961 Lakeshore Road
Lorne Park, Mississauga, L5H 1H8
FOR SALE
$1,599,900

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6 + 2
BEDROOMS7
BATHROOMS2 + 1
KITCHENS10 + 3
ROOMSW12909550
MLSIDContact Us
Property Description
Welcome to a rare offering in prestigious Lorne Park! With an impressive 103 feet of frontage on Lakeshore Rd W, this oversized property presents an exceptional opportunity to build your dream luxury estate or for developers to explore rezoning for up to 4 semi-detached homes as per seller. Currently, the property features two detached homes, each on separate water, gas & hydro meters ideal for multi-family use or income generation. Together, they produce approx. $8,500/month rental income, making this a secure holding investment while you plan your next move. Oversized 2-car detached garage, and the expansive driveway accommodates 10+ vehicles. Unmatched location: steps to Lake Ontario, scenic waterfront trails, and top-ranked schools. Just minutes to Port Credit Village, QEW & GO Transit, and surrounded by multi-million-dollar custom residences, this property is the perfect canvas for either a landmark luxury home or a boutique development project. Don't miss this chance to create a true masterpiece in one of Mississauga's most prestigious communities.
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2017-02-28 | 2017-03-06 | 6 | $1,326,000 | $1,400,000 |
| 2006-10-05 | 2006-11-14 | 40 | $549,000 | $480,000 |
| 2002-11-08 | 2002-11-16 | 8 | $389,000 | $390,000 |
Nearby Intersections
Property Features
None, Private, Irregular Lot
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Property Details
Address
961 Lakeshore Road
Community
City
Postal Code
L5H 1H8
Property Type
Detached, Detached
Lot Size
103' x 173'
Taxes
$9,553 (2025
Basement
Finished with Walk-Out, Separate Entrance
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
10
Garage Type
Detached
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Listing contracted with Re/Max Gold Realty Inc.
Excellent Location. Beautiful Layout. 2 Storey Detached 5 Bedrooms Home with 3 bathrooms on the second Level. Enjoy living in 3085 sq.ft in addition to 1360 Sq.ft of Finished Lower level with 2 Bathrooms (1-4pd ,1-3pc) and Separate Entrance. Circular Stairway, Separate living and dining rooms. Main floor family room with Fireplace. Large Kitchen with Island and Granite tops, walkout to large deck and backyard. Main Floor Library/Den. Large Master Bedroom with 5 pc. Bathroom and walk-in closet. Interlock driveway that would fit 6 cars in addition to double car Garage. Hardwood floors on main level & most of the second Level. Upper Floor Den has a closet and could be used as as a bedroom. Main floor 2pc Bathroom, Laundry and access to Garage.
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Fantastic Detached 5 Bedrooms, 6 Washrooms all solid stone house In The vibrant Lakeview Community. Many Upgrades, Freshly Painted, Separate Entrance To The basement apartment Through Garage. Beautiful maintenance free 20X10 composite Deck At Backyard. 15 minute drive to downtown Toronto, walk minutes to lake Ontario. Close To All Amenities, School, Golf Course, Park, Library, Transit At The Door Step
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Exceptional opportunity to own a truly unique and versatile property at 3460 Cawthra Road. Situated on a prominent corner lot, this expansive 6-level side split offers an impressive combination of size, functionality, and future potential. Featuring 12 bedrooms, 9 bathrooms, and parking for up to 9 vehicles, this property is ideal for investors, multi-generational families, entrepreneurs, or buyers seeking flexible live-work possibilities. Designed to accommodate a wide range of residential and professional uses, the home features a gourmet custom kitchen, spacious principal rooms, a covered front porch, upper-level deck, and a large gazebo with outdoor entertainment area - perfect for hosting, relaxing, or enjoying extended family living. The RL zoning provides exceptional flexibility with potential uses that may include multi-generational occupancy, home office operations, tutoring or music instruction, artisan or creative studio space, and other permitted business activities. Previously operated by healthcare and wellness professionals, including an acupuncturist, physiotherapy clinic, and multiple practitioners, the property has an established history of combined residential and professional use. For investors and developers, the property also offers outstanding income and redevelopment potential, including the possibility for additional dwelling units (ADUs) or future fourplex conversion, subject to municipal approvals and buyer due diligence. Whether you are looking to live, work, invest, generate rental income, or create a dynamic multi-use space, this one-of-a-kind property offers endless possibilities in a highly convenient and sought-after location. Rarely does a property of this scale, flexibility, and potential become available.
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