A rare offering of an exceptional development opportunity in the heart of Mississauga. Situated on a premium 66 x298ft lot with dual frontage potential on Cawthra Road and Duchess Drive, this property presents a prime opportunity for developers to build two detached homes-one fronting each street. A 30X60 ft Detached Garage that has multy use. Ideal for builders seeking scale, investors planning future redevelopment, or end users looking to live now and build later, this property offers outstanding flexibility and long-term value. Conveniently located just minutes from the QEW and surrounded by top-ranked schools, parks, shopping, and restaurants, the location is both strategic and highly desirable. The existing two-storey home, built in 1998, features a functional layout with great potential. The main floor offers an L-shaped living and dining area with soaring cathedral ceilings open to above, a bright square kitchen with breakfast bar overlooking the expansive backyard, as well as a main floor bedroom and a 3-piece washroom. The second floor includes a spacious loft overlooking the living/dining area and backyard-ideal as a family room or potential fourth bedroom along with two generously sized bedrooms and a 4-piece washroom. Zoned LR (Large Residential Lot), the property holds the potential for severance and redevelopment into two separate residential dwellings. Future address allocation may allow the second home to front onto Duchess Drive. A truly unique opportunity to secure a high-potential parcel in one of Mississauga's most sought-after neighbourhoods.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
2-Storey
Approx. Age:
16-30
Total Approx Floor Area:
1500-2000
Lot Depth:
298'8"91 m
Lot Frontage:
66'7"20.3 m
Lot Shape:
Rectangular
Direction Faces:
East
Bedrooms:
3
Bathrooms:
2.0
Water supply:
Municipal
Kitchens:
1
Bedrooms Above Grade:
3
Kitchens Above Grade:
1
Rooms Above Grade:
6
Rooms Below Grade:
1
Zoning:
LR
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete
Roof:
Shingles
Basement:
Unfinished
Fireplace/Stove:
No
Garage:
Detached
Garage Spaces:
4.0
Other Structures:
Fence - Full
Parking Features:
Available, Tandem
Parking Spaces:
4
Total Parking Spaces:
8.0
Family Room:
Yes
Possession Details:
Vacant
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Taxes:
$8,167.52 /
2025
Assessment:
$- /
-
Peel
Mississauga
Lakeview
Fenced Yard
Carpet Free, Primary Bedroom - Main Floor
Deck, Porch Enclosed
HWT
AC & FURNACE WITH ALL RELATED EQUIPMENT, WASHER & DRYER
Data was last updated June 30, 2026 at 06:15 PM (UTC)
Area Statistics
Listings on market:
113
Avg list price:
$1,195,000
Min list price:
$440,000
Max list price:
$3,900,000
Avg days on market:
31
Min days on market:
1
Max days on market:
650
These statistics are generated based on the current listing's property type
and located in
Lakeview. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.