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New2 hours ago

1425 Solana Crescent

Lorne Park, Mississauga

$2,650,000

Detached|2-Storey
3 | 4 | 9
About this home

Welcome to this quiet court location in the highly desirable Lorne Park area. Enjoy easy access to major highways and the GO Train, making downtown Toronto easily accessible. Located in the charming Clarkson/Lorne Park community, you'll be close to excellent restaurants, shopping, schools, the library, and places of worship. This spectacular turn-of-the-century home, built in the 1900's, has been lovingly updated while retaining its original character and charm. Beautiful wood floors and hand-painted accents add warmth and distinction throughout. The main floor features a dedicated office or family room, separate dining room, and a charming living room with fireplace. The inviting family kitchen walks out to a private, tree-lined patio area-perfect for relaxing or entertaining. Additional features include a sauna and wine cellar. The property also offers a three-car garage with a fabulous two-bedroom apartment above, built in the late 1980s.This separate living space is ideal for an in-law suite, nanny, extended family, guests, or a private getaway with its own space and versatility. Cedar Shake Roof (2024); Kitchen roof (2019); and driveway (2021).

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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$11,804
Lot Size83.48 ft x 137.76 ft
mls© NumberW13782874
Listed ByRE/MAX REALTY ENTERPRISES INC.

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%
$13,564
Property tax
$984
Heat allowance
$150
Housing costs
$14,698 / mo

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

Down payment20% · $530,000
25-yr amortization

Income needed

$452,000

gross annual household income

Payment at 4%
$11,152 / mo
Cash down
$530,000

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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