Take a look inside this $14.5M Mississauga mansion that backs onto Lake Ontario
Located in Mississauga's Rattray Park Estates, this home offers a modern design with numerous amenities and views of the CN Tower.
Published:
Image 0 of 22
1540 Watersedge Road., Mississauga This nearly $14.5 million dollar home in Mississauga sits on Lake Ontario's waterfront and offers skyline views of Toronto that the listing agent for the property says are unlike any he has ever seen.(RE/MAX Escarpment Realty Inc.)
The home was built in 2009 and was renovated in 2024-2025. It has 5 bedrooms and 6 bathrooms and parking for 21 vehicles. (RE/MAX Escarpment Realty Inc.)
"When you open the front doors, you are immediately hit with a spectacular lake view," Alex Irish, the listed salesperson for the home, said in an interview with CTV News. "It's breathtaking." (RE/MAX Escarpment Realty Inc.)
Views of the 6ix "I sell a lot of high-end waterfront homes, and I've never seen a view like this one," added Irish. "When you are outside, you look immediately onto the CN Tower and the Toronto skyline." (RE/MAX Escarpment Realty Inc.)
The property spans a total 8,552 square feet and has numerous amenities including a sauna, a games lounge, and theatre. The property taxes alone could cost the next buyer up to $57,390 per year. (RE/MAX Escarpment Realty Inc.)
The ideal buyer According to Irish, the ideal buyer is someone who is looking for a "statement home" and "who wants to entertain and wants to impress." (RE/MAX Escarpment Realty Inc.)
Cooking up? Found on the main floor is a gourmet chef kitchen designed by NEFF. (RE/MAX Escarpment Realty Inc.)
Design Irish said the home offers "big wide, open spaces, with very high cathedral ceilings." (RE/MAX Escarpment Realty Inc.)
The home also features heated flooring and a elevator that services all floors of the home. (RE/MAX Escarpment Realty Inc.)
The primary bedroom is on the main floor of the home with a spa-like ensuite attached. (RE/MAX Escarpment Realty Inc.)
(RE/MAX Escarpment Realty Inc.)
Working from home? The home also features an office with unobstructed views of Lake Ontario. (RE/MAX Escarpment Realty Inc.)
Lower-level amenities A theatre room is found on the home's lower level, which features multiple other amenities including a sauna, second kitchen, games room, and guest suite. (RE/MAX Escarpment Realty Inc.)
The games room is shown. (RE/MAX Escarpment Realty Inc.)
(RE/MAX Escarpment Realty Inc.)
A second kitchen located on the lower level.(RE/MAX Escarpment Realty Inc.)
Parking options The home's underground parking has enough space for six vehicles. There is also an additional 15 parking spots on the exterior, according to the listing. (RE/MAX Escarpment Realty Inc.)
Outdoor spaces Outside of the home, Irish said the sprawling backyard is ideal for entertaining with a "resort style" yard that was designed to "maximize all the views” (RE/MAX Escarpment Realty Inc.)
The pool features a bridge over connecting the outdoor space. (RE/MAX Escarpment Realty Inc.)
"A magnificent view in the daytime, but at night it's absolutely magical because of the Toronto skyline and the CN Tower that come to light," said Irish. (RE/MAX Escarpment Realty Inc.)
(RE/MAX Escarpment Realty Inc.)
The neighbourhood The house is located in Mississauga's Rattray Park Estates neighbourhood and is an approximate 45 minute drive from downtown Toronto. “It's very central in Mississauga. it's got great access to Toronto for anyone who's commuting," said Irish. (RE/MAX Escarpment Realty Inc.)
