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2131 Cawthra Road

Lakeview / Mississauga, ON L5A 2W6

ActiveFor Sale
3 Beds
2 Baths
1,500 Sq Ft
Single Family Home
Virtual Tour Available

About This Property

A rare offering of an exceptional development opportunity in the heart of Mississauga. Situated on a premium 66 x298ft lot with dual frontage potential on Cawthra Road and Duchess Drive, this property presents a prime opportunity for developers to build two detached homes-one fronting each street. A 1000 sqft Detached Garage that has multy use and offers 4 car spaces. Ideal for builders seeking scale, investors planning future redevelopment, or end users looking to live now and build later, this property offers outstanding flexibility and long-term value. Conveniently located just minutes from the QEW and surrounded by top-ranked schools, parks, shopping, and restaurants, the location is both strategic and highly desirable. The existing two-storey home, built in 1998, features a functional layout with great potential. The main floor offers an L-shaped living and dining area with soaring cathedral ceilings open to above, a bright square kitchen with breakfast bar overlooking the expansive backyard, as well as a main floor bedroom and a 3-piece washroom. The second floor includes a spacious loft overlooking the living/dining area and backyard-ideal as a family room or potential fourth bedroom along with two generously sized bedrooms and a 4-piece washroom. Zoned LR (Large Residential Lot), the property holds the potential for severance and redevelopment into two separate residential dwellings. Future address allocation may allow the second home to front onto Duchess Drive. A truly unique opportunity to secure a high-potential parcel in one of Mississauga's most sought-after neighbourhoods.

Property Details

StatusActive
Property TypeSingle Family Home
Listing TypeFor Sale
Interior Size1,500 sq ft
Bedrooms3
Bathrooms2
Postal CodeL5A 2W6
Last UpdatedAug 8, 2026 · 2:50 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® W13494286

Listed by RE/MAX REALTY SPECIALISTS INC.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$1,649,900

asking price

MLS®W13494286
TypeSingle Family Home
CityMississauga
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$8,057

/month · $1,319,920 mortgage

Down Payment20% — $329,980
Interest Rate5.5%

Amortization

Total Interest

$1,097,084

Total Cost

$2,417,004

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

RE/MAX REALTY SPECIALISTS INC.