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Neighbourhood in Mississauga
Homes for rent in Lorne Park
Lorne Park is a quiet neighbourhood in Mississauga known for its spacious homes and friendly community. It offers a suburban lifestyle with good schools and parks nearby.
Mississauga, Ontario
© Wikimedia Commons contributors (CC BY-SA)
At a glance
1004 Cutler Court
Mississauga (Lorne Park)
Listed 8 days ago
- 3+1Bedrooms
- 4Bathrooms
- 2Garage
- 1.5K~2KSq.Ft.
DetachedFor Rent
786 Edistel Crescent
Mississauga (Lorne Park)
Listed 9 days ago
- 4Bedrooms
- 3Bathrooms
- 2Garage
- 1.1K~1.5KSq.Ft.
DetachedFor Rent
1132 Queen Street W
Mississauga (Lorne Park)
Listed 13 days ago
- 1Bedroom
- 1Bathroom
- 0Garage
- 1.5K~2KSq.Ft.
LinkFor Rent
1222 Mississauga Road
Mississauga (Lorne Park)
Listed 26 days ago
- 4+1Bedrooms
- 7Bathrooms
- 2Garage
- 3.5K~5KSq.Ft.
DetachedFor Rent
Day to dayLivability
7
Schools near listings
out of 10 · averaged over 1,013 past and present listings
Fraser Institute ratings within 2 km of each listing, closer schools weighted more
Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.
What it costsAffordability
Median asking price
$2,299,999
In Lorne Park
$2,299,999
In Mississauga
$888,000
In Ontario
$709,900
Median monthly rent
$6,060/mo
In Lorne Park
$6,060
In Mississauga
$2,700
In Ontario
$2,500
$1,207
Per square foot
≈ 31.6 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
86
Median $2,299,999
Houses 82 · Condos 4
For rent
11
Median $6,060
Houses 11
Recently sold
Sign in to see sold data
Recently leased
Sign in to see leased data
Market data as of 2026-10-25. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.
The honest readPros & cons
What people love
- Family-friendly atmosphere
- Good schools for children
- Access to parks and recreation
- High median income
- Low rental percentage
Keep in mind
- High home prices compared to city median
- Limited public transit options
- Few grocery stores
The feel of the placeLifestyle
Residents enjoy a peaceful suburban life with access to nature and community activities. Daily life is relaxed and family-oriented.
Within the boundaryWhat's nearby
The boundary
7.8 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
12
Parks
14
Playgrounds
1
Grocery stores
4
Restaurants
1
Cafés
3
Gyms
1
Libraries
3
Pharmacies
Counted across all 7.8 km² of Lorne Park. From OpenStreetMap, as of 2026-10-26.
The schoolsWhich schools, and how they rate
6.7/10
Average rating of the 3 rated schools in this area
7
Elementary
5
Secondary
Lorne Park Secondary School
Public · Grades 9–12 · Peel DSB
7.6/10130th of 742 Ontario secondary schools
795 students · EQAO 2024-2025
Tecumseh Public School
Public · Grades JK–8 · Peel DSB
6.4/107.6 over 5 yrs1,300th of 3,045 Ontario elementary schools
335 students · EQAO 2024-2025
St Luke Catholic Elementary School
Catholic · Grades JK–8 · Dufferin-Peel CDSB
6.2/106.7 over 5 yrs1,444th of 3,045 Ontario elementary schools
345 students · EQAO 2024-2025
Brian J Fleming Adult Learning CentreN
Catholic · Grades No Grades Applicable · Dufferin-Peel CDSB
Not rated
DPCDSB - POCOK Summer School
Catholic · Grades No Grades Applicable · Dufferin-Peel CDSB
Not rated
Dufferin-Peel IL -Elem
Catholic · Grades JK–8 · Dufferin-Peel CDSB
Not rated
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Lorne Park, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.
The peopleWho lives here
13,586
Population (2021)
8.5 km²
Area
1,603
People per km²
45.3
Median age
$192,593
Median income
95%
Own their home
3.1
People per household
4,470
Households
Every age
- Children (under 15)16.2%
- Working age (15–64)66.3%
- Seniors (65+)17.6%
What is built here
- Detached houses83.4%
- Semi-detached2.8%
- Townhouses11.6%
- Duplexes0.7%
- Low-rise apartments0.8%
Own or rent
95%Owners
5%Renters
Across 4,470 households
When it was built
Mostly 1961–1980
- 1960 or earlier13%
- 1961–198041%
- 1981–199015%
- 1991–200010%
- 2001–20059%
- 2006–20104%
- 2011–20153%
- 2016–20213%
Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.
- 31.9%
- Born outside Canada
- 51.2%
- Hold a degree or higher
- 60.2%
- Employment rate
- 6.9%
- Commute by transit
- 84%
- Commute by car
- 1.9
- Children per family
- $153,903
- Median income after tax
- $286,812
- Average household income
- 5.7%
- Living on a low income
- $2,181/mo
- Owners pay, per month
- $1,718,286
- Median home value at census
- 8.8%
- Renters spending 30%+ of income on housing
- 19.9%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 21 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.
Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)
What homes in Lorne Park actually rent for
65 homes were leased in Lorne Park over the 12 months to September 2026. Half leased above $4,480 and half below, 3.2% lower than the 12 months before. A typical home found its tenant in 25 days — 8 days quicker than a year ago.
- Median rent
- $4,480
- -3.2% year over year
- Days to lease
- 25
- 8 days quicker
- Leases closed
- 65
- last 12 months
- Rent per square foot
- $2.27/mo
- from 63 sized leases
Three years of rents
The line is the median. The band is the middle half of every lease — how wide it runs tells you how much one home here differs from the next.
