Home · Buy · Mississauga · 42 Cumberland Drive, Mississauga, ON L5G 3M8
+ 19 photos
For Sale · Detached
42 Cumberland Drive, Mississauga, ON L5G 3M8
Mississauga · Port Credit
1 1/2 StoreyFinished, Walk-Up, Separate Entrance basementAttached garageEast exposure
5
Beds
4
Baths
6
Parking
3000-3500
Sq ft
31-50 yrs
Built
The honest picture
List price
$4,988,000
Renavu Estimate
—
Benchmark · 1-Storey Detached
$1,237,900
Listed 303% above the Port Credit benchmark for 1-storey detached homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.
About this home
A 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 Near Completion, Further Enhancing The Long-Term Value And Enjoyment Of The Property.
Property details
Listed on
May 28, 2026
Days on market
57 days
Property tax
$31,429.46 (2025)
Lot
58 × 241.32 Feet
Style
1 1/2 Storey
Heating
Forced Air
Cooling
Central Air
MLS®
W13208320
Full details
Parking
GarageAttached
Total parking6
Room dimensions
Room
Level
Dimensions
Features
Family Room
Main
4.18 × 8.96
—
Living Room
Main
4.24 × 6.22
—
Bedroom
Upper
4.24 × 5.35
—
Property & sold history
🔒
See this home's sale & listing history
Historical sold prices are protected under TRREB rules — sign in to unlock (rolling out with our VOW access). No spam, ever.
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
Homes over $1.5M require a minimum 20% down payment.
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$111,175
Legal · title · inspection$2,800
Closing costs$113,975
Down payment$997,600
Total cash to close$1,111,575
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.