Gurvinder Nokwal REALTOR®
For Sale Detached 30 days on market

$4,500,000 ↓ $399,000 from $4,899,000

Est. payment $19,925/moCalculate yours

42 Cumberland Drive, Mississauga, ON L5G 3M8

Port Credit, Mississauga, ON L5G 3M8

  • 5 Beds
  • 4 Baths
  • 2 Garage
  • 3,000 Sq Ft
Map

Listing courtesy of RE/MAX ATRIUM HOME REALTY MLS® W13802868

About this home

Client RemarksA 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 Have Completed, Further Enhancing The Long-Term Value And Enjoyment Of The Property.

Property details

Overview

Property Type
Detached
Style
1 1/2 Storey
For
For Sale
Status
Price Change
Approximate Age
31-50
Size
3,000 sqft

Interior

Bedrooms
5
Bathrooms
4
Kitchens
2
Basement
Finished, Walk-Up, Separate Entrance

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
58 x 241.32 Feet
Parking
Attached garage · 6 total

Financial

Property Taxes
$31,429 (2025)

Location

Neighbourhood
Port Credit
Cross Street
Lakeshore / Cumberland
Direction Faces
East

Listing

MLS® Number
W13802868
Days on Market
30
Listed On
2026-09-18
Possession
Flexible
Listed By
RE/MAX ATRIUM HOME REALTY

Rooms

Room Level Dimensions
Living Room Main 13′ 11″ × 20′ 5″
Family Room Main 13′ 9″ × 29′ 5″
Bedroom Upper 13′ 11″ × 17′ 7″

Features

Interior

  • Carpet Free

Pool

  • None
Included
All existing appliances. All existing window coverings, all electrical fixtures in AS IS WHERE IS CONDITION, no warranties or representation.

Mortgage calculator

Minimum for this price: $900,000 (20%)

Amortization, years

Estimated mortgage payment

$19,925 per month

Principal and interest
$19,925
Property tax
$2,619
Estimated monthly cost
$22,544

Your mortgage

Mortgage amount
$3,600,000
Mortgage insurance
Not needed
Interest over 25 years
$2,377,508

Cash to close

Down payment
$900,000
Land transfer tax
$98,975
Total, before legal fees
$998,975
Talk to me about financing

Estimates 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

42 Cumberland Drive, Mississauga, ON L5G 3M8 Port Credit, Mississauga, ON L5G 3M8
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$4,500,000 42 Cumberland Drive, Mississauga, ON L5G 3M8
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