What renters actually paid
$2,962/mo
on a $3,000 asking rent — under ask by $38
- Of the asking rent
- 98.7%
- Leased over asking
- 13.8%
From 65 leases that closed here in the last 12 months.
Rent or buy in Lorne Park
34.7 years
of rent, at the going rate here, adds up to what a home here costs.
Median sold price
$1,868,070
114 sales
Median rent
$4,480/mo
65 leases
Gross rental yield
2.88%
before costs
Both figures come from deals that actually closed in Lorne Park over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.
What actually rents in Lorne Park
A single median hides this: the mix of homes behind it, and what each kind costs.
- Detached$4,86167.7%
- Other kinds, too few of each —32.3%
How fast it moves
Median days on market, month by month. Taller means slower.
Terracotta marks the last 12 months.
Every month behind these charts — Lorne Park, rentals
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Sep 2026 | 1 | Not enough leases this month to report a median | |||
| Aug 2026 | 9 | $4,700 | $3,500 – $5,500 | 23 | 97.2% |
| Jul 2026 | 8 | $3,675 | $2,368 – $6,850 | 20 | 100.0% |
| Jun 2026 | 6 | $6,100 | $4,225 – $6,925 | 12 | 100.0% |
| May 2026 | 7 | $4,250 | $3,950 – $5,148 | 18 | 100.0% |
| Apr 2026 | 9 | $3,700 | $3,400 – $3,950 | 22 | 100.0% |
| Mar 2026 | 2 | Not enough leases this month to report a median | |||
| Feb 2026 | 6 | $5,200 | $4,275 – $5,900 | 32 | 100.0% |
| Jan 2026 | 6 | $4,013 | $3,888 – $4,381 | 14 | 100.0% |
| Dec 2025 | 4 | Not enough leases this month to report a median | |||
| Nov 2025 | 2 | Not enough leases this month to report a median | |||
| Oct 2025 | 5 | $5,200 | $4,000 – $6,500 | 33 | 94.9% |
| Sep 2025 | 5 | $5,500 | $4,900 – $5,700 | 46 | 100.0% |
| Aug 2025 | 5 | $3,700 | $2,490 – $4,600 | 24 | 100.0% |
| Jul 2025 | 5 | $4,390 | $3,975 – $5,500 | 16 | 100.0% |
| Jun 2025 | 4 | Not enough leases this month to report a median | |||
| May 2025 | 6 | $3,700 | $2,750 – $4,350 | 24 | 100.0% |
| Apr 2025 | 2 | Not enough leases this month to report a median | |||
| Mar 2025 | 8 | $4,125 | $3,850 – $5,300 | 39 | 98.1% |
| Feb 2025 | 3 | Not enough leases this month to report a median | |||
| Jan 2025 | 4 | Not enough leases this month to report a median | |||
| Dec 2024 | 7 | $5,200 | $3,500 – $7,550 | 29 | 100.0% |
| Nov 2024 | 1 | Not enough leases this month to report a median | |||
| Oct 2024 | 4 | Not enough leases this month to report a median | |||
| Sep 2024 | 3 | Not enough leases this month to report a median | |||
| Aug 2024 | 8 | $5,600 | $4,750 – $6,975 | 51 | 98.1% |
| Jul 2024 | 6 | $5,750 | $4,925 – $6,650 | 51 | 100.5% |
| Jun 2024 | 7 | $4,900 | $3,275 – $5,900 | 47 | 100.0% |
| May 2024 | 6 | $5,100 | $4,738 – $5,238 | 45 | 100.0% |
| Apr 2024 | 3 | Not enough leases this month to report a median | |||
| Mar 2024 | 3 | Not enough leases this month to report a median | |||
| Feb 2024 | 6 | $5,300 | $4,025 – $7,400 | 44 | 100.0% |
| Jan 2024 | 8 | $4,050 | $3,938 – $4,395 | 37 | 100.0% |
| Dec 2023 | 1 | Not enough leases this month to report a median | |||
| Nov 2023 | 4 | Not enough leases this month to report a median | |||
| Oct 2023 | 5 | $5,300 | $4,500 – $6,800 | 16 | 100.0% |
15 of these months closed fewer than 5 leases. A middle value taken over that few is not a market figure — with one lease it is simply that lease — so the count is shown and the median is not. The leases themselves still count toward the 12-month figures above.
What people ask about Lorne Park
How much does a home cost in Lorne Park?
Homes in Lorne Park sold for a median of $1,868,070 over the 12 months to September 2026, across 114 closed sales — half sold for more and half for less. That is 7.4% lower than the 12 months before it.
How long does it take to sell a home in Lorne Park?
A home in Lorne Park took a median of 26 days on the market over the 12 months to September 2026. Homes there closed at 95.1% of the asking price on average, with 10.5% selling over asking.
How much is rent in Lorne Park?
The median lease in Lorne Park closed at $4,480 a month over the 12 months to September 2026, across 65 leases.
Is it cheaper to rent or buy in Lorne Park?
A home in Lorne Park costs about 34.7 years of the rent on one — the median price of $1,868,070 against a median rent of $4,480 a month, a gross yield of 2.88%. The shorter that number, the closer buying is to renting before financing costs.
Compiled by HOMEH from leases reported closed in Lorne Park on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one home. Not an appraisal or an opinion of value.
A condo here is its own market
2 condo townhouses are on the market in Lorne Park right now. Too few have closed here in the last year for us to publish a median we would stand behind.