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961 Lakeshore Road Mississauga ON

📍 Mississauga, Ontario L5H 1H8

$1,599,900

Active
8BEDS
7BATHS
12PARKING
3KITCHENS
102.59×172.67LOT (FT)

📋 Listing Highlights

StatusActive
MLS®W12909550
ListedMar 23, 2026
Days on Market—
Property TypeResidential Freehold
StyleDetached
Cross StreetLorne Park / Lakeshore W
PossessionTBD

📝 Listing Description

Welcome to a rare offering in prestigious Lorne Park! With an impressive 103 feet of frontage on Lakeshore Rd W, this oversized property presents an exceptional opportunity to build your dream luxury estate or for developers to explore rezoning for up to 4 semi-detached homes as per seller. Currently, the property features two detached homes, each on separate water, gas & hydro meters ideal for multi-family use or income generation. Together, they produce approx. $8,500/month rental income, making this a secure holding investment while you plan your next move. Oversized 2-car detached garage, and the expansive driveway accommodates 10+ vehicles. Unmatched location: steps to Lake Ontario, scenic waterfront trails, and top-ranked schools. Just minutes to Port Credit Village, QEW & GO Transit, and surrounded by multi-million-dollar custom residences, this property is the perfect canvas for either a landmark luxury home or a boutique development project. Don't miss this chance to create a true masterpiece in one of Mississauga's most prestigious communities.

🏠 Property Details

Property TypeResidential Freehold
StyleDetached
Bedrooms8
Bathrooms7
Kitchens3

📐 Lot & Land

Lot Width102.59 ft
Lot Depth172.67 ft
Cross StreetLorne Park / Lakeshore W

🔧 Building & Utilities

Heat SourceGas
HeatingForced Air
CoolingCentral Air
BasementFinished with Walk-Out, Separate Entrance
GarageDetached
Garage Spaces2
Parking12
ConstructionBrick, Vinyl Siding
RoofShingles

💰 Financial

List Price$1,599,900
Annual Taxes$9,552.9 (2025)
PossessionTBD

🧮 Mortgage Calculator

$319,980
Est. Monthly Payment
$7,860/mo
Principal: $1,279,920 · P+I only
Does not include taxes, insurance or CMHC

📍 Location

Listing provided by RE/MAX GOLD REALTY INC.Data via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #W12909550 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.