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For saleMLS® W13802868

42 Cumberland Drive, Mississauga, ON L5G 3M8

Port Credit · L5G 3M8

$4,500,000

$1,500 / sq ft

1 months on market

Bedrooms
5
Bathrooms
4
Interior
3,000 sf
Parking
6
Lot
58 × 241.32 ft
Age
31-50 years

What's special

  • Attached garage
  • Central air
  • Separate entrance
  • 3 fireplaces
  • Carpet free

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About this property

Client RemarksA Rare Waterfront Opportunity In Prestigious Port Credit. Situated On An Exceptional Approx. 0.50 Acre Lakefront Property With Additional Riparian Water Lot Rights Of Approx. 0.90 Acres, Bringing The Total Property Area To Approx. 1.4 Acres, This Truly Unique Offering Features Breathtaking Panoramic Lake Ontario Views, Expansive Backyard Space, Private Shoreline Access, And Incredible Privacy. Surrounded By Multi-Million Dollar Waterfront Estates In One Of Mississauga's Most Coveted Lakefront Communities, This Property Presents Endless Potential For End-Users, Investors, Builders, Or Those Seeking A Luxury Waterfront Estate Setting. The Existing Residence Is Currently Habitable And Offers Immediate Use, Rental, Or Holding Potential While Future Plans Are Explored. Whether You Choose To Live In, Renovate, Or Build A Custom Dream Home, The Possibilities Here Are Exceptional. The New Embankment And Shoreline Improvements Have Completed, Further Enhancing The Long-Term Value And Enjoyment Of The Property.

Rooms

3 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
Family RoomMain4.18 × 8.96 m13.7 × 29.4 ft—
Living RoomMain4.24 × 6.22 m13.9 × 20.4 ft—
BedroomUpper4.24 × 5.35 m13.9 × 17.6 ft—

Features

  • Carpet Free

Property details

Property

Property type
detached
Bedrooms
5
Bathrooms
4
Interior size
3,000 sq ft
Year built
31-50
Lot size
58 × 241.32 ft
Possession
Flexible

Interior

Basement
Finished, Walk-Up, Separate Entrance
Heating
Forced Air · Gas
Cooling
Central Air
Fireplaces
3
Exposure
East

Exterior & services

Construction
Brick
Garage
Attached
Parking spaces
6
Sewer
Sewer

Costs

List price
$4,500,000
Property taxes
$31,429 / year (2025)
Price per sq ft
$1,500

Listing

MLS® number
W13802868
Status
For sale
Listed
September 18, 2026
Days on market
48
Last updated
October 3, 2026
Listing brokerage
RE/MAX ATRIUM HOME REALTY

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 87% of comparable detached listings in Port Credit are asking less.

$1.20MMedian $1.95M$4.47M
This home
$1,500 / sq ft
Comparable median
$1,050 / sq ft

Based on 23 comparable active detached listings in Port Credit. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $900,000
$900,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$19,905.02
Property tax (est.)
$2,619.12
Estimated monthly
$22,524

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$98,975
Total due on closing
$98,975

An estimate on the asking price of $4,500,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX ATRIUM HOME REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$4,500,000

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