961 Lakeshore Road
Lorne Park, Mississauga, L5H 1H8
FOR SALE
$1,549,900
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6 + 2
BEDROOMS 7
BATHROOMS 2 + 1
KITCHENS 10 + 3
ROOMS W13721594
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Property Description
The Land Speaks for Itself. A property of this scale rarely surfaces in Lorne Park. At 103 feet of prime frontage on Lakeshore Rd W, this oversized lot offers a genuine choice: build the landmark luxury estate this address deserves or pursue a boutique development play. In the meantime, the property works hard. Two detached homes - each on independent water, gas, and hydro meters - generate approximately $8,500/m in rental income, giving you a productive hold while you plan and permit. The infrastructure is already in place: an oversized two-car detached garage and an expansive driveway accommodating 10+ vehicles - rare utility for a lot of this calibre. The location needs little elaboration. Steps to the Lake Ontario waterfront and its trails. Walking distance to top-ranked schools. Minutes to Port Credit Village, the QEW, and GO Transit. Surrounded by custom residences in the multi-million-dollar range - the neighbourhood sets the ceiling high. Whether your vision is a private estate or a curated development, the fundamentals here are hard to replicate
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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.
Welcome to this stunning all brick, two storey home situated on the largest corner lot on the street in one of Central Mississauga's most sought-after neighbourhoods. Set on a premium pool-sized lot with additional land, this move in ready residence offers approximately 3,300 sq. ft. of thoughtfully designed living space. Featuring 8 spacious bedrooms (5 upstairs, 3 in the finished lower level) and 6 bathrooms, this home is ideal for large or multi-generational families. Two oversized primary suites each include private ensuites, providing exceptional comfort and flexibility. The bright main floor boasts beautiful hardwood flooring, a formal sitting room, a cozy family room with a fireplace, and a spacious dining area that walks out to the deck overlooking the fully fenced backyard. Numerous pot lights throughout add warmth and a modern touch, while the expansive backyard offers endless possibilities for entertaining or a future pool. Located in the highly desirable Heritage Hills community, you'll enjoy unbeatable convenience just minutes from Square One, Heartland Town Centre, Cooksville GO Station, MiWay Transit, Highways 401, 403 & QEW, Celebration Square, Living Arts Centre, parks, restaurants, and everyday amenities. Everyone can appreciate the close proximity to excellent schools, including Rick Hansen Secondary School, Sheridan College, the University of Toronto Mississauga, and Mohawk College. Offering an exceptional combination of space, location, and an oversized premium lot, this is a rare opportunity to own an outstanding home in the heart of Mississauga.
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** Please Read The Brokers Remarks** Welcome to this exceptional and spacious home in one of Mississauga's most sought-after neighbourhoods. Offering 5+4 bedrooms and 6 bathrooms and a separate entrance basement, this impressive residence is ideal for large or multi-generational families.The bright, open-concept layout features soaring ceilings, elegant porcelain flooring throughout the main level, and stylish finishes throughout. The kitchen is equipped with quartz countertops, stainless steel appliances, and Italian tile flooring extending through the main hallway. A main-floor office provides the perfect work-from-home space, while convenient main-level laundry adds everyday functionality.Designed for comfort and versatility, the home features a premium clay roof with a lifetime expectancy, two spacious primary suites with private ensuites, and two additional bedrooms connected by a Jack-and-Jill bathroom with granite countertops. Freshly painted throughout, the property has also seen major window upgrades, with additional replacements scheduled. All new windows are backed by a 25-year warranty for added peace of mind. The extended driveway accommodates up to four vehicles.The fully finished basement has been upgraded with new flooring and pot lights and includes 4 bedrooms, 2 full bathrooms, a full kitchen with granite countertops, spacious living and dining areas, 3 storage rooms, and additional under-stair storage-ideal for extended family living or income potential.Enjoy the fully fenced backyard, perfect for family gatherings, and added privacy. An EV charger adds modern convenience.Ideally located close to shopping, schools, parks, Clarkson GO Station, and major highways including the QEW and 403, this home offers exceptional convenience and connectivity. A rare opportunity to own a spacious, updated home in a prime Mississauga location.
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Stunningly Renovated Home with Income-Generating Basement Suites. Discover this beautifully renovated residence that perfectly combines modern luxury with smart income potential.The main house has been thoughtfully and extensively renovated with high-quality finishes, contemporary design, and exceptional craftsmanship throughout. Every detail has been carefully updated, creating a bright, stylish, and move-in ready home you'll be proud to call your own.Income Opportunity:Two separate basement units are already in place and generating over $3,000 per month in combined rental income. These self-contained suites provide immediate cash flow to help offset your mortgage and expenses.Additional Features:Laundry facilities conveniently located on both the basement and upper levels. Spacious, modern living spaces throughout the renovated main home. Excellent layout ideal for families or owner-occupiers. Live in a fully renovated, move-in ready home while your tenants help pay the mortgage. This is a rare opportunity to own a turnkey property in Mississauga that offers both lifestyle and investment value.
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