1588 Watersedge Rd
Clarkson, Mississauga, L5J 1A4
FOR SALE
$8,000,000
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BEDROOMS3
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KITCHENS9
ROOMSW9416496
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Property 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!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-21 | 2024-10-06 | 138 | $8,000,000 | - | Expired |
| 2024-03-01 | 2024-04-21 | 51 | $8,500,000 | - | Terminated |
| 2023-05-20 | 2023-10-23 | 156 | $10,000,000 | - | Expired |
| 2021-09-07 | 2021-12-07 | 91 | $6,500 | - | Expired |
| 2020-10-26 | 2020-12-04 | 39 | $6,500 | $6,500 | Leased |
| 2020-08-05 | 2020-08-07 | 2 | $4,300,000 | $4,475,000 | Sold |
Extras
*Drawings available upon request*
Property Features
Grnbelt/Conserv, Lake Access, Park, School, Waterfront
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
100' x 265'
Acreage
.50-1.99
Fronting
South
Taxes
$22,991 (2024)
Basement
Part Bsmt, Unfinished
Exterior
Stucco/Plaster, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
6
Driveway
Pvt Double
Garage Type
Built-In
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 17.45' x 12.04' | Granite Counter, B/I Appliances, Stone Floor |
| Dining | Main | 12.47' x 12.37' | Bay Window, Pot Lights, Stone Floor |
| Living | Main | 17.45' x 20.70' | W/O To Pool, Pot Lights, Stone Floor |
| Family | Main | 32.09' x 18.57' | Brick Fireplace, Large Window, Stone Floor |
| Sunroom | Main | 18.57' x 29.99' | W/O To Patio, Vaulted Ceiling, Stone Floor |
| Br | Main | 13.39' x 15.94' | Window, Pot Lights, Stone Floor |
| 2nd Br | Main | 14.80' x 10.01' | Window, Pot Lights, Stone Floor |
| Prim Bdrm | 2nd | 21.16' x 24.67' | Gas Fireplace, Vaulted Ceiling, 3 Pc Ensuite |
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Mississauga Market Statistics
Mississauga Price Trend
1588 Watersedge Rd is a 3-bedroom 3-bathroom home listed for sale at $8,000,000, which is $6,868,101 (606.8%) higher than the average sold price of $1,131,899 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 3 bedroom home in Mississauga declined by $27,949 (2.4%) compared to the previous 30 day period (September 24 - October 23) and up $57,647 (5.4%) from the same time one year ago.Inventory Change
There were 216 3-bedroom homes listed in Mississauga over the last 30 days (October 24 - November 22), which is down 9.6% compared with the previous 30 day period (September 24 - October 23) and up 13.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Mississauga typically sold ($14,836) (1.3%) below asking price over the last 30 days (October 24 - November 22), which represents a $11,338 increase compared to the previous 30 day period (September 24 - October 23) and ($34,347) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Mississauga over the last 30 days (October 24 - November 22) stood at 57.4%, down from 75.7% over the previous 30 days (September 24 - October 23) and up from 50.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Mississauga stood at 21 days when successfully sold over the last 30 days (October 24 - November 22), compared to 47 days before being removed from the market upon being suspended or terminated.Listing contracted with Sam Mcdadi Real Estate Inc.
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