1588 Watersedge Road

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$7,599,000

1588 Watersedge Road

Clarkson, Mississauga · MLS® W13042692

338

House · Single Family · 183 days on market

listed by SAM ALLAN MCDADI, SAM MCDADI REAL ESTATE INC.

realtor's description

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 in a lifetime opportunity with riparian rights!

property details

type: House, Single Family
bedrooms: 3
bathrooms: 3
parking: 8
property tax: $26,963 / yr
days on market: 183
MLS®: W13042692

features

Conservation/green belt

monthly cost

$35,355/mo

Mortgage $33,108 · Tax $2,247

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$33,108/ monthly

loan $6,079,200

25-year amortization

down payment20% · $1,519,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $3,853,234
cash to close: $1,519,800; down payment; transfer tax and fees not included
total paid: $9,932,434

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.