961 LAKESHORE ROAD W, Mississauga (Lorne Park)
$1,549,900
For sale: Detached
- Property type
- Detached
- Bedrooms / bathrooms
- 8 bedrooms, 7 bathrooms
- Living area
- 3,000 sqft
- MLS®
- MLS® W13721594
- Neighbourhood
- Lorne Park
The Land Speaks for Itself. A property of this scale rarely surfaces in Lorne Park. At 103 feet of prime frontage on Lakeshore Rd W, this oversized lot offers a genuine choice: build the landmark luxury estate this address deserves or pursue a boutique development play. In the meantime, the property works hard. Two detached homes - each on independent water, gas, and hydro meters - generate approximately $8,500/m in rental income, giving you a productive hold while you plan and permit. The infrastructure is already in place: an oversized two-car detached garage and an expansive driveway accommodating 10+ vehicles - rare utility for a lot of this calibre. The location needs little elaboration. Steps to the Lake Ontario waterfront and its trails. Walking distance to top-ranked schools. Minutes to Port Credit Village, the QEW, and GO Transit. Surrounded by custom residences in the multi-million-dollar range - the neighbourhood sets the ceiling high. Whether your vision is a private estate or a curated development, the fundamentals here are hard to replicate
Sold data
Homes in Lorne Park — recent sold market
Homes in Lorne Park took a median of 28 days to sell over the last 365 days, with the quickest quarter selling within 10 days and the slowest quarter taking more than 53, across 118 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 73 days.
The median sale price was $1,970,000.
Homes sold for about 4.5% below asking on average, so there was room to negotiate.
About 10% of sales closed above the list price.
Around 10% of sellers reduced their price before finding a buyer.
- Median days to sell
- 28
- Median sale price
- $1,970,000
- Sale-to-list ratio
- 95.5%
- Sold above asking
- 10%
Based on 118 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Mississauga (Lorne Park)
Mississauga (Lorne Park) has 131 Fraser Institute–rated schools (96 elementary and 35 secondary), averaging 6.8/10.
- Rated schools
- 131
- Elementary
- 96
- Secondary
- 35
- Average rating
- 6.8 / 10
Top-rated schools in Mississauga (Lorne Park)
- AI-Manarat Heights — elementary, MississaugaFraser rating 10.0/10
- Kenollie — elementary, MississaugaFraser rating 10.0/10
- Khalsa Malton — elementary, MississaugaFraser rating 10.0/10
- Safa & Marwa Islamic — elementary, MississaugaFraser rating 10.0/10
- St Rose of Lima — elementary, MississaugaFraser rating 9.7/10
- Olive Grove — elementary, MississaugaFraser rating 9.5/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
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