961 Lakeshore Road West, Mississauga (Lorne Park), Ontario L5H1H8

Listing courtesy of RE/MAX GOLD REALTY INC..

$1,549,900
8
BD
7
BA

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List Price
$1,549,900
MLS®
W13721594
Days on Market
21
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
8
Bathrooms
7
Lot Size Dimensions
102.6 x 172.7 FT ; Irregular
Subdivision
Lorne Park

Property Description

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 (id:5764)

Additional Information

Ownership
Freehold
Garage
Yes
Subdivision
Lorne Park
Parking Spaces
12
Cooling
Central air conditioning
Country
Canada
Sewer
Sanitary sewer
Heating
Forced air, Natural gas
Lot Features
Irregular lot size
Stories
2

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Calculator source: Real Geeks