1491 Watersedge Road
Mississauga, ON
- 5 bed
- 8 bath
- approx. 3500-5000 sqft
- Detached
- 281 days on market
Utterly magnificent home and property on one of the most sought-after waterfront streets in Mississauga! Overlooks Lake Ontario! Steps to Rattray Marsh paradise! This home boasts 7,124 square feet of exquisite finishes! Strong 4-inch block build with beautiful natural stone finish & triple-paned glass! Over $800,000 spent on meticulously designed outdoor resort featuring pool, hot tub, landscape plan by Juergen Partridge, cabana, and covered porch with outdoor kitchen and 2-way fireplace! Over $350,000 spent on kitchen & butler's pantry! Includes virtually all existing furnishings valued over $300,000! More than $120,000 spent on hardwood flooring! And $86,000 on railings! And $115,000 on designer closets! It goes on and on! Even comes with $50,000 Steinway grand piano! Primary bedroom has 398 square foot private balcony overlooking magnificently treed gardens! All 5 bedrooms equipped with ensuite bathrooms with heated floors! 8 bathrooms including a full bathroom in the magnificent outdoor cabana! In-floor radiant heating in basement and backyard! Lower-level nanny suite with separate entry. Infrared sauna built for over $20,000. Cabana with kitchen and washroom cost $126,000. Terrific exercise room. Showcase basement with walk-up to resort yard! Quality build from top to bottom no expense spared. View the virtual tour, fall in love, and book your private viewing today.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $35,934
- Listed
- December 5, 2025
Price History
Listing history
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Property
- Style
- 2-Storey
- Age
- 0-5
- Construction
- Stone, Stucco (Plaster)
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Interior
- Auto Garage Door Remote, Bar Fridge, Central Vacuum, Carpet Free, ERV/HRV, Generator - Full, In-Law Capability, Sauna, Sump Pump, Storage
- Lot Size
- 118.95 x 209.22 Feet
Parking
- Garage
- Built-In
- Covered Spaces
- 2
- Total Parking
- 8
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Meadow Wood Road & Lakeshore Road W.
- Parcel Number
- 134880206
- Possession
- Flexible
- Occupancy
- Owner
Included
- Inclusions
- See Schedule C for extensive list of inclusions - the home comes with virtually all existing designer furniture and accessories! View virtual tour video and extensive photo library! Floor plans, survey, Schedule B & Schedule C inclusions/exclusions list available.
- Exclusions
- See Schedule C
Schools
Elementary
- Green Glade Senior Public School0.7 km
Public · Peel DSB · 170 students
Grade 6 math: 50% met the provincial standard
- Clarkson Public School1.5 km
Public · Peel DSB · 130 students
Grade 3 reading: 64% met the provincial standard
- Owenwood Public School1.6 km
Public · Peel DSB · 125 students
Grade 3 reading: 81% met the provincial standard
Secondary
- Lorne Park Secondary School2.8 km
Public · Peel DSB · 795 students
Grade 10 literacy: 96% met the provincial standard
- Clarkson Secondary School3.6 km
Public · Peel DSB · 740 students
Grade 10 literacy: 84% met the provincial standard
- Iona Secondary School3.7 km
Catholic · Dufferin-Peel CDSB · 655 students
Grade 10 literacy: 83% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L5J
- Population
- 28,208
- Private dwellings
- 10,960
- Median age
- 43.2
- Average household size
- 2.6
- Median household income
- $107,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Mississauga · last 12 months
- Median sold price
- $871,000
- Homes sold
- 5,429
- Median days on market
- 24
- Sale-to-list price
- 97.5%
Based on 5,429 recorded sales of residential freehold properties in Mississauga over the last 12 months.
Rooms
2 × 2-piece on Main, 2 × 3-piece on Second, 4-piece on Second, 6-piece on Second, 2 × 3-piece on Basement
Second
- Bedroom 213'5" x 13'2"
- Bedroom 311'10" x 14'9"
- Bedroom 411'7" x 11'7"
- Primary Bedroom14'7" x 16'4"
Main
- Breakfast14'4" x 20'3"
- Dining Room17'2" x 13'1"
- Family Room18'8" x 20'7"
- Kitchen10'2" x 20'3"
- Living Room14'7" x 15'1"
- Office12'3" x 11'11"
Basement
- Bedroom 512'10" x 14'6"
- Exercise Room10'9" x 16'1"
- Recreation44'5" x 18'8"
Listed by
RENTON REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$1,380,000
Estimated Monthly Payment
$33,898
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $33,898/mo (20% down, 5.5%)
Taxes: $2,995/mo · Insurance: $1,725/mo
Estimates only. Consult a financial advisor.
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