961 Lakeshore Road W, Mississauga, ON L5H 1H8
Lorne Park, Mississauga · Near Lorne Park / Lakeshore W · View map
About this home
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
The home
- Type
- 2-storey detached home
- Style
- 2-Storey
- Square footage
- 2500-3000 sq ft
- Bedrooms
- 6
- Basement bedrooms
- 2
- Bathrooms
- 7
- Kitchens
- 3
- Rooms
- 10
- Basement
- Finished with Walk-Out, Separate Entrance
- Lot size
- 102.6 x 172.7 ft
- Faces
- North
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
Garage & parking
- Garage
- Detached
- Garage spaces
- 2
- Driveway spaces
- 10
- Total parking
- 12
- Parking features
- Private
Taxes & other
- Property taxes
- $9,553/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- Lorne Park / Lakeshore W
- Neighbourhood
- Lorne Park
More
- Price per sq ft
- ~$564 (at 2,750 sq ft)
- MLS® number
- W13721594
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
961 Lakeshore Road, Mississauga, ON L5H 1H8
Lorne Park, Mississauga · Near Lorne Park / Lakeshore W
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Listing history for 961 Lakeshore Road
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 961 Lakeshore Road W
Answers come straight from this home’s MLS® listing.
How much is 961 Lakeshore Road W listed for, and what would it cost each month?
961 Lakeshore Road W is listed for $1,549,900. With 20% down ($309,980), the mortgage payment would be roughly $6,252 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $7,048 a month, all in. That figure is an illustration, not a quote.
Is 961 Lakeshore Road W freehold or a condo, and is there a monthly fee?
961 Lakeshore Road W is a 2-storey detached home in Lorne Park, Mississauga. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 961 Lakeshore Road W have?
961 Lakeshore Road W has 6 bedrooms, plus 2 more bedrooms in the basement, and 7 bathrooms.
Does 961 Lakeshore Road W have a garage and parking?
Yes. The listing shows the garage as detached, with room for 2 cars. The driveway adds 10 spaces. In total the listing counts 12 parking spaces.
Does 961 Lakeshore Road W have a finished basement?
The listing describes the basement as finished with walk-out, separate entrance. It counts 2 bedrooms on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 961 Lakeshore Road W?
961 Lakeshore Road W is a 2-storey detached home. A 2-storey detached house has its living space on the main floor and the bedrooms upstairs, on its own lot with no shared walls.
How big is 961 Lakeshore Road W, and what is the lot size?
The listing puts the home between 2,500 and 3,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 102.6 x 172.7 ft.
How is 961 Lakeshore Road W heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 961 Lakeshore Road W?
Property taxes are $9,553 a year (2025), or about $796 a month.
Where is 961 Lakeshore Road W?
961 Lakeshore Road W is in the Lorne Park community of Mississauga. The nearest main intersection is Lorne Park / Lakeshore W. The postal code is L5H 1H8.
Is 961 Lakeshore Road W still for sale?
Yes. It is an active listing (MLS® W13721594). Listings here update from the board through the day and come down once a home sells.
What are similar detached homes near 961 Lakeshore Road W asking?
Similar detached homes for sale nearby right now include 1449 Truscott Drive at $1,799,000 (5 bed), 1138 Vanier Drive at $1,625,000 (4+1 bed) and 1682 Medallion Court at $1,699,000 (4+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 961 Lakeshore Road sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 961 Lakeshore Road W?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar detached homes nearby
More detached homes for sale near Lorne Park, picked by style, size and price.
2-storey detached home$1,799,0001449 Truscott Drive, Mississauga5 bed · 4 bath · Lorne ParkCourtesy of: SAM MCDADI REAL ESTATE INC.View home →
2-storey detached home$1,625,0001138 Vanier Drive, Mississauga4+1 bed · 4 bath · Lorne ParkCourtesy of: SAM MCDADI REAL ESTATE INC.View home →
2-storey detached home$1,699,0001682 Medallion Court, Mississauga4+1 bed · 4 bath · Lorne ParkCourtesy of: ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATEView home →Courtesy of: RE/MAX GOLD REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.