$1,875,000 - 1268 Cermel Drive, Mississauga
Detached for Sale in Mississauga
50 days on market- MLS Number
- W13060530
- Property Type
- Detached
- Status
- active
- Days on Site
- 50
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Mississauga
- Lot Size
- 7,567 sqft
- Listing Brokerage
- HARVEY KALLES REAL ESTATE LTD.
Welcome to 1268 Cermel Drive, an exceptional residence nestled at the end of a secluded cul-de-sac in the prestigious Lorne Park neighbourhood. This rare and private setting offers the unique privilege of being the last home on the street, surrounded by mature trees and lush landscaping on a generously sized 70+ foot frontage lot. Expertly reimagined with a discerning eye, this 4+1 bedroom, 4 bathroom home has been meticulously renovated from top to bottom, showcasing an elevated standard of craftsmanship and design. Step into expansive, light-filled principal rooms adorned with refined finishes, elegant millwork, and premium materials throughout. At the heart of the home lies a bespoke chefs kitchen, complete with high-end appliances, a custom eat-in dining area, and direct walk-out to a private deck perfect for al fresco entertaining. Each bathroom has been transformed into a spa-like retreat, offering serenity and sophistication in equal measure. The primary suite is a true sanctuary, featuring a luxurious spa-inspired ensuite and a custom walk-in closet designed with both function and elegance in mind. The finished lower level offers a spacious and stylish extension of the home, featuring a custom bar with seating, a wine cellar, and a private bedroom with full bath ideal for guests or nanny quarters. A walk-out to the backyard and space for a dining area also make it well-suited for multi-generational living. Step outside to a picturesque and private backyard oasis, where mature landscaping, curated gardens, and soaring trees create a tranquil, retreat-like setting. The natural canopy provides exceptional privacy and a sense of being tucked away in the countryside offering a rare escape within the city. Located within the top-ranked Lorne Park school district and just minutes to the lake, parks, trails, shops, and restaurants, this home offers the perfect blend of tranquility and convenience with quick access to the QEW and GO for easy commuting.
Estimate your monthly payments for this property
Estimated Payment
$8,293.76/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.
1268 Cermel 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
Fair Market Value
At $938/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 50 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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Mississauga.
Bathroom Count Matters
With 4 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.
Mississauga Market Insight
Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.