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42 Cumberland Drive, Mississauga, ON L5G 3M8

Mississauga, ON

$4,988,000
MLS® #: W13208320
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Description

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.

Quick Details

Beds5
Baths4
TypeResidential Freehold
Sq Ft0
Parking Spaces6
Taxes$31,429
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Comprehensive Property Details

Approximate Age 31-50
Assessment Year 2025
Bedrooms Above Grade 5
Central Vacuum Y N No
City Region Port Credit
Contract Status Available
County Or Parish Peel
Covered Spaces 2
Cross Street Lakeshore / Cumberland
D D F Y N Yes
Den Familyroom Y N Yes
Direction Faces East
Directions Lakeshore / Cumberland
Ensuite Laundry Y N No
Expiration Date 2026-10-31
Fireplace Y N Yes
Garage Type Attached
Garage Y N Yes
Heat Source Gas
Heat Type Forced Air
Internet Address Display Y N Yes
Internet Entire Listing Display Y N Yes
Island Y N No
Kitchens Above Grade 2
Kitchens Total 2
Link Y N No
List A O R Toronto Regional Real Estate Board
List Office Name RE/MAX ATRIUM HOME REALTY
Living Area Range 3000-3500
Lot Depth 241.32
Lot Shape Irregular
Lot Size Area 1.407
Lot Size Area Units Acres
Lot Size Range Acres .50-1.99
Lot Size Source GeoWarehouse
Lot Size Units Feet
Lot Width 58
Mls Status New
Occupant Type Owner+Tenant
Parcel Number 134860136
Parking Spaces 4
Possession Details Flexible
Possession Type Flexible
Postal Code L5G 3M8
Property Sub Type Detached
Roll Number 210509000113200
Rooms Above Grade 8
Shoreline Allowance Owned
Sign On Property Y N Yes
Standard Status Active
State Or Province ON
Street Name Cumberland
Street Number 42
Street Suffix Drive
Survey Type Available
Tax 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 &a...
Tax Year 2025
Transaction Type For Sale
Vendor Property Info Statement No
Washrooms Type1 1
Washrooms Type1 Level Upper
Washrooms Type1 Pcs 4
Washrooms Type2 1
Washrooms Type2 Level Upper
Washrooms Type2 Pcs 3
Washrooms Type3 1
Washrooms Type3 Level Ground
Washrooms Type3 Pcs 3
Washrooms Type4 1
Washrooms Type4 Level Basement
Washrooms Type4 Pcs 3
Water Body Name Lake Ontario
Water Body Type Lake
Water Frontage Ft 105
Waterfront Y N Yes