961 Lakeshore Road, Mississauga, ON

$1,599,900
MLS#:W12909550
8 beds
7 baths
2500-3000 sqft
12.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Lorne Park. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,599,900 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.

  • 8 Bedrooms and 7 Bathrooms with 3 functional kitchens
  • Generous living space spanning 2500-3000 sqft on a premium 102.59 x 172.67 ft lot
  • Features a ["finished with walk-out", "separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 12.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: None
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

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.

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Key Features

Bedrooms
8
Bathrooms
7
Kitchens
3
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date3/23/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick, Vinyl Siding
Lot Size102.59 × 172.67 Feet
CountyPeel
Annual Tax$9,552.9
Legal DescriptionPt Lt 22, Con 2 Sds Tt, Pt 1, 43R11364

Parking & Garage

Parking Spaces12.0
Garage Spaces10
Garage TypeDetached

Heating & Cooling

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

Features

Property Features

Community Features

Location

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961 Lakeshore Road, 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 961 Lakeshore Road W, Mississauga, ON L5H 1H8

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.

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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.
Financial Audit

Estimated Costs

Loan Amount$1,279,920
Monthly Mortgage$7,437
Property Tax (Est.)$796
Utilities & Maint.$350
Total Monthly Cost$8,583

Strategic Fiscal Clarity

Informed buyers do not make decisions based on list price alone. This analysis ensures your transition to a superior residence is supported by absolute fiscal certainty.

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