Welcome to 1978 Shannon Dr, ideally situated on a mature, tree-lined street in the highly coveted Mississauga Golf & Country Club neighbourhood, one of the city's most prestigious and sought-after luxury enclaves. This solidly built two-storey residence of approximately 2,400 sq. ft. presents an extraordinary opportunity for end users, investors, and visionary builders alike. Set on a beautiful mature lot surrounded by established trees and distinguished custom residences, this exceptional property is offered with permits currently in process for an approximately 4,400 sq. ft. ultra-modern luxury custom home, allowing the next owner to seamlessly bring a spectacular architectural vision to life. The proposed residence has been thoughtfully designed with a stunning contemporary aesthetic, elegant proportions, expansive glazing, and refined modern finishes, creating a truly exceptional future home that embodies sophisticated family living and grand-scale entertaining. The existing home offers immediate comfort and flexibility. The main floor features a grand foyer, spacious living and dining areas, and a large kitchen with breakfast area, enhanced by oversized windows that fill the space with abundant natural light. The inviting family room, complete with fireplace, offers a warm and welcoming atmosphere with a walk-out to mature private gardens. Additional main-floor features include a powder room and laundry room with convenient side entrance. Upstairs, you will find four generously sized bedrooms, including a spacious primary retreat with ensuite bath and sizeable walk-in closet. The unspoiled basement offers endless possibilities-ideal for a home gym, additional bedroom, recreation room, games room, home theatre, or customized family living space. Whether you choose to move in and enjoy, renovate over time, or capitalize on the luxury redevelopment potential, this is a rare and compelling offering in one of Mississauga's finest neighbourhoods.