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New2 hours ago

1163 Cayente Place

Lorne Park, Mississauga

$2,099,000

Detached|2-Storey
4 | 4 | 6
About this home

The perfect family home in the heart of prestigious Lorne Park. This cherished home has remained in the same family for over 40 years & is finally ready for a new one to call it home. Designed with family living in mind, the home features an ideal layout filled with natural light from an abundance of windows. Impeccably maintained & thoughtfully upgraded over the years, it features hardwood flooring & pot lights throughout. The spacious principal rooms are perfect for entertaining, holidays, & everyday living. There is ample space for children to play, grow, & create lasting memories. At the heart of the home is the gourmet kitchen with Quartz counters, stainless steel appliances, & an eat-in peninsula. The spacious living room has a gas fireplace & hardwood floors, & it overlooks both the front & back yards. The dining room is ideal for hosting family gatherings & includes a perfect nook for a servery. The cozy family room offers additional space with a second gas fireplace, hardwood floors & lots of natural light. The upper level has four bedrooms, including a primary suite complete with a walk-in closet, a double closet, & a four piece ensuite bathroom. An additional newly renovated four piece bathroom serves the remaining bedrooms. The fully finished lower level is perfect for entertaining, featuring a large rec room with a cozy gas fireplace, built in speakers, wet bar, & pot lighting throughout. Relax and unwind in the sauna complemented by a renovated bathroom with heated floors & change room. A convenient walk up provides direct access tothe spectacular backyard. The backyard is professionally hardscaped with stunning perennial gardens making it very low maintenance, a saltwater pool & plenty of space to dine outdoors. Perfect for hosting neighbourhood pool parties. Ample storage, garage access & main floor mudroom for added convenience. Top rated schools, easy access to major highways/GO transit, minutes to lake/trails, steps to shops.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. Age51-99
Size2000-2500 sq. ft.
Property Tax$11,362
Lot Size100 ft x 88 ft
mls© NumberW13835106
Listed ByROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL EST

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$10,744
Property tax
$947
Heat allowance
$150
Housing costs
$11,840 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $419,800
25-yr amortization

Income needed

$364,000

gross annual household income

Payment at 4%
$8,833 / mo
Cash down
$419,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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