$1,599,900
961 Lakeshore Rd W
Mississauga, ON L5H 1H8
961 Lakeshore Rd W, Mississauga — Listed at $1,599,900. 8 bedroom, 7 bathroom 2-Storey Detached. MLS® W12909550.
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Description
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.
Property Details
Property Insights
Listing Courtesy of: RE/MAX GOLD REALTY INC.
MLS® #W12909550
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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HouseIndex Take: 961 Lakeshore Road W
This detached (2-Storey) is located in the Lorne Park neighbourhood of Mississauga.
The home offers 8+2 bedrooms, 7 bathrooms.
Features include a finished with walk-out, separate entrance basement, 12 parking spaces including a 2-car garage, a fireplace.
Additional details: lot dimensions of 102.59 × 172.67 feet.
Listed at $1,599,900 CAD with annual property taxes of $9,552.9 (2025).
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About Mississauga Real Estate
This Detached is located in the Lorne Park community in Mississauga. Mississauga is Ontario's third-largest city, offering a strong balance of suburban space and urban amenities along the western shores of Lake Ontario. The Square One district is rapidly densifying, while established areas like Lorne Park and Erin Mills offer mature tree-lined streets. Pearson International Airport and the 403/QEW provide excellent regional connectivity. Detached homes in Mississauga are in high demand among families seeking space, privacy, and long-term equity growth.