$2,999,999 - 1569 Wembury Road, Mississauga
Detached for Sale in Mississauga
- MLS Number
- W12984044
- Property Type
- Detached
- Status
- active
- Days on Site
- 20
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE
Nestled in the heart of Lorne Park, minutes to the lakefront, shops, restaurants and excellent schools is 1569 Wembury Road. This home offers the perfect blend of luxury, functionality, & convenience. With approx 5000 sq ft of total living space, stunning wide plank hardwood throughout and soaring 9' ceilings, this custom-designed home boasts an open concept layout on the main floor. It features a spacious combined dining & living area, sophisticated office with built-ins, & a great room perfect for family gatherings w/ gas fireplace and walk-out to the back deck. The kitchen is a chef's dream and ideal for entertaining, complete w/ high-end appliances, large centre island & ample storage. Mudroom w/ garage access provides a convenient space for additional storage. On the upper level, you'll find the primary suite with spa-like 5 piece ensuite and showstopping walk-in closet with custom cabinetry. Three additional generously sized bedrooms, with large closets and access to ensuite washrooms. The lower level offers even more space for relaxation & entertainment, w/ a well-appointed rec room w/ fireplace, second kitchen, additional bedroom, laundry room & several storage areas. Perfect for multi-generational living or a nanny suite. Step outside into the backyard oasis, where you'll find a large deck and covered patio perfect for outdoor dining & entertaining. Tons of privacy with mature gardens and hedges surrounding the property and low maintenance w/ the irrigation system. Located just minutes away from the airport, GO train, & major highways for unparalleled convenience.
Estimate your monthly payments for this property
Estimated Payment
$13,270.01/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.
1569 Wembury Road, 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 $857/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.
Market Position
At 20 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 3,500 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.
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 5 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.