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$7.60M · 3 bed Detached · Clarkson, Mississauga | MyPropertyScout

$7,599,000

1588 Watersedge Road

88 DOM

3388d

Map

DOM 88

WaterfrontPool

$7,599,000

DOM88days

1588 Watersedge Road

Mississauga · Ontario L5J 1A4

MLS® W13042692 · Clarkson · L5J 1A4

33Vacant2500-3000 ft²Detached2-car Built-InUnfinished, Partial BasementPool88d$2,763/ft²Lot 100 x 265 ft.50-1.99 ac$26,963 tax/yrBuilt 195175 yrs oldUnfinished, Partial Basement

88 days on market

About this home

Immerse yourself into one of South Mississauga's most coveted streets with only a few select waterfront properties offering unobstructed tranquil views of Lake Ontario and Toronto's mesmerizing city skyline. This rare offering sits on a private, over half an acre lot, with plans to construct an architectural masterpiece boasting over 7,700 square feet above grade. An absolute must see with private steps leading to a secluded beach for some rest and relaxation. Don't delay on this amazing, once i…

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Property details

MLS#: W13042692
Status: Buy Now
Property class: Residential Freehold
Beds: 3
Baths: 3 full, 0 half
Rooms: 9
Kitchens: 1
Size: 2500-3000Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: Unfinished, Partial Basement
Style: 2-Storey
Type: Detached
Year built: 1951

PIN: 134880132
Roll / ARN: 210502002212500

Occupancy: Vacant
Washrooms: 3 pc · Main; 4 pc · Main; 3 pc · Second
Family room: Family room
Central vacuum: No
Ensuite laundry: No

Roof: Asphalt Shingle
Foundation: Poured Concrete
Property features: Lake Access, Park, Waterfront, Greenbelt/Conservation, School

View: Lake, Skyline

Waterfront: Yes
Water view: Direct
Water body: Lake Ontario
Water frontage: 20.14 ft
Shoreline: Rocky, Shallow
Waterfront features: Stairs to Waterfront

Garage: 2-car Built-In
Garage spaces: 2
Parking: 8 total
Lot: 100 × 265
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Pool: Yes
Exterior: Stucco (Plaster), Wood
Fronting on: South
Cross street: Meadow Wood Rd & Country Club Cres
Stories: —
Utilities: —
Laundry: —
Laundry level: Upper Level
Interior: Other
Parking features: Private Double

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

No price-drop or motivated-seller signals detected from MLS data we track on this listing.

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: SAM MCDADI REAL ESTATE INC.

Source: TRREB/PROPTX · MLS® W13042692

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$7.60M

1588 Watersedge Road · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $7,599,000✓ $26,963 tax✓ Gas✓ 2500-3000 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$53,118/mo

incl. closing costs (yr 1)

Annual total

$637,412

year 1

Mortgage only

$28,828/mo

principal + interest

Beyond mortgage

$9,127/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$1,519,800

20%+ required — no CMHC insurance on $1.5M+ homes

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$2,247/mo

Utilities

Hydro / electricity$193/mo

≈ $0.07/ft² × ~2,750 ft² · ON avg ~$193/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$75,990/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$176,450

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)54% $345,939/yr

Property taxes32% $203,413/yr

Utilities1% $5,370/yr

Insurance & security0% $1,600/yr

Maintenance12% $75,990/yr

Closing costs1% $5,100/yr

Mortgage is 54% of your true cost of ownership. The other 46% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$345,939	$28,828/mo
Government & taxes
Property tax	$26,963	$2,247/mo
Land transfer tax(closing)	$176,450	$14,704/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$2,310	$193/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$75,990	$6,333/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$637,412	$53,118/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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1588 Watersedge Road

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

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Annual costs