961 Lakeshore Road W, Mississauga, ON L5H 1H8
- $1,549,900
- 8
- BD
- 7
- BA
- 2,500
- SqFt
- List Price
- $1,549,900
- MLS#
- W13721594
- Status
- ACTIVE
- Type
- Single Family Residential
- SubType
- Detached
- Style
- 2-Storey
- Bedrooms
- 8
- Bathrooms
- 7
- Living Area
- 2500-3000
- Province
- ON
- Municipality
- Mississauga
- Area
- Peel
- Neighborhood
- Lorne Park
- 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
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Additional Information
- Taxes
- $9,552
- Heat Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning
- Central Air
- Rooms
- 8
- Family Room
- Yes
- Kitchens
- 3
- Exterior
- Brick
- Garage Spaces
- 2
- Garage Type
- Detached
- Pool
- None
- Parking Spaces
- 12
- Parking Type
- Private
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Listing courtesy of RE/MAX GOLD REALTY INC..