718 Balboa Dr

Mississauga | Lorne Park | L5H 2V6
  • 4 + 1
  • 8
  • 0

$5,488,000

Est. Mtg $18,608 /mo
  • Days on market

    5

  • Status

    New

Listing Broker SAM MCDADI REAL ESTATE INC.
Since listed: 0 views

Home details

MLS #:

W10430002

Property type:
Detached
Style:
2-Storey
Taxes:
$15,689
Possession:
Flex
Lot Front:
80.0   Feet
Lot Depth:
126.0   Feet
Basement:
Fin W/O | Full
Driveway Pkg:
6
Heat:
Gas | Forced Air

Description


718 Balboa Dr, , Mississauga, Ontario is a Detached property in Mississauga and in the Lorne Park community in the L5H 2V6 postal code


Welcome to Lorne Park's newest contemporary estate nestled on a tree-lined court and offering over 7,100 square feet of luxury living space. Upon entering, you're immediately met with an elegant open concept floor plan with expansive windows at every turn boasting wide plank oak hardwood floors, 10 ft tray ceilings with illuminated lighting, LED pot lights, built-in speakers and chic chandeliers throughout. A striking 7 ft linear ethanol fireplace serves as the focal point, meticulously dividing the family and dining rooms, where refined evening soirees can be held. Curated for every culinary enthusiast, the grand chef's gourmet kitchen boasts an oversize centre island with sleek porcelain countertops, high-end stainless steel appliances, and unobstructed views of the living areas with direct access to your covered backyard patio. For more intimate or specialized cooking events, a private spice kitchen is discreetly located just around the corner. Ascend upstairs via the private elevator, conveniently accessible to all levels, and discover the Owners private sanctuary with a boutique inspired custom walk-in closet and private terrace overlooking the backyard oasis. A spa-like 5pc ensuite compliments the owners suite and is adorned with heated porcelain floors, a soaker tub, his and her sinks, and a steam shower. 3 more prodigious bedrooms on this level each with walk-in closets and ensuites, including a second primary bedroom with private terrace and a 3pc ensuite with heated floors. The walk-up basement with radiant heated floors is an entertainer's dream, offering unmatched amenities which include: built-in speakers, a wet bar, a wine cellar, a gym with a 3pc bathroom and sauna, a 2-tiered movie theatre, a nanny suite, and a secondary laundry room with pet station. The amenities extend to the meticulously landscaped and private backyard oasis designed with a built-in kitchen, a salt water lap pool with 7ft depth, and stone interlocking..

Extras

An absolute must see with exceptional amenities all in the comfort of your own haven. 5 star location with access to Port Credit/Clarkson Village's trendy restaurants, Go stations, waterfront parks, private and public schools + QEW highway!.


History

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List Date End Date List Price End Price Status MLS #
2019-05 2019-05 $1,298,800 $1,305,000 Sld W4451515
2024-08 2024-11 $5,888,000 $5,888,000 Ter W9248263
2024-11 2024-11 $5,488,000 $5,488,000 New W10430002

Comparables

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sold Date Address List Price sold Price DOM
2024-11 1115 Saginaw Cres, $1,825,000 $1,783,000 62
2024-11 1247 Queen Victoria Ave, $2,700,000 $2,600,000 7
2024-11 1127 Queen St W, $1,775,850 $1,720,000 8
2024-11 1060 Vanier Dr, $1,899,998 $1,835,000 11
2024-10 585 Hancock Way, $2,699,850 $2,600,000 33
2024-10 1366 Queen Victoria Ave, $3,988,000 $3,680,000 31
2024-10 1440 Indian Grve, $3,499,000 $3,200,000 37
2024-10 1600 Jalna Ave, $7,399,000 $6,700,000 44
2024-10 1246 Saginaw Cres, $2,050,000 $1,983,000 14
2024-09 1260 Kane Rd, $3,650,000 $3,333,333 111
2024-09 751 Merlot Crt, $2,798,000 $2,679,000 11
2024-09 1111 Vanier Dr, $1,998,000 $1,950,000 7
2024-09 1213 Greenoaks Dr, $2,899,000 $2,850,000 6
2024-09 767 Indian Rd, $2,699,900 $2,600,000 2
2024-09 1073 Lorne Park Rd, $1,509,800 $1,445,000 10

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

Mississauga :

Properties sold

253

Average sale price

$1,602,425

New Listings

505

Year on Year Growth

-3.61%

Municipality activity All Property Types

Sale activity

Mississauga :

Average sale price

$1,112,531

Properties sold

679

New Listings

1,422

Days on Market

13

Sale $ / List $

102%

Year on Year Growth

-4.25%


Sale Chart - Detached

Mississauga Average Price (2 Years):

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Sale Chart - Detached

TRREB Total Average Price (2 Years):

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Estimated running costs for 718 Balboa Dr

Based on available 3rd party data

$20051

Approximate costs per month

Mortgage
$18608 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$1307 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Fenced Yard
  • Lake/Pond
  • Park
  • Public Transit
  • Wooded/Treed
Listing Broker SAM MCDADI REAL ESTATE INC.
Data Source: TRREB

Payment calculator

$19916 monthly. In association with: TD Bank
%
  • Principal and Interest
    18608 /mo
  • Property Taxes
    $1307 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Amadore Zhao, Realtor

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