississauga
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1400/sqft, this property is priced above the Mississauga average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 101 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Mississauga are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 5,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Mississauga. Good resale value as demand remains consistent.
Bathroom Count Matters
With 6 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.