1578 Spring Rd
Lorne Park, Mississauga, Ontario L5J 1N3
- Bedrooms
- 4+1
- Bathrooms
- 6
- Size
- 5,000 +sq ft
- Lot
- 100 x 268 ft
- Tax a year
- $28,5252026 tax year
- Built
- 6-15
- Parking
- 73 attached
- Days on market
- Members
The brief
About 1578 Spring Rd
1578 Spring Rd is a 4+1-bedroom, 6-bathroom detached house in Lorne Park, Mississauga, listed for sale at an asking price of $5,890,000 (MLS® W13774754).
Resort-style living defines this extraordinary residence, where a spectacular outdoor retreat features an inground pool, covered heated patio, fully equipped stone outdoor kitchen, gas fireplace and a one-of-a-kind elevated terrace of approximately 1,000 sq. ft. with cedar gazebo overlooking the pool. Leathered-granite counters, gas BBQ, cooktop and sink, together with an outdoor media feature and three overhead gas heaters, create an exceptional setting for entertaining. The resort experience continues indoors on the spectacular walkout lower level, featuring a luxurious spa suite with sauna, rain shower and striking Cambria finishes, alongside radiant-heated Italian tile, 8-ft Kolbe doors, glass-enclosed walnut wine cellar, elegant refreshment bar with Dekton surfaces and premium appliances, fitness studio, purpose-built theatre and fifth bedroom.Offering over 7,000 sq. ft. of exquisitely finished living space, this exceptional home underwent an extensive, permitted, architect-designed renovation completed in 2024. The main level showcases rich hardwood flooring, multiple fireplaces and a chef's kitchen with granite surfaces, Wolf appliances, Sub-Zero refrigeration and a Miele dishwasher, complemented by an elegant servery with a second Miele dishwasher and under-counter bar refrigerator. A custom walnut executive office and thoughtfully designed pantry/laundry area enhance functionality. Upstairs, heated bathroom flooring, select Hunter Douglas PowerView motorized shades and custom detailing add comfort and refinement. Whole-home Vantage lighting, distributed audio, smart exterior systems, 14-camera surveillance, 24 kW Generac standby generator, Kinetico water treatment, two furnace and central air systems and a fully finished three-car garage complete this exceptional offering.
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$17,549/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 5 detached homes with 5 bedrooms for lease in Lorne Park right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $28,525 / 2026
- MLS® number
- W13774754
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 6-15
- Days on market
- Size
- 5000 + sqft
- Lot Size
- 100 x 268 ft
- Listed on
- Parking
- 3 Attached, 7 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- Lorne Park
- Municipality
- Mississauga
Building
- Size
- 5000 + sqft
- Building Age
- 6-15
- Construction
- Stone
Inside
- Bedrooms
- 4+1
- Bathrooms
- 6
- Bathroom Details
- 1 × 5pc 2nd, 3 × 3pc 2nd, 1 × 4pc Bsmt, 1 × 2pc Main
- Basement Type
- Finished
- Kitchens
- 1
Parking
- Garage Type
- Attached
- Garage
- 3
- Additional Parking
- 4
- Total Parking
- 7
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 100 ft
- Depth
- 268 ft
- Lot Size
- 100 x 268 ft
Additional
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- Inground
- Den
- Yes
- Family room
- Yes
- Extras
- Wolf double-oven range, microwave drawer & convection speed oven; Sub-Zero fridge/freezer; 3 Miele dishwashers (kitchen, servery & lower-level entertainment kitchen); 24" servery bar fridge; 24" upper pantry fridge; washer, dryer & Samsung freezer; lower-level Fisher & Paykel convection/microwave, built-in coffee maker & integrated fridge/freezer; outdoor gas BBQ, 2-burner cooktop & 3 gas patio heaters; sauna heater/controls; garage door openers/remotes; window coverings incl. motorized Hunter Douglas shades/controls/remotes; Vantage lighting control; distributed-audio wiring; Kichler landscape lighting; Hunter Hydrawise irrigation; Provision-ISR 14-camera surveillance/recording equipment; hardwired alarm; Generac Guardian standby generator/transfer switch; Kinetico water softening, chlorine removal & reverse osmosis; IBC VX150 boiler & Thermo 2000 TurboMax 65-EXT indirect water heater/buffer tank (2022).
