- Bedrooms
- 5
- Bathrooms
- 4
- Size
- 3,000–3,500sq ft
- Per sq ft
- $1,385at the range’s middle
- Lot
- 0.50 – 1.99 acres
- Tax a year
- $31,4292025 tax year
- Built
- 31-50
- Parking
- 62 attached
- Days on market
- Members
The brief
About 42 Cumberland Dr
42 Cumberland Dr is a 5-bedroom, 4-bathroom detached house in Port Credit, Mississauga, listed for sale at an asking price of $4,500,000 (MLS® W13802868).
Client RemarksA Rare Waterfront Opportunity In Prestigious Port Credit. Situated On An Exceptional Approx. 0.50 Acre Lakefront Property With Additional Riparian Water Lot Rights Of Approx. 0.90 Acres, Bringing The Total Property Area To Approx. 1.4 Acres, This Truly Unique Offering Features Breathtaking Panoramic Lake Ontario Views, Expansive Backyard Space, Private Shoreline Access, And Incredible Privacy. Surrounded By Multi-Million Dollar Waterfront Estates In One Of Mississauga's Most Coveted Lakefront Communities, This Property Presents Endless Potential For End-Users, Investors, Builders, Or Those Seeking A Luxury Waterfront Estate Setting. The Existing Residence Is Currently Habitable And Offers Immediate Use, Rental, Or Holding Potential While Future Plans Are Explored. Whether You Choose To Live In, Renovate, Or Build A Custom Dream Home, The Possibilities Here Are Exceptional. The New Embankment And Shoreline Improvements Have Completed, Further Enhancing The Long-Term Value And Enjoyment Of The Property.
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$17,649/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 38 detached homes with 5 bedrooms for lease in Mississauga right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $31,429 / 2025
- MLS® number
- W13802868
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 31-50
- Days on market
- Size
- 3000-3500 sqft
- Lot Size
- 58 x 241.32 ft
- Listed on
- Parking
- 2 Attached, 6 Parking
Property details
Property
- Property Type
- Detached
- Style
- 1 1/2 Storey
- Community
- Port Credit
- Municipality
- Mississauga
Building
- Size
- 3000-3500 sqft
- Building Age
- 31-50
- Construction
- Brick
Inside
- Bedrooms
- 5
- Bathrooms
- 4
- Bathroom Details
- 1 × 4pc Upper, 1 × 3pc Upper, 1 × 3pc Ground, 1 × 3pc Bsmt
- Basement Type
- Finished
- Kitchens
- 2
Parking
- Garage Type
- Attached
- Garage
- 2
- Additional Parking
- 4
- Total Parking
- 6
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 58 ft
- Depth
- 241.32 ft
- Lot Size
- 58 x 241.32 ft
Additional
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- All existing appliances. All existing window coverings, all electrical fixtures in AS IS WHERE IS CONDITION, no warranties or representation.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Family | 8.96 × 4.18 m | — | Main |
| Living | 6.22 × 4.24 m | — | Main |
| Br | 5.35 × 4.24 m | — | Upper |
Listing history
Buy/sell history for 42 Cumberland Dr, Mississauga, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $4,500,000 | N/A | Pc | W13802868 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $900,000
- Total mortgage amount
- $3,600,000
- Total interest payment
- $2,559,000
- Total purchase cost
- $7,059,000
- Mortgage payment
- $20,530/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
89%Monthly carrying cost
$23,149- Rent $5,500
- Shortfall $17,649
Rental income opens at $5,500, the median asking rent of 38 comparable homes for lease in Mississauga. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $98,975
- Total land transfer tax
- $98,975
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $94,975
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $2,000,000
- $32,000
- 2.5% from $2,000,000 to $4,500,000
- $62,500
- Ontario total
- $98,975
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Street frontage
- 58 ft17.7 m
- Depth
- 241.32 ft73.6 m
- Lot size
- 0.50 – 1.99 acresAs the board bands it
The record marks this lot irregular, so its area is not the frontage multiplied by the depth. It is not given here. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by GeoWarehouse.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Not in Credit Valley Conservation’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m2 test or monitoring holes also recorded.250 m
Credit Valley Conservation · Province of Ontario open data
Planning and building activity1
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
Province of Ontario open data
Around the home2
- Nearest rail line: 740 m740 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Ontario Clean Water Agency — Arthur P. Kennedy Water Treatment Plant, 1.9 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- 5 federal contaminated sites within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Alectra Utilities CorporationAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 70 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (70 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.70 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, CIK Telecom. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Credit Valley Conservationor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under Credit Valley Conservation Open Data Licence v1.0.
The market
Detached homes for sale in Port Credit right now
- For sale now
- 26
- Median asking price
- $1.87M
- New in 7 days
- 2
- Price cuts
- 23%
Middle half: $1.46M to $2.95M
7 in 28 days
6 listings
This home is asking 140% above the median, higher than three quarters of them.
See all homes in Port CreditAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Port Credit GO | GO Transit train: Lakeshore West | 1 km |
| Long Branch GO | GO Transit train: Lakeshore West | 4.5 km |
| Cooksville GO | GO Transit train: Milton | 4.9 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Forest Avenue Public SchoolPeel DSB | Public · grades JK–6 | 650 m | 64%Grade 6 average |
| St. James Catholic Global Learning CentrDufferin-Peel CDSB | Catholic · grades JK–8 | 700 m | 89%Grade 6 average |
| Mineola Public SchoolPeel DSB | Public · grades JK–6 · French Immersion | 1.1 km | 84%Grade 6 average |
| École élémentaire Micheline-Saint-CyrConseil scolaire Viamonde | French-language public · grades JK–6 | 4.5 km | 76%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Port Credit Secondary SchoolPeel DSB | Public · grades 9–12 | 1.3 km | 70%Grade 9 math |
| Cawthra Park Secondary SchoolPeel DSB | Public · grades 9–12 | 2.2 km | 65%Grade 9 math |
| St Paul Secondary SchoolDufferin-Peel CDSB | Catholic · grades 9–12 | 2.3 km | 72%Grade 9 math |
| T. L. Kennedy Secondary SchoolPeel DSB | Public · grades 9–12 | 4.6 km | 10%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Port Credit are shown to signed-in members.