$3,399,999 - 53 Cumberland Drive, Mississauga
Detached for Sale in Mississauga
New — Listed 4 days agoNeighbourhood: Port Credit
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- MLS Number
- W13845942
- Property Type
- Detached
- Status
- active
- Days on Site
- 4
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Mississauga
- Taxes (2026)
- $23,042
- Listing Brokerage
- RE/MAX REALTY SPECIALISTS INC.
Refined Living at its best! Join a select few on lakeside Cumberland Drive, with views of Lake Ontario and the village of Port Credit close at hand. Nestled among mature trees, this custom-built home offers approximately 6,000 square feet of finished living space, blending elegant rooms for entertaining with comfortable spaces for everyday life. Watch the sunrise from the classic front porch. Inside, a soaring centre hall and expansive skylight create a memorable welcome. A sweeping sightline draws your eye through the home, revealing its scale, detailed millwork, architectural splendor, ten-foot ceilings on the main and second floors, and transom windows throughout. AN ARCHITECTURAL SPLENDOR. The formal dining room features crown moulding and connects to the kitchen through a butler's pantry. At the heart of the home, a custom kitchen with a generous island seating four opens to the family room. Built-in bookshelves add warmth to a space made for gathering or unwinding at the end of the day. A distinctive main-floor den connects to the family room and also has its own separate entrance. Step outside to a covered terrace with an outdoor kitchen, a putting green, a saltwater hot tub, and a low-maintenance backyard. With no home directly behind, this inviting setting extends the living space outdoors. Upstairs, the primary suite features a vaulted ceiling and a six-piece ensuite with a separate shower. Two bedrooms share an ensuite, while the fourth has its own three-piece ensuite. Coffered ceilings add character to the bedrooms. The finished lower level, with nine-foot ceilings, offers an exercise area, wet bar, fifth bedroom, three-piece ensuite, a comfortable room for relaxing and watching TV, and egress windows. It completes a home designed for both memorable occasions and the simple pleasure of being at home. COME TO LIFE BY THE LAKE.
Estimate your monthly payments for this property
Estimated Payment
$15,039.34/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.
53 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
Fair Market Value
At $971/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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 5 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.