$1,549,900
961 Lakeshore Rd W
Mississauga, ON L5H 1H8
961 Lakeshore Rd W, Mississauga — Listed at $1,549,900. 8 bedroom, 7 bathroom 2-Storey Detached. MLS® W13721594.
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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
Property Details
Property Insights
Listing Courtesy of: RE/MAX GOLD REALTY INC.
MLS® #W13721594
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 $1,549,900 CAD with annual property taxes of $9,552.9 (2025).
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How this listing compares in Lorne Park
Based on 64 publicly displayed, eligible Detached listings in Lorne Park, Mississauga: sales from $1M CAD. These are asking-market observations, not sold valuations or all neighbourhood homes.
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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.