$3,170,000 - 8 Cumberland Drive, Mississauga
Detached for Sale in Mississauga
47 days on market- MLS Number
- W13157544
- Property Type
- Detached
- Status
- active
- Days on Site
- 47
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- SUTTON GROUP OLD MILL REALTY INC.
Welcome to Port Credit Village! Nestled in the heart of this vibrant community, this stunning home offers the perfect blend of elegance and convenience. Just a short stroll from the lakefront, parks, shopping restaurants and Mentor College .Downtown is easily accessible with a 10 minute walk to the GO station and close proximity to the QEW, making this an ideal location for commuters. Boasting over 5,700 square feet of elegantly finished living space, this home exudes coastal charm with bespoke upgrades throughout. Every detail has been crafted with exceptional design consultation, ensuring no expense was spared in creating a luxurious living experience.The main floor office has been thoughtfully designed to make working from home a pleasure. With ample windows, custom built-ins, and custom doors, it enhances productivity and comfort, creating a perfect space for remote work. The custom kitchen is a chefs dream, featuring a gas range, oversized fridge, and a spacious walk-in pantry equipped with extra drinks fridges and electrical outlets to accommodate all your countertop appliances.Entertaining is effortless with the Butler's Area, providing ample space and amenities for hosting gatherings. The main level impresses with 10-foot ceilings, while the upper and lower levels feature 9-foot ceilings, creating an open and airy atmosphere that enhances the sense of space.The double garage is equipped with a sleek epoxy floor, wall racking, remotes, and an entrance to the house through the oversized mudroom. With five designer bathrooms, a second-floor laundry room, and hardwood floors throughout, this residence is a must-see, offering so much more than a builder-basic home. With its unique features and prime location, this home promises a lifestyle of comfort and luxury.
Estimate your monthly payments for this property
Estimated Payment
$14,021.98/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.
Discover Mississauga
Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Mississauga
- •Convenient location in Mississauga
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
8 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 $1057/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.
Negotiation Opportunity
At 47 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 3,000 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.