42 Cumberland Drive, Mississauga, ON L5G 3M8
A Rare Waterfront Opportunity In Prestigious Port Credit. Situated On An Exceptional Approx. 0.50 Acre Lakefront Property With Additional Riparian Water Lot Rights Of Approx. 0.90 Acres, Bringing The Total Property Area To Approx. 1.4 Acres, This Truly Unique Offering Features Breathtaking Panoramic Lake Ontario Views, Expansive Backyard Space, Private Shoreline Access, And Incredible Privacy. Surrounded By Multi-Million Dollar Waterfront Estates In One Of Mississauga's Most Coveted Lakefront Communities, This Property Presents Endless Potential For End-Users, Investors, Builders, Or Those Seeking A Luxury Waterfront Estate Setting. The Existing Residence Is Currently Habitable And Offers Immediate Use, Rental, Or Holding Potential While Future Plans Are Explored. Whether You Choose To Live In, Renovate, Or Build A Custom Dream Home, The Possibilities Here Are Exceptional. The New Embankment And Shoreline Improvements Near Completion, Further Enhancing The Long-Term Value And Enjoyment Of The Property.
Family Room
4.18 x 8.96
Main
Living Room
4.24 x 6.22
Main
Bedroom
4.24 x 5.35
Upper
Interior features
Carpet Free
Basement
Finished, Walk-Up, Separate Entrance
Bathrooms
1 × 4-piece — Upper, 1 × 3-piece — Upper, 1 × 3-piece — Ground, 1 × 3-piece — Basement
Fireplace
Yes
Family room
Yes
Kitchens
2
Rooms (above / below grade)
8 above, 0 below
Approximate age
31-50
Architectural style
1 1/2 Storey
Construction materials
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Direction faces
East
Waterfront
Direct
Garage type
Attached
Garage spaces
2
Total parking spaces
6
Driveway parking
4
Lot size
58 x 241.32 ft
Lot size area
1.407 Acres
Cross street
Lakeshore / Cumberland
Directions
Lakeshore / Cumberland
Neighbourhood
Port Credit
Heating
Forced Air — Gas
Cooling
Central Air
Water
Sewer
Sewer
List price
$4,988,000
Original list price
Annual taxes
$31,429
Tax year
2025
Assessment year
2025
Legal description
LT 21 PL H21 PORT CREDIT; LT 372W PL H21 PORT CREDIT; PT LT 20 PL H21 PORT CREDIT; PT LT 33 PL D09 PORT CREDIT; PT LT C BROKEN FRONT RANGE CREDIT INDIAN RESERVE EHS PORT CREDIT; PT LAKEVIEW BLVD & WATER LOTS PL D09 PORT CREDIT AS CLOSED BY BYLAW BL305 & PT WATER LT IN FRONT OF LT 33, PL D09 AS IN RO692004 ; S/T PC12458,PC3441 "- SEE PC12510"; MISSISSAUGA
Inclusions
Exclusions
MLS #
W13208320
Status
Active
Transaction type
For Sale
Property type
Residential Freehold
Property sub type
Detached
Days on market
List date
Possession
Flexible
Occupancy
Owner+Tenant
Listing brokerage
RE/MAX ATRIUM HOME REALTY
$1,949,999
Median list price
22
Active listings
New in last 30 days
Median days on market
Estimated monthly payment
$23,912
Educational estimate only — actual payment depends on your lender, credit, and insurance requirements.
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