$4,988,000Asking Price
42 Cumberland Drive, Mississauga, ON L5G 3M8
Port Credit, Mississauga
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.
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.
See MoreKey Info
- 1.5-Storey Detached
- 4-Car Driveway
- 2-Car Attached Garage
- Lakeshore / Cumberland
- 3000-3500 Approximate Sq Feet
- 31-50 Years Approximate Age
- Finished Basement
- 2 Kitchens
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 58 x 241.32 Feet
- .50-1.99 Acreage
- Brick Exterior
- Direct Waterfront Access
- Taxes were $31,429 in 2025
- Possession: Flexible
Details
- Fireplace
- Family Room
- Sewers
- Municipal Water
- MLS #W13208320
- RE/MAX ATRIUM HOME REALTY
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 1 4-Piece Bathroom on Upper | |||
| 1 3-Piece Bathroom on Upper | |||
| 1 3-Piece Bathroom on Ground Floor | |||
| 1 3-Piece Bathroom | |||
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Who lives here?
Port Credit, Mississauga is a west GTA neighbourhood notable for its singles, renters, executives, business and education, law & public sector professionals and salespeople. Residents tend to be older with a significant number of adults aged 30 to 44, 30 to 44, 30 to 44 and 30 to 44 and seniors aged 65 to 74.
Families
Kids Per Family
0.8
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
54%
of residents are
single and loving it.
54% singles
Mississauga (44%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
65%
of residents
are renters.
65% renters
Mississauga (29%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
40%
of residents are
university grads.
40% university grads
Mississauga (45%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$112K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 16% |
| Business | 13% |
| Management | 9% |
| Government | 8% |
| Trades | 7% |
Immigrants
34%
of residents were
born outside of Canada.
34% immigrants
Mississauga (56%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
4.0% from UK
All-time
Birthplace - Recent
0.7% from Egypt
Recent
Foreign Languages
Foreign Languages
| Polish | 4% |
| Arabic | 2% |
| French | 2% |
| Spanish | 2% |
| Italian | 1% |
Religions
Religions
| Christian | 65% |
| Muslim | 4% |
| Hindu | 2% |
| Jewish | 1% |
