$2,888,000 - 988 Tennyson Avenue, Mississauga
Detached for Sale in Mississauga
108 days on market- MLS Number
- W12778942
- Property Type
- Detached
- Status
- active
- Days on Site
- 108
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Mississauga
- Lot Size
- 7,485 sqft
- Listing Brokerage
- SAM MCDADI REAL ESTATE INC.
Welcome to 988 Tennyson Avenue, a truly luxurious sanctuary nestled in the heart of Lorne Park Estates - one of Mississauga's most exclusive and historically rich communities. Certified by renowned Feng Shui Master Peter Chao, this magnificent residence harmonizes energy, light, and nature to create a living experience that is both serene and sophisticated. Once known as a vacation retreat for Queen Elizabeth, the Lorne Park Estates community remains a timeless symbol of prestige and tranquility. This property enjoys private resident access to the lakeshore and beach, where scenic walking trails meet the calming rhythm of Lake Ontario - an unmatched lifestyle reserved for a privileged few. Bathed in natural sunlight through floor-to-ceiling windows, the home features an airy, contemporary open-concept design that flows effortlessly through each level. Every corner radiates warmth and elegance, enhanced by hardwood flooring, refined finishes, and captivating garden views.Highlights4 Bedrooms | 5 Bathrooms | Feng Shui Certified by Peter ChaoSun-drenched open layout connecting living, dining, and kitchen areas with exceptional flow Gourmet kitchen with new stainless steel appliances, granite countertops, and an oversized centre island - perfect for entertaining Primary retreat with a stunning new spa-inspired ensuite featuring a jacuzzi and imported one-of-a-kind vanityFinished lower level with theatre room and video projector for the ultimate home cinema experience Expansive irregular lot surrounded by mature trees, manicured gardens, and a large firepit area Newer roof and elegant exterior upgrades adding both style and comfort. Step into a lifestyle of luxury, privacy, and natural beauty - where every day feels like a retreat. Enjoy exclusive lakeshore access, a rich heritage, and the prestige of calling Lorne Park Estates home.
Estimate your monthly payments for this property
Estimated Payment
$12,774.60/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.
988 Tennyson Avenue, Mississauga
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $963/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 108 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.