$1,700,000Asking Price
2131 Cawthra Road, Mississauga, ON L5A 2W6
Lakeview, Mississauga
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 Cowra Road and Duchess Drive, this property presents a prime opportunity for developers to build two detached homes-one fronting each street. 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.
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 Cowra Road and Duchess Drive, this property presents a prime opportunity for developers to build two detached homes-one fronting each street. 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.
See MoreKey Info
- 2-Storey Detached
- 4-Car Driveway
- 4-Car Detached Garage
- CAWTHRA & QUEENSWAY E
- 1500-2000 Approximate Sq Feet
- 16-30 Years Approximate Age
- Unfinished Basement
- 1 Kitchen
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 66.57 x 298.68 Feet
- Wood Exterior
- Taxes were $8,167 in 2025
- Possession: April 1st
Details
- No Fireplace
- Family Room
- Sewers
- Municipal Water
- MLS #W12920114
- RE/MAX REALTY SPECIALISTS INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 13.52' x 13.48' | Breakfast Bar, Overlooks Backyard, Vinyl Floor |
 | 1 3-Piece Bathroom on Main Floor | |||
| 1 4-Piece Bathroom | |||
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Who lives here?
Lakeview, Mississauga is a west GTA neighbourhood notable for its singles, executives, education, law & public sector professionals and tradespeople. It has a higher than average population of Polish speakers. Residents tend to be older with a significant number of adults aged 35 to 44, 35 to 44, 35 to 44 and 35 to 44 and seniors aged 65 to 69.
Families
Kids Per Family
1.1
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
45%
of residents are
single and loving it.
45% singles
Mississauga (44%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
26%
of residents
are renters.
26% renters
Mississauga (29%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
33%
of residents are
university grads.
33% university grads
Mississauga (45%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$119K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 15% |
| Business | 11% |
| Trades | 10% |
| Management | 8% |
| Government | 7% |
Immigrants
36%
of residents were
born outside of Canada.
36% immigrants
Mississauga (56%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
4.5% from Poland
All-time
Birthplace - Recent
0.7% from China
Recent
Foreign Languages
Foreign Languages
| Polish | 5% |
| Portuguese | 5% |
| Italian | 3% |
| Ukrainian | 2% |
| Spanish | 2% |
Religions
Religions
| Christian | 74% |
| Hindu | 2% |
| Muslim | 2% |
| Buddhist | 1% |
| Jewish | 1% |
