1588 Watersedge Rd
Clarkson, Mississauga, Ontario L5J 1A4
- Bedrooms
- 3
- Bathrooms
- 3
- Size
- 2,500–3,000sq ft
- Per sq ft
- $2,763at the range’s middle
- Lot
- 0.50 – 1.99 acres
- Tax a year
- $26,9632026 tax year
- Built
- 51-99
- Parking
- 82 built-in
- Days on market
- Members
The brief
About 1588 Watersedge Rd
1588 Watersedge Rd is a 3-bedroom, 3-bathroom detached house in Clarkson, Mississauga, listed for sale at an asking price of $7,599,000 (MLS® W13042692).
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!
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$33,390/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 10 homes with 3 bedrooms for lease in Clarkson right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $26,963 / 2026
- MLS® number
- W13042692
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 51-99
- Days on market
- Size
- 2500-3000 sqft
- Lot Size
- 100 x 265 ft
- Listed on
- Parking
- 2 Built-In, 8 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- Clarkson
- Municipality
- Mississauga
Building
- Size
- 2500-3000 sqft
- Building Age
- 51-99
- Construction
- Stucco/Plaster
Inside
- Bedrooms
- 3
- Bathrooms
- 3
- Bathroom Details
- 1 × 3pc Main, 1 × 4pc Main, 1 × 3pc 2nd
- Basement Type
- Unfinished
- Kitchens
- 1
Parking
- Driveway
- Pvt Double
- Garage Type
- Built-In
- Garage
- 2
- Additional Parking
- 6
- Total Parking
- 8
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 100 ft
- Depth
- 265 ft
- Lot Size
- 100 x 265 ft
Additional
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- Inground
- Den
- Yes
- Family room
- Yes
- Extras
- Property is being sold in 'as is, where is' condition.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 5.32 × 3.67 m | Granite Counter, B/I Appliances, Stone Floor | Main |
| Dining | 3.8 × 3.77 m | Bay Window, Pot Lights, Stone Floor | Main |
| Living | 5.32 × 6.31 m | W/O To Pool, Pot Lights, Stone Floor | Main |
| Family | 9.78 × 5.66 m | Brick Fireplace, Large Window, Stone Floor | Main |
| Sunroom | 5.66 × 9.14 m | W/O To Patio, Vaulted Ceiling, Stone Floor | Main |
| Br | 4.08 × 4.86 m | Window, Pot Lights, Stone Floor | Main |
| 2nd Br | 4.51 × 3.05 m | Window, Pot Lights, Stone Floor | Main |
| Primary | 6.45 × 7.52 m | Gas Fireplace, Vaulted Ceiling, 3 Pc Ensuite | 2nd |
Listing history
Buy/sell history for 1588 Watersedge Rd, Mississauga, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $7,599,000 | N/A | Ext | W13042692 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $1,519,800
- Total mortgage amount
- $6,079,200
- Total interest payment
- $4,321,200
- Total purchase cost
- $11,920,200
- Mortgage payment
- $34,668/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
97%Monthly carrying cost
$36,915- Rent $3,525
- Shortfall $33,390
Rental income opens at $3,525, the median asking rent of 10 comparable homes for lease in Clarkson. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $176,450
- Total land transfer tax
- $176,450
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $172,450
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $2,000,000
- $32,000
- 2.5% from $2,000,000 to $7,599,000
- $139,975
- Ontario total
- $176,450
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 26,500 sq ft2,462 m²
- Street frontage
- 100 ft30.5 m
- Depth
- 265 ft80.8 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by GeoWarehouse.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Not in Credit Valley Conservation’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- 1 water-supply well recorded within 250 mIt was drilled for domestic use; 3 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 7.3 m.250 m
Credit Valley Conservation · Province of Ontario open data
Planning and building activity1
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
Province of Ontario open data
Around the home2
- Nearest rail line: 930 m930 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Petro-Canada Lubricants Inc. — Mississauga Lubricants Centre, 1.0 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Alectra Utilities CorporationAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 80 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (80 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.80 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Credit Valley Conservationor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under Credit Valley Conservation Open Data Licence v1.0.
The market
Detached homes for sale in Clarkson right now
- For sale now
- 49
- Median asking price
- $2.4M
- New in 7 days
- 2
- Price cuts
- 14%
Middle half: $1.52M to $3.09M
18 in 28 days
7 listings
This home is asking 217% above the median, higher than three quarters of them.
See all homes in ClarksonAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Clarkson GO | GO Transit train: Lakeshore West | 2.5 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Clarkson Public SchoolPeel DSB | Public · grades JK–6 | 1.6 km | 60%Grade 3 average |
| Owenwood Public SchoolPeel DSB | Public · grades JK–6 | 2 km | 86%Grade 3 average |
| St Christopher SchoolDufferin-Peel CDSB | Catholic · grades JK–8 | 2.4 km | 82%Grade 6 average |
| École élémentaire Horizon JeunesseConseil scolaire Viamonde | French-language public · grades JK–6 | 3.5 km | 99%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Lorne Park Secondary SchoolPeel DSB | Public · grades 9–12 | 3.1 km | 74%Grade 9 math |
| Clarkson Secondary SchoolPeel DSB | Public · grades 9–12 · French Immersion | 3.5 km | 49%Grade 9 math |
| Iona Secondary SchoolDufferin-Peel CDSB | Catholic · grades 9–12 | 3.8 km | 57%Grade 9 math |
| École secondaire Gaétan GervaisConseil scolaire Viamonde | French-language public · grades 9–12 | 9.5 km | 85%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Clarkson are shown to signed-in members.