12 Mar Lorne Park, A tranquil oasis in Mississauga Real Estate
Nestled on the shores of Lake Ontario and the Rattray Marsh, Lorne Park in Mississauga, is a serene community that seamlessly blends natural beauty with luxury living.
Real Estate Market Overview
In December 2023, the median listing price of homes in Lorne Park was $3,380,729, representing a 25.46% increase from the previous month’s price of $2,694,722. These figures indicate the upward trend of the housing market, making it an opportune time for home sellers.
Current statistics from the Lorne Park housing market prices reveal that the average house price stands at $2,253,917, with 30 new listings in the past 56 days. Additionally, homes in this area typically spend about 22 days on the market, showcasing the community’s high desirability in Mississauga real estate.
A Variety of Housing Options
Lorne Park presents a diverse array of housing options, with detached houses dominating the housing market at 92% of all sales. Semi-detached houses contribute 4%, while townhouses make up 3%, catering to a broad spectrum of residents. The majority of properties in Lorne Park boast four bedrooms, catering to families seeking a spacious living environment.
Luxury and Prestige
Lorne Park is Mississauga’s biggest luxury area, known for its spacious lots, large forests, and high-end real estate. A top choice for those looking for a more elevated living experience.
Beyond its tranquil homes, Lorne Park has great amenities for residents. Enjoy personalized boutique shopping for a unique retail experience in this welcoming community.
Top-notch Schools and employment
Beyond the realm of real estate, one of the major draws of Lorne Park is its exceptional schools. The community hosts some of the most esteemed educational institutions in Mississauga, enhancing its appeal for families with children. The commitment to quality education further solidifies Lorne Park’s reputation as an ideal choice in Mississauga real estate.
Commute with an ease
Living in Lorne Park is convenient for work commutes. The community’s well-connected roads, Mississauga Transit, and quick access to Clarkson GO Transit, including express routes to Union Station, make commuting easy for residents.
Choosing Lorne Park means choosing a lifestyle where the journey to work is as stress-free as the destination.
Investment Potential
Lorne Park has consistently garnered significant interest from homebuyers, showcasing the enduring appeal of Mississauga real estate. Homeowners investing in this area have witnessed substantial gains in their property values. Even as the market stabilizes, this trend is expected to persist, promising a fruitful investment for those considering Lorne Park as their next home.
In conclusion, Lorne Park in Mississauga offers a unique blend of tranquility, luxury, and convenience in the realm of real estate sales and housing market prices.
Lorne Park offers a great opportunity for homebuyers. With beautiful trees, spacious homes, excellent schools, and easy commuting, it’s an ideal community in the heart of Mississauga’s real estate market.