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Listed 15 days ago

102 Cumberland Drive

Port Credit, Mississauga

$6,988,000

Detached|2-Storey
5 | 5 | 8
About this home

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.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$38,408
Lot Size50.07 ft x 576.61 ft
mls© NumberW13590736
Listed BySOTHEBY'S INTERNATIONAL REALTY CANADA

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$35,768
Property tax
$3,201
Heat allowance
$150
Housing costs
$39,118 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $1,397,600
25-yr amortization

Income needed

$1,204,000

gross annual household income

Payment at 4%
$29,407 / mo
Cash down
$1,397,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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