$4,988,000 - 89 Cumberland Drive, Mississauga
Detached for Sale in Mississauga
New — Listed 2 days agoNeighbourhood: Port Credit
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- MLS Number
- W13855886
- Property Type
- Detached
- Status
- active
- Days on Site
- 2
- Bedrooms
- 4
- Bathrooms
- 5
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Mississauga
- Taxes (2025)
- $14,226
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
Exceptional luxury bungalow in the heart of Port Credit, set on an impressive 60' x 155' pie-shaped lot widening to approximately 100' at the rear. Offering 3+1 bedrooms, 5 bathrooms and sophisticated living across two beautifully finished levels, this remarkable residence blends architectural character with elevated modern design. The open-concept main floor is defined by soaring 13' ceilings, wide-plank oak hardwood flooring, custom 9' solid wood interior doors and exceptional architectural detailing throughout, including Venetian plaster finishes, custom wood feature walls, sculptural ceiling treatments and thoughtfully curated millwork. The elegant living room features a 40" gas fireplace framed by Venetian plaster, while the dining area offers a walk-out to an expansive two-tier deck. The family room is anchored by a custom wood feature wall, adding warmth, texture and contemporary character. At the heart of the home, the designer kitchen showcases striking Taj Mahal stone countertops and backsplash, a generous centre island and a seamless layout designed for both everyday living and entertaining. The luxurious primary suite features a dramatic vaulted ceiling, walk-through closet and spa-inspired 5-piece ensuite. Two additional main-floor bedrooms each enjoy their own private ensuite. The fully finished lower level continues to impress with 10' ceilings, heated floors and exceptional lifestyle amenities, including an additional bedroom, dedicated gym, home theatre with 120" screen, expansive recreation and entertaining areas, dry sauna and Turkish bath. A beautifully curated residence offering dramatic scale, bespoke architectural detailing, premium finishes and exceptional functionality in one of Port Credit's most sought-after neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$22,063.61/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.
89 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 $1663/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 3,000 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Mississauga. Good resale value as demand remains consistent.
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.