$6,988,000 - 102 Cumberland Drive, Mississauga
Detached for Sale in Mississauga
New — Listed 6 days agoNeighbourhood: Port Credit
- MLS Number
- W13590736
- Property Type
- Detached
- Status
- active
- Days on Site
- 6
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Welcome to a stunning waterfront residence nestled between two yacht clubs along Port Credit's desirable shoreline, offering 50 ft of private shoreline with riparian rights extending ~300 ft into Lake Ontario. This home is designed for luxurious, effortless living, featuring a grand entrance with soaring ceilings and floor-to-ceiling glass that floods the open-concept main floor with natural light. Key highlights include a chef's kitchen with a center island, a spacious main floor office, and a versatile bedroom with an adjacent bath. The primary suite is a private retreat with a marble spa-inspired ensuite and a ~500 sq ft waterfront balcony for breathtaking views. The outdoor oasis boasts a saltwater pool, 8-person hot tub, and a covered 500 sq ft terrace with a professional-grade outdoor kitchen, perfect for summer evenings. With five bedrooms, multiple family spaces, and a fully finished lower level ideal for guests, this property combines luxury, comfort, and exceptional outdoor amenities, all steps from waterfront trails and minutes from the village.
Estimate your monthly payments for this property
Estimated Payment
$30,910.28/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 $1997/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.