42 Cumberland Drive, Mississauga, ON

$4,988,000
MLS#:W13208320
5 beds
4 baths
3000-3500 sqft
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["1 1/2 Storey"] detached located in the coveted neighborhood of Port Credit. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $4,988,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 4 Bathrooms with 2 functional kitchens
  • Generous living space spanning 3000-3500 sqft on a premium 58 x 241.32 ft lot
  • Features a ["finished", "walk-up", "separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Carpet Free
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

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.

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Key Features

Bedrooms
5
Bathrooms
4
Kitchens
2
Living Area
3000-3500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date5/28/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size58 × 241.32 Feet
CountyPeel
Annual Tax$31,429.46
Legal DescriptionLT 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

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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42 Cumberland Drive, Mississauga, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 42 Cumberland Drive, Mississauga, ON L5G 3M8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$3,990,400
Monthly Mortgage$23,186
Property Tax (Est.)$2,619
Utilities & Maint.$350
Total Monthly Cost$26,155

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Mississauga.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Port Credit, Mississauga.

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$1,397,985

People & Families

Age Distribution

Household Composition

One-person households
22%
Families with children
48%
Couples without children
24%
Other households
6%

Top Ethnic Origins

Indian20%
Chinese10%
Canadian9%
English8%

Local Schools Guide

Elementary Schools

Forest Avenue
Public20 Forest Avenue, Port Credit, Mississauga, Ontario, L5G 1K7
3.9
Mineola
Public145 Angelene Street, Mineola, Mississauga, Ontario, L5G 1Z4
7.1
St Luke
Public1280 Cobalt Street, Lorne Park, Mississauga, Ontario, L5H 4L8
7.4
Kenollie
PublicMineola, Mississauga, Ontario, L5G 2V8
10.0
Tecumseh
Public1480 Chriseden Drive, Lorne Park, Mississauga, Ontario, L5H 1V4
6.8

Secondary Schools

Port Credit SS
PublicPort Credit, Mississauga, Ontario
7.2
Lorne Park SS
PublicLorne Park, Mississauga, Ontario
7.6
St. Paul
Catholic815 Atwater Avenue, Lakeview, Mississauga, Ontario, L5E 1L8
7.7

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied72%
Rented28%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.