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Listed 5 months ago

1088 Orchard Road

Lakeview, Mississauga

$2,980,000

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

Luxury Living in Lakeview. Welcome to 1088 Orchard Road, a custom-built residence offering exceptional space, craftsmanship, and opportunity in one of Mississauga's most desirable neighborhoods. Seton an impressive 50 x 200 ft lot, this stunning home offers over 5,000sq. ft. of total living space. Step inside to a bright and spacious interior featuring wide-plank hardwood floors and an open-concept layout filled with natural light. The chef's kitchen is equipped with high-end appliances, a large center island, and a separate servery with a large pantry, seamlessly connecting to kitchen and dining area. Upstairs, discover very generously sized bedrooms, each complete with custom closets and private bathrooms. The primary suite serves as a private retreat featuring his and her custom walk-in closets and a luxurious ensuite. The fully finished lower level offers incredible flexibility, featuring a large recreation area with a built-in bar, an additional bedroom, separate washroom, and extra space ideal for a home office or gym. Step outside to a rare oversized backyard with a deck and endless possibilities. With the depth of the lot, this outdoor space presents a blank canvas to create your dream outdoor retreat !Located just minutes from the Lake Ontario waterfront, beaches, golf courses, Port Credit, marinas, top schools, major highways, and premier shopping. A rare opportunity to own a customhome on a premium lot in the highly sought-after Lakeview community.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age0-5
Size3500-5000 sq. ft.
Property Tax$19,800
Lot Size50 ft x 200 ft
mls© NumberW12896904
Listed ByNEST SEEKERS INTERNATIONAL REAL ESTATE

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%
$15,253
Property tax
$1,650
Heat allowance
$150
Housing costs
$17,053 / mo

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

Down payment20% · $596,000
25-yr amortization

Income needed

$525,000

gross annual household income

Payment at 4%
$12,540 / mo
Cash down
$596,000

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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