94 Cumberland Dr
Port Credit, Mississauga, L5G 3M8
FOR SALE
$7,250,000
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4 + 1
BEDROOMS6
BATHROOMS1
KITCHENS10 + 4
ROOMSW9343938
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Property Description
A contemporary newer build home located on Lake Ontario with private riparian ownership of the lakefront access. This is about lifestyle! This also has a unique and rare offering of a 'water lot' extending your property another 300' into the lake. The Cumberland lakefront properties are located in an urban environment allowing walkability into Port Credit! This pocket of Port Credit offers an incredible sense of community within its small borders. There is incredible integrity in the quality, with concrete poured flooring on all 3 levels hosting in-floor radiant heating for ultimate comfort and cleaner air living. Designed to allow for multiple views of the lake from most of the rooms in the house. The house is made for entertaining with 11' ceilings in the main great room & kitchen. The kitchen is complete with high-end appliances, a butler & walk-in pantry. The arched doorways offer great character throughout the home. A main floor bright office and fantastic mudroom! The upper level primary expands the rear of the property enjoying a large hotel like suite with beverage bar, fireplace, luxurious ensuite and spacious dressing room. Enjoy the sunrise and views from the primary deck! Each of the bedrooms have their own unique character with ensuites & generous closets. The walk-out level is over 2500 sq.ft.! Close to the pool is a change room, sauna & shower. There is a game room, gym, wine cellar, guest ensuite & storage! The outdoor lifestyle has plenty to enjoy.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-06-28 | 2024-10-15 | 109 | $22,000 | - | Expired |
2024-05-10 | 2024-09-11 | 124 | $7,580,000 | - | Terminated |
2024-02-23 | 2024-05-10 | 77 | $7,999,900 | - | Terminated |
Nearby Intersections
Lakeshore & Cawthra (121)
Property Features
Lake Access, Lake/Pond, Marina, Park, Waterfront
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
50' x 247'
Acreage
.50-1.99
Lot Irregularities
+344 feet into the lake
Fronting
South
Taxes
$38,453 (2024)
Basement
Finished, Walk-Up
Exterior
Stone, Wood
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
8
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 22.47' x 27.36' | Overlook Water, Open Concept, W/O To Deck |
Kitchen | Main | 14.80' x 19.29' | Overlook Water, O/Looks Pool, Hardwood Floor |
Dining | Main | 13.81' x 17.65' | Open Concept, Hardwood Floor |
Den | Main | 11.35' x 18.04' | B/I Shelves, Window Flr to Ceil, Hardwood Floor |
Pantry | Main | 10.17' x 24.08' | Wet Bar, B/I Shelves, Hardwood Floor |
Prim Bdrm | 2nd | 18.18' x 20.64' | Overlook Water, 6 Pc Ensuite, W/I Closet |
2nd Br | 2nd | 18.14' x 20.51' | 4 Pc Ensuite, W/O To Balcony, Vaulted Ceiling |
3rd Br | 2nd | 14.14' x 17.68' | 4 Pc Ensuite, Hardwood Floor, Large Window |
4th Br | 2nd | 11.19' x 14.34' | 4 Pc Ensuite, Hardwood Floor, Large Window |
Family | Lower | 22.74' x 28.97' | Walk-Out, Fireplace, Heated Floor |
5th Br | Lower | 11.06' x 12.80' | 4 Pc Bath, Closet, Heated Floor |
Exercise | Lower | 18.14' x 28.51' | Heated Floor |
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Mississauga Market Statistics
Mississauga Price Trend
94 Cumberland Dr is a 4-bedroom 6-bathroom home listed for sale at $7,250,000, which is $5,864,755 (423.4%) higher than the average sold price of $1,385,245 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 4 bedroom home in Mississauga declined by $139,058 (9.1%) compared to the previous 30 day period (September 27 - October 26) and down $10,299 (0.7%) from the same time one year ago.Inventory Change
There were 254 4-bedroom homes listed in Mississauga over the last 30 days (October 27 - November 25), which is down 7.3% compared with the previous 30 day period (September 27 - October 26) and up 20.4% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Mississauga typically sold ($34,453) (2.5%) below asking price over the last 30 days (October 27 - November 25), which represents a $24,522 increase compared to the previous 30 day period (September 27 - October 26) and ($56,380) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Mississauga over the last 30 days (October 27 - November 25) stood at 50.0%, up from 49.6% over the previous 30 days (September 27 - October 26) and up from 43.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 6-bathroom home in Mississauga stood at 25 days when successfully sold over the last 30 days (October 27 - November 25), compared to 55 days before being removed from the market upon being suspended or terminated.Listing contracted with Cayman Marshall International Realty Inc.
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