Salehian.com 647-325-5000

42 Cumberland Drive

Port Credit, Mississauga, L5G 3M8

$4,500,000

Reduced $399,000 from $4,899,000

Photo 1 of 19Photo 2 of 19Photo 3 of 19Photo 4 of 19Photo 5 of 19Photo 6 of 19Photo 7 of 19Photo 8 of 19Photo 9 of 19Photo 10 of 19Photo 11 of 19Photo 12 of 19Photo 13 of 19Photo 14 of 19Photo 15 of 19Photo 16 of 19Photo 17 of 19Photo 18 of 19Photo 19 of 19
  • 5 bedrooms
  • 4 bathrooms
  • 6 parking
  • 3000-3500 sq ft

Listed 32 days ago · MLS® W13802868

About this home

Client RemarksA 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 Have Completed, Further Enhancing The Long-Term Value And Enjoyment Of The Property.

Details

Type
Detached
Style
1 1/2 Storey
Age
31-50 years
Size
3000-3500 sq ft
Lot
58 × 241.32 ft
Basement
Finished, Walk-Up, Separate Entrance
Garage
Attached
Kitchens
2
Property tax
$31,429 (2025)
Neighbourhood
Port Credit
Municipality
Mississauga
Price per sq ft
$1,385 (42% above detached houses in Port Credit, $977)

Interior

Bedrooms
5 above ground
Bathrooms
1 × 4-piece (upper), 1 × 3-piece (upper), 1 × 3-piece (ground), 1 × 3-piece (basement)
Rooms
8 above ground
Family room or den
Yes
Fireplace
Yes
Features
Carpet Free

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
1 1/2 Storey
Exterior
Brick
Roof
Asphalt Shingle
Foundation
Concrete
Age
31-50 years
Faces
East
Waterfront
Direct

Parking

Garage spaces
2
Total parking
6

Lot

Size
58 × 241.32 ft (irregular)
Acreage
.50-1.99

More

Possession
Flexible
Cross street
Lakeshore / Cumberland

Rooms

RoomLevelSizeFeatures
Family RoomMain4.18 × 8.96 m (13'9" × 29'5")
Living RoomMain4.24 × 6.22 m (13'11" × 20'5")
BedroomUpper4.24 × 5.35 m (13'11" × 17'7")

History of this address

10 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚆 Port Credit GO16 min walk

Within a 10-minute walk: 3 grocery stores, 34 cafés and restaurants, 3 parks, 4 pharmacies. Nearest grocery: Metro (750 m). Nearest park: Hiawatha Park (250 m).

Schools nearby

Elementary

  • St. James Catholic Global Learning Centre Catholic
    EQAO: Gr 6 reading 100%, math 67%    10 min walk
  • Forest Avenue Public School
    EQAO: Gr 6 reading 80%, math 40%    11 min walk
  • Mentor College Primary Campus Private11 min walk
  • Mineola Public School
    EQAO: Gr 6 reading 93%, math 63%    18 min walk

Secondary

  • Port Credit Secondary School
    EQAO: Gr 9 math 70%, literacy test 91%    1.2 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L5G

Owners / renters
57% / 43%
Median household income
$95,000
Average age
44
Children under 15
14%
Homes
43% detached, 38% high-rise
Commute by transit
11%
Population
20,714

Languages spoken most at home besides English: Polish 2%, Mandarin 1.3%, Spanish 1%, Russian 0.7%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area in Credit Valley Conservation’s mapping.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for Peel Region (Mississauga/Brampton) police: 59 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Development nearby 1 active

  • 7 Elmwood Avenue North · 500 m
    Development application · In process · applied 2026
    Development of a purpose built rental supportive housing building with associated amenity areas. (25 homes)

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Flood and regulation mapping: Credit Valley Conservation open data. Crime Severity Index: Statistics Canada. Planning applications: City of Mississauga open data.

Living here

Commute

To Union Station (downtown Toronto): 18 km. Transit times · Driving times

Coming transit

  • 🚧 Port Credit Hazel McCallion LRT850 m · opening about 2029
  • 🚧 Mineola Hazel McCallion LRT1.5 km · opening about 2029

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence, with a City licence: not allowed in investment properties. Up to 180 nights a year, no more than 30 in a row.

City rules

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX ATRIUM HOME REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

Similar homes nearby

See more in Mississauga