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42 Cumberland Drive

Port Credit / Mississauga, ON L5G 3M8

ActiveFor Sale
5 Beds
4 Baths
3,000 Sq Ft
1 Lot Sq Ft
Single Family Home

About This Property

A Rare Waterfront Opportunity In Prestigious Port Credit. Situated On An Exceptional Approx. 0.50 Acre Lakefront Property With Additional Riparian Water Lot Rights Of Approx. 0.90 Acres, Bringing The Total Property Area To Approx. 1.4 Acres, This Truly Unique Offering Features Breathtaking Panoramic Lake Ontario Views, Expansive Backyard Space, Private Shoreline Access, And Incredible Privacy. Surrounded By Multi-Million Dollar Waterfront Estates In One Of Mississauga's Most Coveted Lakefront Communities, This Property Presents Endless Potential For End-Users, Investors, Builders, Or Those Seeking A Luxury Waterfront Estate Setting. The Existing Residence Is Currently Habitable And Offers Immediate Use, Rental, Or Holding Potential While Future Plans Are Explored. Whether You Choose To Live In, Renovate, Or Build A Custom Dream Home, The Possibilities Here Are Exceptional. The New Embankment And Shoreline Improvements Near Completion, Further Enhancing The Long-Term Value And Enjoyment Of The Property.

Property Details

StatusActive
Property TypeSingle Family Home
Listing TypeFor Sale
Interior Size3,000 sq ft
Lot Size1 sq ft
Bedrooms5
Bathrooms4
Postal CodeL5G 3M8
Last UpdatedAug 8, 2026 · 5:55 p.m.

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Features & Amenities

  • Waterfront
  • View
  • Fireplace
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® W13208320

Listed by RE/MAX ATRIUM HOME REALTY

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.

$4,988,000

asking price

MLS®W13208320
TypeSingle Family Home
CityMississauga
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$24,357

/month · $3,990,400 mortgage

Down Payment20% — $997,600
Interest Rate5.5%

Amortization

Total Interest

$3,316,719

Total Cost

$7,307,119

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

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Listed By

RE/MAX ATRIUM HOME REALTY