Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Port Credit. Expertly crafted featuring premium stucco (plaster) and stone construction, this residence presents an exceptional opportunity offered at $7,399,999 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.
Positioned between two yacht clubs along one of Port Credit's most desirable waterfront stretches, this private lakefront residence offers 50 ft of shoreline with riparian rights extending approximately 300 ft into Lake Ontario (total depth including the water lot is 576.53 ft), delivering true, unobstructed access to life on the water. Designed for effortless indoor-outdoor living, the grounds feature a saltwater pool, 8-person hot tub, and mature, irrigated landscaping leading to a covered ~500 sq ft waterside terrace. Complete with professional-grade Napoleon gas BBQs and rotisserie, it is a setting made for long summer evenings overlooking the lake. Inside, floor-to-ceiling glass and Schüco doors frame uninterrupted water views, filling the open-concept main floor with natural light. The chef's kitchen with centre island and pantry anchors generous living and dining spaces, while a Rose Hill custom walk-in wine cellar with temperature-controlled cooler adds a refined, collector-level touch. A main floor bedroom with adjacent 3-piece bath offers flexibility and accessibility. Across five bedrooms, including three with direct water views, and multiple family spaces, the home balances everyday comfort with elevated entertaining. The primary suite is a private retreat, complete with a spa-inspired ensuite, double-sided fireplace, and an expansive ~500 sq ft waterfront balcony, for incredible sunrise views. A fully finished lower level with kitchen, full bath, separate entrance, and two recreation areas provide ideal in-law or guest accommodation. With dual furnaces and AC for zoned comfort, Lutron lighting, Sonos multi-zone audio, and full security, the home is designed for seamless modern living. Parking for eight completes the offering. Steps to waterfront trails and minutes to the village, with easy access to downtown Toronto, this is a rare opportunity to own a refined home, defined by its resort-style outdoor amenities and exceptional position on the lake.
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Waterfront, Park, Lake/Pond, Marina, Lake Access, Clear View
Water Heater, Auto Garage Door Remote
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 102 Cumberland Drive, Mississauga, ON L5G 3M8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Mississauga.
About Purchasing a Home in Mississauga, ON
For a property listed at $7,399,999 in Mississauga, the legal minimum down payment is $1,480,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $171,475 for this transaction. As this listing is in Mississauga (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $171,475.
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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.