$11,985,850 - 1500 Watersedge Road, Mississauga
Detached for Sale in Mississauga
128 days on market- MLS Number
- W12743894
- Property Type
- Detached
- Status
- active
- Days on Site
- 128
- Bedrooms
- 6
- Bathrooms
- 9
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- RE/MAX REALTY ENTERPRISES INC.
An Extraordinary Expression Of Waterfront Luxury, This Riparian-Right Lake Ontario Estate Is A Rare Architectural Masterpiece Nestled Within The Prestigious Enclave Of Rattray Park Estates. Set On Over Half An Acre Of Impeccably Curated Grounds, The Residence Offers More Than 10,000 Sqft Of Living Space, Where Water, Light & Design Converge To Create A Truly Immersive Lakeside Lifestyle. 5+1 Bdrms & 9 Baths Are Thoughtfully Positioned To Capture Breathtaking, Unobstructed Views Of Lake Ontario, The CN Tower & Toronto's Iconic Skyline. A Pvt Elevator Connects All Lvls, While A Car Lift Delivers Your Prized Car To An Automotive Gallery Below. Comfort & Convenience Are Elevated W/ Heated Driveway, Patios & Interior Flooring, Complemented By A 15,000-Lb Marine Railway For Access To The Water. A Dramatic 2-Storey Foyer Crowned By A Barrel Skylight & A Cascading 3-Lvl Indoor Water Feature Sets The Tone For The Home's Tranquil, Water-Inspired Design. The Main Lvl Unfolds W/ Rich Black Walnut Detailing & A Striking Dbl-Sided Freshwater Aquarium Separating The Living & Family Rooms. Designed For Refined Entertaining & Relaxed Family Living, The Space Flows Into A Chef's Kitchen Appointed W/ Granite Countertops, Sub-Zero, Wolf, & Miele Appls & W/O To Multiple Lake-View Terraces. A Formal Dining Room W/ Gas-Lit Chandelier F/P & B/I Speakers, Along W/ A Sophisticated Home Office Featuring Custom Maple Built-Ins & A Coffered Ceiling, Complete The Lvl. The Primary Suite Is A Pvt Retreat, Offering A Lakeside Terrace, Dual W/I Closets & A Spa-Inspired 5-Pc Ensuite W/ Steam Shower & Gas F/P. Each Addn'l Bdrm Enjoys Its Own Ensuite & W/I Closet. The Lower Lvl Rivals A Pvt Club, Featuring A James Bond-Inspired Lounge, Theatre, Fitness Studio, Temperature-Controlled Wine Cellar & A Full Spa W/ Steam Room & Sauna. Outdoors, A Resort-Calibre Setting Unfolds W/ An Infinity-Edge Saltwater Pool, Hot Tub, Outdoor Kitchen, Fire Pit & Multiple Seating Areas.
Estimate your monthly payments for this property
Estimated Payment
$53,017.46/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Mississauga
Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Mississauga
- •Convenient location in Mississauga
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1500 Watersedge Road, Mississauga
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $2397/sqft, this property is priced above the Mississauga average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 128 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Mississauga are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 5,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Mississauga.
Bathroom Count Matters
With 9 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.