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 4.6 × 4.07 m | hardwood floor, Gas Fireplace, Pot Lights | Main |
| Dining | 4.26 × 5.94 m | hardwood floor, Coffered Ceiling, Pot Lights | Main |
| Office | 5.33 × 4.08 m | hardwood floor, Coffered Ceiling, Pot Lights | Main |
| Family | 4.83 × 6.56 m | hardwood floor, Gas Fireplace, Pot Lights | Main |
| Kitchen | 5.7 × 3.33 m | hardwood floor, Centre Island, Stone Counter | Main |
| Breakfast | 5.7 × 3.22 m | hardwood floor, Large Window, Pot Lights | Main |
| Pantry | 1.9 × 3.39 m | hardwood floor, Bar Sink, Stone Counter | Main |
| Primary | 4.29 × 6.56 m | hardwood floor, 6 Pc Ensuite, Electric Fireplace | 2nd |
| 2nd Br | 5.44 × 5.16 m | hardwood floor, 3 Pc Ensuite, Double Closet | 2nd |
| 3rd Br | 5.49 × 6.5 m | hardwood floor, 3 Pc Ensuite, Double Closet | 2nd |
| 4th Br | 5.42 × 4.54 m | hardwood floor, 3 Pc Ensuite, Double Closet | 2nd |
| Rec | 8.36 × 6.37 m | Wet Bar, Gas Fireplace, Pot Lights | Bsmt |
| Exercise | 4.3 × 6.37 m | Above Grade Window, Mirrored Walls, Pot Lights | Bsmt |
| 5th Br | 4.08 × 4.41 m | W/O To Patio, Double Closet, Pot Lights | Bsmt |
| Media/Ent | 6.92 × 4.12 m | Broadloom, Built-In Speakers, Pot Lights | Bsmt |
Listing history
Buy/sell history for 1578 Spring Rd, Mississauga, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $5,890,000 | N/A | For Sale | W13774754 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $1,178,000
- Total mortgage amount
- $4,712,000
- Total interest payment
- $3,349,600
- Total purchase cost
- $9,239,600
- Mortgage payment
- $26,872/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
72%Monthly carrying cost
$29,249- Rent $11,700
- Shortfall $17,549
Rental income opens at $11,700, the median asking rent of 5 comparable homes for lease in Lorne Park. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $133,725
- Total land transfer tax
- $133,725
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $129,725
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $2,000,000
- $32,000
- 2.5% from $2,000,000 to $5,890,000
- $97,250
- Ontario total
- $133,725
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 26,800 sq ft2,490 m²
- Street frontage
- 100 ft30.5 m
- Depth
- 268 ft81.7 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Credit Valley Conservation’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m1 test or monitoring hole also recorded.250 m
- Groundwater recorded about 3 m below ground nearbyThe middle water level in the well records within 500 m (23 records). It changes with the season and from spot to spot.500 m
Credit Valley Conservation · Province of Ontario open data
Planning and building activity1
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
Province of Ontario open data
Around the home2
- Nearest rail line: 170 m170 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Ontario Clean Water Agency — Lorne Park Water Treatment Plant, 1.4 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Alectra Utilities CorporationAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Credit Valley Conservationor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under Credit Valley Conservation Open Data Licence v1.0.
The market
Detached homes for sale in Lorne Park right now
- For sale now
- 78
- Median asking price
- $2.45M
- New in 7 days
- 8
- Price cuts
- 13%
Middle half: $1.8M to $3.38M
28 in 28 days
10 listings
This home is asking 140% above the median, higher than three quarters of them.
See all homes in Lorne ParkAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Clarkson GO | GO Transit train: Lakeshore West | 1.5 km |
| Port Credit GO | GO Transit train: Lakeshore West | 4.6 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St Christopher SchoolDufferin-Peel CDSB | Catholic · grades JK–8 | 400 m | 82%Grade 6 average |
| Whiteoaks Public SchoolPeel DSB | Public · grades JK–6 · French Immersion | 700 m | 78%Grade 3 average |
| Owenwood Public SchoolPeel DSB | Public · grades JK–6 | 1.1 km | 86%Grade 3 average |
| École élémentaire Horizon JeunesseConseil scolaire Viamonde | French-language public · grades JK–6 | 1.9 km | 99%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Lorne Park Secondary SchoolPeel DSB | Public · grades 9–12 | 750 m | 74%Grade 9 math |
| Iona Secondary SchoolDufferin-Peel CDSB | Catholic · grades 9–12 | 1.9 km | 57%Grade 9 math |
| Clarkson Secondary SchoolPeel DSB | Public · grades 9–12 · French Immersion | 2.9 km | 49%Grade 9 math |
| École secondaire Gaétan GervaisConseil scolaire Viamonde | French-language public · grades 9–12 | 9.3 km | 85%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Lorne Park are shown to signed-in members.