961 LAKESHORE ROAD W

$1,599,900

Lorne Park, Mississauga, Ontario

  • 8 beds
  • 7 baths
Residential · Single FamilyType
12Parking
Forced air, Natural gasHeating
Central air conditioningCooling
158Days on market

About this property

Welcome to a rare offering in prestigious Lorne Park! With an impressive 103 feet of frontage on Lakeshore Rd W, this oversized property presents an exceptional opportunity to build your dream luxury estate or for developers to explore rezoning for up to 4 semi-detached homes as per seller. Currently, the property features two detached homes, each on separate water, gas & hydro meters ideal for multi-family use or income generation. Together, they produce approx. $8,500/month rental income, making this a secure holding investment while you plan your next move. Oversized 2-car detached garage, and the expansive driveway accommodates 10+ vehicles. Unmatched location: steps to Lake Ontario, scenic waterfront trails, and top-ranked schools. Just minutes to Port Credit Village, QEW & GO Transit, and surrounded by multi-million-dollar custom residences, this property is the perfect canvas for either a landmark luxury home or a boutique development project. Don’t miss this chance to create a true masterpiece in one of Mississauga’s most prestigious communities. (id:45603)

Property details

Interior

Bedrooms
8
Bedrooms above grade
6
Bedrooms below grade
2
Bathrooms
7 + 2 half
Storeys
2
Basement
Finished, Separate entrance, Walk out, N/A, N/A

Exterior & parking

Structure type
House
Architectural style
[]
Lot size
102.6 x 172.7 FT ; Irregular
Parking spaces
12
Parking features
Detached Garage, Garage
Exterior features
Brick, Vinyl siding

Building & HOA

Heating
Forced air, Natural gas
Cooling
Central air conditioning

Financial & legal

List price
$1,599,900
Annual taxes
$9,553
Tenure
Freehold
Status
Active
MLS® number
W12909550

Location

City
Mississauga
Neighbourhood
Lorne Park
Province
Ontario
Postal code
L5H1H8
Directions
Lorne Park / Lakeshore W

Mortgage calculator

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Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).