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For Sale
$1,649,900
Estimated monthly cost
$8,357/mo
20% down • 5.00% rate • 25 yr • incl. tax

2131 Cawthra Road, Mississauga, ON L5A 2W6

Lakeview
3
Beds
2
Baths
8
Parking
1,500–2,000 ft²
Size
Property type
Detached
Listed
88 Days
Annual taxes
$8,168 /yr (2025)
MLS® number
W12920114
Listing brokerage
RE/MAX REALTY SPECIALISTS INC.

Description

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 Detache 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 Details

Property
Style
2-Storey
Basement
Unfinished Basement
Exterior Finish
Wood
Heating
Forced Air · Gas
Cooling
Central Air
Pool
None
Building Age
16–30 years
Parking
Garage Type
Detached
Total Parking
8
Land
Lot Size
66.57 × 298.68 ft
Lot Features
Fenced Yard
Sewer
Sewer
Listing
MLS® Number
W12920114
Listed Date
Mar 25, 2026
Last Updated
Jun 18, 2026

About Lakeview

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Location

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$1,649,900
2131 Cawthra Road, Mississauga, ON L5A 2W6

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx under the Internet Data Exchange (IDX) program. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, may not reflect the most current status, and is subject to errors, omissions, prior sale, change, or withdrawal without notice. Listings should be independently verified.

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