961 Lakeshore Road
Lorne Park, Mississauga, L5H 1H8
FOR SALE
$1,749,900
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6 + 2
BEDROOMS7
BATHROOMS2 + 1
KITCHENS10 + 3
ROOMSW12451387
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.
Newly Extended/build and top to bottom renovated detached home in a high demand neighborhood double car garage, **BEST INVESTMENT PROPERTY WITH POSITIVE CASH FLOW** this property offers **4 - Legal unit**, Rental potential over $10,000/monthly, 4 Separate entrances, 7+3 bedrooms, 6 FULL washrooms, 2 Powder rooms, 4 Full Family size kitchens. 9 feet ceiling on Main floor, engineered hardwood floors, latest percaline tile, Quartz countertops. Upgraded Washrooms, Latest kitchen set up, New asphalt driveway, Each unit has Separate water meter & electrical panel. Two (2) newer furnaces, two (2) A/C's and two (2) hot water heater units. Each unit is equipped with it's own washer, dryer, fridge and stove, Spent $$$ on upgrades, child safe street, minutes to heartland shopping area, Costco, Walmart, Best Buy, Home Depot, Banks, restaurants, Highway 401, 403, and 407, Bus Stand, Grocery, square one shopping mall and much more !!
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