1649 Wedmore Way, Mississauga

Price: $2,699,000

5 bedrooms, 5 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: W12861924

Welcome to this breathtaking family home in prestigious Lorne Park. Thoughtfully crafted with elegant details and exquisite finishes, this residence perfectly blends luxury with everyday practicality on a quiet, mature street. The main level boasts a sun-filled open-concept great room with a soaring 13-ft vaulted ceiling and cozy electric fireplace, complemented by a gourmet kitchen with solid maple cabinetry, a large center island, and a spacious eat-in area. Completing this level are a private home office and a welcoming family room, making this home perfectly suited for both everyday living and elegant entertaining. Upstairs, discover a well-planned layout with a convenient laundry room, a generous primary suite complete with a spa-like 6-piece ensuite, and three additional bedrooms accompanied by two stylish bathrooms. The fully finished basement offers versatile living space for recreation, work, or relaxation. It also includes ample storage, a private space for a bedroom, and a 3-piece bathroom. Step outside to your private, beautifully landscaped backyard surrounded by lush greenery-an ideal setting for outdoor entertaining, children's play, and peaceful retreats. This exceptional home is just minutes from scenic parks, great schools, GO Transit, and the QEW. Don't miss the opportunity to own this timeless and elegant home in one of Lorne Park's most sought-after neighbourhoods!

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$2,699,000 - 1649 Wedmore Way, Mississauga

Detached for Sale in Mississauga

99 days on market
5Beds
5Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
W12861924
Property Type
Detached
Status
active
Days on Site
99
Bedrooms
5
Bathrooms
5
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
CENTURY 21 PERCY FULTON LTD.
Description

Welcome to this breathtaking family home in prestigious Lorne Park. Thoughtfully crafted with elegant details and exquisite finishes, this residence perfectly blends luxury with everyday practicality on a quiet, mature street. The main level boasts a sun-filled open-concept great room with a soaring 13-ft vaulted ceiling and cozy electric fireplace, complemented by a gourmet kitchen with solid maple cabinetry, a large center island, and a spacious eat-in area. Completing this level are a private home office and a welcoming family room, making this home perfectly suited for both everyday living and elegant entertaining. Upstairs, discover a well-planned layout with a convenient laundry room, a generous primary suite complete with a spa-like 6-piece ensuite, and three additional bedrooms accompanied by two stylish bathrooms. The fully finished basement offers versatile living space for recreation, work, or relaxation. It also includes ample storage, a private space for a bedroom, and a 3-piece bathroom. Step outside to your private, beautifully landscaped backyard surrounded by lush greenery-an ideal setting for outdoor entertaining, children's play, and peaceful retreats. This exceptional home is just minutes from scenic parks, great schools, GO Transit, and the QEW. Don't miss the opportunity to own this timeless and elegant home in one of Lorne Park's most sought-after neighbourhoods!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$11,938.59/mo

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5-yr fixed avg.

Principal: $2,159,200Interest: $1,422,376
Mortgage Amount$2,159,200
Total Interest$1,422,376
Est. Property Tax$1,912/mo
Total Cost$3,581,576

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.

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Neighbourhood Guide: Mississauga

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

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

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.

70
Walk Score
Varies
Price Range

1649 Wedmore Way, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,200/mo
Range: $3,570 - $4,830
Cap Rate (ROI)
0.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,200
Maintenance Fees-$0
Property Tax (est.)-$1,912
Insurance (est.)-$562
Net Cash Flow+$1,726

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $900/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 99 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 3,000 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.

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.

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    1649 Wedmore Way, Mississauga | $2,699,000 | Battaglia Team