$2,298,000 - 971 Lovingston Crescent, Mississauga
Single Family Home for Sale in Mississauga
45 days on market- MLS Number
- W12661586
- Property Type
- Single Family Home
- Status
- active
- Days on Site
- 45
- Bedrooms
- 7
- Bathrooms
- 5
- Square Feet
- ~3,500 sqft
- Neighbourhood
- Mississauga
- Lot Size
- 13,350 sqft
- Listing Brokerage
- FORESTWOOD REAL ESTATE INC.
Rare opportunity to own a spacious and beautifully crafted custom-built home situated on a premium 89x158 ft landscaped lot in a sought-after neighborhood. This elegant five-bedroom residence offers over 5,000 sq. ft. of total living space, including 4,139 sq. ft. above grade plus a fully finished lower level with a separate entranceideal for extended family or rental potential. The main level features a sunken living room with wainscoting and crown moulding, a formal dining area, and a gourmet kitchen with granite countertops, central island, built-in appliances, and a breakfast room with walk-out to a private deck and backyard oasis complete with an above-ground pool. A dramatic family room showcases soaring cathedral ceilings, a west-facing window wall, custom built-in bookcase, and a dual-sided gas fireplace. Upstairs, you'll find five generously sized bedrooms including a luxurious primary suite with a five-piece ensuite and walk-in closet, along with an open hallway overlooking both the foyer and family room. The lower level offers incredible versatility with a spacious great room, second kitchen, wood-burning fireplace, private bedroom with walk-in closet, three-piece bathroom, and a dedicated game room. Additional highlights include an oversized three-car garage, extra-wide six-car concrete driveway, and proximity to parks, top-rated schools, shopping, public transit, and major transportation routes. This one-of-a-kind property combines luxury, functionality, and location an exceptional opportunity not to be missed.
Estimate your monthly payments for this property
Estimated Payment
$10,164.83/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.
971 Lovingston Crescent, 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 25+ years of GTA real estate experience
Competitive Pricing
At $657/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 45 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.
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 7 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.
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.