Gurvinder Nokwal REALTOR®
For Sale Detached 51 days on market

$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
Map

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

Minimum for this price: $309,980 (20%)

Amortization, years

Estimated mortgage payment

$6,863 per month

Principal and interest
$6,863
Property tax
$796
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
Total, before legal fees
$337,453
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

961 Lakeshore Road W, Mississauga, ON L5H 1H8 Lorne Park, Mississauga, ON L5H 1H8
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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).

$1,549,900 961 Lakeshore Road W, Mississauga, ON L5H 1H8
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