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961 Lakeshore Road W
homes for sale · Mississauga · Lorne Park
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$1,549,900

961 Lakeshore Road W

Lorne Park, Mississauga · MLS® W13721594

8712

House · Single Family · 57 days on market

listed by ANDY SINGH, RE/MAX GOLD REALTY INC.

realtor's 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

similar homes nearby

property details

type
House, Single Family
bedrooms
8
bathrooms
7
parking
12
property tax
$9,553 / yr
days on market
57
MLS®
W13721594

features

  • Irregular lot size
  • Water meter

monthly cost

$7,549/mo
Mortgage $6,753 · Tax $796

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$6,753/ monthly
loan $1,239,920
25-year amortization
total interest
$785,910
cash to close
$309,980
down payment; transfer tax and fees not included
total paid
$2,025,830

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
ANDY SINGH
RE/MAX GOLD REALTY INC.
call ANDY · 647-867-1660
Powered by: REALTOR.ca

location

Lorne Park, MississaugaGoogle Maps ↗

location

Lorne Park, MississaugaGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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