Lakeview for 126 Cumberland Dr, Mississauga Ontario L5G 3M8
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Lakeview for 126 Cumberland Dr, Mississauga Ontario L5G 3M8
12 Days on Market

126 Cumberland Dr, Mississauga, Ontario L5G 3M8

$7,999,999
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Detached
-
-
- sqft

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Highlights

Estimated Value$5,308,000*

Price/Sqft-

Days On Market12 days

Est. Mortgage$34,357/mth

Tax Amount (2023)$29,743/yr

*Last updated on: 24/05/05

Description

Immerse yourself in exclusivity of double wide waterfront lot nestled on highly renowned Cumberland. This property boasts an impressive depth of approx. 220 ft, accompanied by an additional 250 ft of riparian rights, granting unprecedented access to breathtaking views. Bring dream home to life on prestigious canvas, with potential to construct a magnificent abode spanning up to a staggering 10,600 sqft of liv space. Designed by renowned visionary, David Small, this architectural masterpiece is tailored to accom. 5 lavish bdrms, 3-car garage, covered patio, and captivating rooftop balcony to fully indulge in surrounding beauty. Unwind in own private oasis, complete with infinity pool, luxurious hot tub, perfect ambiance for intimate gatherings. Bsmt renders array of possibilities, including inviting rec room, state-of-the-art fitness area, nanny suite, and option for a golf simulation or a private theater to entertain. This unparalleled property also offers the remarkable potential to be severed into two separate lots, allowing for the creation of a 60-foot and a 40-foot haven, each possessing its own unique charm.


Property Details

StyleLand
View-
Age of property-
SqFt-
Lot Size51,499 SqFt(514.99 x 100)
Parking Spaces-
MLS ®Number40576419
Community NamePort Credit
Board NameITSO

Features

Lot size: 51,499 SqFt
Sewer (Municipal)

Property History

Now
Listed for$7,999,999
11 days on market
history photo preview15
Now
Listed for$7,999,999
12 days on market
history photo preview14
Apr 23, 2024
Listed for$8,000,000Terminated
165 days on market
history photo preview14
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Property listed by Royal LePage Real Estate Services Phinney Real Est, Brokerage

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Market DataFor the past 30 days in Port Credit

Median Selling Price

$1,899,000

42.78% more than GTA:

$1,330,000

Median Bidding

Underbidding - Trending to buyer market

-$28,000

GTA median: -$4,000

Median Number of Sales

9 sales

2958 sales less than GTA:

2967 sales

Median Number of Days on Market

8 days

1 day less than GTA:

9 days

Want more insights?Visit the Market Pulse


Schools and amenities

Estimated Budget

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