$3,499,000 - 519 Hancock Way, Mississauga
Detached for Sale in Mississauga
New — Listed yesterday- MLS Number
- W13421398
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 6
- Bathrooms
- 6
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
Welcome to refined family living in Watercolours, one of Lorne Park's most sought-after executive communities. Nestled on a quiet dead-end cul-de-sac in the prestigious Lorne Park school district, this beautifully renovated upscale residence offers timeless elegance, exceptional craftsmanship, and resort-style outdoor living. A stately façade and impeccable curb appeal set the tone, while rich new walnut flooring welcomes you into a thoughtfully designed interior. The formal living room, complete with a classic fireplace, flows seamlessly into the spacious formal dining room-perfect for elegant entertaining. The heart of the home is the stunning designer kitchen, expertly renovated with premium Wolf appliances, a Sub-Zero fridge, and a sunlit breakfast area overlooking the backyard oasis. Expansive windows frame lush landscaping like living artwork, filling the home with natural light and serene privacy.Adjacent to the kitchen, the inviting family room features a striking stone-tiled fireplace, creating the perfect gathering space. A private main floor office, beautifully renovated laundry room, and direct garage access complete the main level. Upstairs, five generous bedrooms provide exceptional family comfort. The luxurious primary retreat is truly magazine-worthy, showcasing a spa-inspired ensuite and an oversized custom walk-in closet.Three additional bedrooms include a stylish 3-piece ensuite and a fifth bedroom, ideal as a nursery, office, or private guest suite.The fully finished lower level is designed for elevated entertaining and multigenerational living, featuring soaring ceilings, a dramatic two-sided fireplace, custom wet bar, built-in speakers, bench seating, a sixth bedroom with private3-piece ensuite, plus an additional powder room. Step outside to your private backyard sanctuary, complete with a sparkling inground pool, professionally landscaped gardens, multiple sitting areas, and full fencing for privacy and peace of mind.Walk to the Lake.
Estimate your monthly payments for this property
Estimated Payment
$15,477.26/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.
519 Hancock Way, 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 $1000/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 6 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 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.