$6,580,000
Est. payment $29,135/moCalculate yours
120 Cumberland Drive, Mississauga, ON L5G 3M8
Port Credit, Mississauga, ON L5G 3M8
- 4 + 2 Beds
- 3 Baths
- 2 Garage
- 3,500 Sq Ft
Listing courtesy of T-ONE GROUP REALTY INC., MLS® W13694340
About this home
Once-in-a-lifetime rare 74.93 Ft x 214.50 Ft waterfront property on one of Port Credit’s most prestigious lakefront estate streets, with riparian water lot rights extending approximately 532.77 ft into Lake Ontario. A truly exceptional and generational offering with breathtaking panoramic lake views, expansive lakeside grounds, private shoreline access, and rare existing concrete wharf/dock infrastructure. Surrounded by multi-million dollar waterfront estates in one of Mississauga’s most coveted communities, this property presents an extraordinary opportunity for end-users, investors, builders, or those seeking the ultimate luxury waterfront setting. The existing residence offers a substantial footprint, including a former indoor pool area converted to additional living space, soaring approximately 16 ft foyer ceilings, and endless possibilities for renovation, updating, or redevelopment into a world-class custom estate.The home is currently comfortably habitable and offers immediate end-use, rental, or holding potential while future plans are explored. Originally built in 1977, major components including the furnace, water heater, and roof have been repaired or replaced since 2019. Enjoy an unmatched luxury lifestyle just steps to Port Credit’s vibrant shops, restaurants, marinas, and waterfront trails. Whether you choose to live in, renovate, or build your dream waterfront estate, the possibilities here are truly exceptional. Motivated seller, show and fall in love!
Property details
Overview
- Property Type
- Detached
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 3,500 sqft
Interior
- Bedrooms
- 4 + 2
- Bathrooms
- 3
- Kitchens
- 2
- Basement
- Unfinished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Unknown
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 74.93 x 532.77 Feet
- Parking
- Attached garage · 8 total
Financial
- Property Taxes
- $39,676 (2026)
Location
- Neighbourhood
- Port Credit
- Cross Street
- Cumberland Dr & Wenonah Dr
- Direction Faces
- South
Listing
- MLS® Number
- W13694340
- Days on Market
- 59
- Listed On
- 2026-08-20
- Possession
- Immediate
- Listed By
- T-ONE GROUP REALTY INC.,
Rooms
Features
Interior
- Central Vacuum
Pool
- None
Mortgage calculator
Estimated mortgage payment
$29,135 per month
- Principal and interest
- $29,135
- Property tax
- $3,306
- Condo fees
- $0
- Estimated monthly cost
- $32,441
Your mortgage
- Mortgage amount
- $5,264,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $3,476,445
Cash to close
- Down payment
- $1,316,000
- Land transfer tax
- $150,975
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $1,466,975
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
This photo could not be loaded.