961 Lakeshore Road W, Mississauga, ON L5H 1H8

Listing courtesy of RE/MAX GOLD REALTY INC..

$1,549,900
8
BD
7
BA
2,500
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,549,900
MLS®
W13721594
Days on Market
20
Status
ACTIVE
Type
Single Family Residential
Subtype
Detached
Bedrooms
8
Bathrooms
7
Living Area
2,500
Subdivision
Lorne Park / Lakeshore W

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

Additional Information

Subdivision
Lorne Park / Lakeshore W
Parking Spaces
12
Country
CA
Sewer
Sewer
Roof
Shingles
Garage Spaces
2
Lot Features
Irregular Lot

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks