16
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$4,988,000
Est. payment /mo
5 Beds
4 Baths
Active
42 Cumberland DR Mississauga, ON L5G 3M8
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Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision Port Credit
MLS Listing ID W13208320
Style 1 1/2 Storey
Bedrooms 5
Annual Tax Amount $31,429
Tax Year 2025
Property Sub-Type Detached
Property 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.
Location
Province ON
County Peel
Area Peel
Body of Water Lake Ontario
Rooms
Family Room Yes
Basement Finished, Walk-Up, Separate Entrance
Kitchen 2
Interior
Interior Features Carpet Free
Cooling Central Air
Fireplace Yes
Heat Source Gas
Exterior
Garage Spaces 2.0
Pool None
Waterfront Description Direct
View Lake
Roof Type Asphalt Shingle
Road Frontage Public Road
Lot Frontage 58.0
Lot Depth 241.32
Total Parking Spaces 6
Building
Building Age 31-50
Foundation Concrete
Others
ParcelsYN No
Listed by RE/MAX ATRIUM HOME REALTY