$7,399,999 - 102 Cumberland Drive, Mississauga
Detached for Sale in Mississauga
Popular ListingNeighbourhood: Port Credit
- MLS Number
- W13486670
- Property Type
- Detached
- Status
- active
- Days on Site
- 12
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- SAM MCDADI REAL ESTATE INC.
Positioned between two yacht clubs along one of Port Credit's most desirable waterfront stretches, this private lakefront residence offers 50 ft of shoreline with riparian rights extending approximately 300 ft into Lake Ontario (total depth including the water lot is 576.53 ft), delivering true, unobstructed access to life on the water. Designed for effortless indoor-outdoor living, the grounds feature a saltwater pool, 8-person hot tub, and mature, irrigated landscaping leading to a covered ~500 sq ft waterside terrace. Complete with professional-grade Napoleon gas BBQs and rotisserie, it is a setting made for long summer evenings overlooking the lake. Inside, floor-to-ceiling glass and Schüco doors frame uninterrupted water views, filling the open-concept main floor with natural light. The chef's kitchen with centre island and pantry anchors generous living and dining spaces, while a Rose Hill custom walk-in wine cellar with temperature-controlled cooler adds a refined, collector-level touch. A main floor bedroom with adjacent 3-piece bath offers flexibility and accessibility. Across five bedrooms, including three with direct water views, and multiple family spaces, the home balances everyday comfort with elevated entertaining. The primary suite is a private retreat, complete with a spa-inspired ensuite, double-sided fireplace, and an expansive ~500 sq ft waterfront balcony, for incredible sunrise views. A fully finished lower level with kitchen, full bath, separate entrance, and two recreation areas provide ideal in-law or guest accommodation. With dual furnaces and AC for zoned comfort, Lutron lighting, Sonos multi-zone audio, and full security, the home is designed for seamless modern living. Parking for eight completes the offering. Steps to waterfront trails and minutes to the village, with easy access to downtown Toronto, this is a rare opportunity to own a refined home, defined by its resort-style outdoor amenities and exceptional position on the lake.
Estimate your monthly payments for this property
Estimated Payment
$32,732.69/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Waterfront Living at Its Finest
Port Credit is Mississauga's premier waterfront community, offering stunning Lake Ontario views and a vibrant village atmosphere. This sought-after neighbourhood combines urban amenities with natural beauty, featuring a bustling marina, eclectic restaurants, and beautiful waterfront parks. The area has undergone significant revitalization, making it one of the most desirable addresses in the GTA.
Why Live in Port Credit
- •Direct access to Lake Ontario waterfront and marina
- •Award-winning restaurants and local boutiques
- •Port Credit GO Station for easy Toronto commuting
- •Active arts and culture scene
- •Year-round festivals and community events
Nearby Schools
Transit & Commuting
- •Port Credit GO Station - 25 minutes to Union Station
- •MiWay bus connections throughout Mississauga
- •Waterfront Trail for cycling
- •15-minute drive to Toronto Pearson Airport
Parks & Amenities
- •Port Credit Marina
- •J.C. Saddington Park
- •Port Credit Memorial Park
- •Waterfront Trail
- •Local cinema and performance venues
Lifestyle & Community
Port Credit offers an enviable waterfront lifestyle with the convenience of urban living. Residents enjoy morning walks along the lake, dining at acclaimed restaurants, and weekend sailing. The area attracts young professionals, families, and retirees who appreciate the active, social atmosphere.
102 Cumberland Drive, Mississauga
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $2114/sqft, this property is priced above the Mississauga average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Detached Home Advantages
Detached homes in Mississauga are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Mississauga.
Bathroom Count Matters
With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Mississauga Market Insight
Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.