$1,549,900
Est. payment $6,863/moCalculate yours
961 Lakeshore Road W, Mississauga, ON L5H 1H8
Lorne Park, Mississauga, ON L5H 1H8
- 6 + 2 Beds
- 7 Baths
- 2 Garage
- 2,500 Sq Ft
Listing courtesy of RE/MAX GOLD REALTY INC. MLS® W13721594
About this home
The Land Speaks for Itself. A property of this scale rarely surfaces in Lorne Park. At 103 feet of prime frontage on Lakeshore Rd W, this oversized lot offers a genuine choice: build the landmark luxury estate this address deserves or pursue a boutique development play. In the meantime, the property works hard. Two detached homes - each on independent water, gas, and hydro meters - generate approximately $8,500/m in rental income, giving you a productive hold while you plan and permit. The infrastructure is already in place: an oversized two-car detached garage and an expansive driveway accommodating 10+ vehicles - rare utility for a lot of this calibre. The location needs little elaboration. Steps to the Lake Ontario waterfront and its trails. Walking distance to top-ranked schools. Minutes to Port Credit Village, the QEW, and GO Transit. Surrounded by custom residences in the multi-million-dollar range - the neighbourhood sets the ceiling high. Whether your vision is a private estate or a curated development, the fundamentals here are hard to replicate
Property details
Overview
- Property Type
- Detached
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 2,500 sqft
Interior
- Bedrooms
- 6 + 2
- Bathrooms
- 7
- Kitchens
- 3
- Total Rooms
- 8
- Basement
- Finished with Walk-Out, Separate Entrance
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Shingles
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 102.59 x 172.67 Feet
- Parking
- Detached garage · 12 total
Financial
- Property Taxes
- $9,553 (2025)
Location
- Neighbourhood
- Lorne Park
- Cross Street
- Lorne Park / Lakeshore W
- Direction Faces
- North
Listing
- MLS® Number
- W13721594
- Days on Market
- 51
- Listed On
- 2026-08-28
- Possession
- TBD
- Listed By
- RE/MAX GOLD REALTY INC.
Features
Interior
- None
Pool
- None
- Included
- All existing appliances and ELFs
- Rental items
- One Hot Water Tank rental and the other one is owned
Mortgage calculator
Estimated mortgage payment
$6,863 per month
- Principal and interest
- $6,863
- Property tax
- $796
- Condo fees
- $0
- Estimated monthly cost
- $7,659
Your mortgage
- Mortgage amount
- $1,239,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $818,867
Cash to close
- Down payment
- $309,980
- Land transfer tax
- $27,473
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $337,453
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
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