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Listed 3 months ago

1588 Watersedge Road

Clarkson, Mississauga

$7,599,000

Detached|2-Storey
3 | 3 | 8
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 in a lifetime opportunity with riparian rights!

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Got questions?

Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age51-99
Size2500-3000 sq. ft.
Property Tax$26,963
Lot Size100 ft x 265 ft
mls© NumberW13042692
Listed BySAM MCDADI REAL ESTATE INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$38,895
Property tax
$2,247
Heat allowance
$150
Housing costs
$41,292 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $1,519,800
25-yr amortization

Income needed

$1,271,000

gross annual household income

Payment at 4%
$31,978 / mo
Cash down
$1,519,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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