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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 (buyer to verify). 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.
All existing appliances and ELFs
City: Mississauga
Neighborhood: Lorne Park
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Mar 12, 2023 | 182 | $2,189,000 | N/A | Expired | W5961537 |
Jul 19, 2022 | 40 | $2,250,000 | N/A | Terminated | W5703051 |
Apr 29, 2022 | 80 | $2,500,000 | N/A | Terminated | W5597479 |
Jan 18, 2019 | 69 | $2,900 | N/A | Expired | W4340408 |
Feb 28, 2017 | 6 | $1,326,000 | $1,400,000 | Sold | W3716383 |
Oct 5, 2006 | 40 | $549,000 | $480,000 | Sold | W1003039 |
May 17, 2006 | 74 | $599,000 | N/A | Expired | W907031 |
Mar 28, 2006 | 50 | $629,000 | N/A | Terminated | W867804 |
Purchase Price | $1749900 |
Down Payment | $349980 |
Mortgage Insurance | $0 |
Total Mortgage | $1399920 |
Mortgage Payment | $8627 |
Property Taxes | $796 |
Maintenance Fees | $0 |
Monthly Payment | $9423 |
Sold Comparables homes near 961 Lakeshore Rd W, Mississauga
Located at 961 Lakeshore Rd W , this Mississauga house is available for sale. This property was listed for $1,749,900 on Wed Oct 08 2025. This house's size is 2500-3000 Sqft. It has 6 bedrooms and 7 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 12 parking spots. 961 Lakeshore Rd W, Mississauga is situated in the Lorne Park neighbourhood.
MLS#: W12451387 · $1,749,900 · 6 bedroom house in Lorne Park, Mississauga