1301 Gatehouse Drive, Mississauga

Price: $3,950,000

5 bedrooms, 5 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: W13512168

Spectacular Lorne Park/Rattray Marsh custom home overlooking Lake Ontario with 1st floor addition and end to end renovation of the full house. Muskoka in the city setting backing onto Turtle Creek with multi million dollar panoramic views, and located at the end of a child friendly cul-de-sac. Spacious living/dining room areas with hardwood floors, gas fireplace, garden doors with walk-out to front porch, and an adjacent Butlery's servery with granite counter tops. Gourmet kitchen with lake/ravine views, granite counter tops, stainless steel appliances, centre island, ceramic backsplash, soft closing drawers, large breakfast area with walk-out to a cantilevered floating balcony with glass side panels. Open concept family room with lake/ravine views, pot lighting, and a bio fuel fireplace with granite surround. Trendy updated 2 piece powder room, interior entrance to garage and main floor laundry. Separate level fourth bedroom or potential in-law/nanny suite with double door entry, his/her closets, front balcony, gorgeous 3 piece bathroom, 2nd walk-out to balcony over looking the ravine & Lake Ontario. Upper level completely rebuilt with hand scraped hardwood floors throughout all bedrooms, main 3 piece bathroom with walk-in glass shower with rain shower head, convenient additional 2 floor laundry, & lounge area with breathtaking picturesque views. Primary bedroom retreat with lake/ravine views, walk-in closet with organizers/pull-out drawers, and spa-like 5 piece en-suite with Roman tub, his/her sinks with marble counter top, large walk-in shower with rain shower head & hand held spray. Walk-out finished basement with an abundance of natural light, hardwood floors, pot lighting, wet bar with dishwasher, cold cellar, 5th bedroom, 3 piece bathroom with vessel sink, recreation area with gas fireplace & walk-out to stone patio area.Minutes away to Jack Darling Park, beaches, walking/biking trails, tennis, shopping, QEW highway, transit, dog park,& Port Credit Go Station

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New Listing
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$3,950,000 - 1301 Gatehouse Drive, Mississauga

Detached for Sale in Mississauga

New — Listed 4 days ago

Neighbourhood: Clarkson

5Beds
5Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
W13512168
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
5
Bathrooms
5
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Mississauga
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

Spectacular Lorne Park/Rattray Marsh custom home overlooking Lake Ontario with 1st floor addition and end to end renovation of the full house. Muskoka in the city setting backing onto Turtle Creek with multi million dollar panoramic views, and located at the end of a child friendly cul-de-sac. Spacious living/dining room areas with hardwood floors, gas fireplace, garden doors with walk-out to front porch, and an adjacent Butlery's servery with granite counter tops. Gourmet kitchen with lake/ravine views, granite counter tops, stainless steel appliances, centre island, ceramic backsplash, soft closing drawers, large breakfast area with walk-out to a cantilevered floating balcony with glass side panels. Open concept family room with lake/ravine views, pot lighting, and a bio fuel fireplace with granite surround. Trendy updated 2 piece powder room, interior entrance to garage and main floor laundry. Separate level fourth bedroom or potential in-law/nanny suite with double door entry, his/her closets, front balcony, gorgeous 3 piece bathroom, 2nd walk-out to balcony over looking the ravine & Lake Ontario. Upper level completely rebuilt with hand scraped hardwood floors throughout all bedrooms, main 3 piece bathroom with walk-in glass shower with rain shower head, convenient additional 2 floor laundry, & lounge area with breathtaking picturesque views. Primary bedroom retreat with lake/ravine views, walk-in closet with organizers/pull-out drawers, and spa-like 5 piece en-suite with Roman tub, his/her sinks with marble counter top, large walk-in shower with rain shower head & hand held spray. Walk-out finished basement with an abundance of natural light, hardwood floors, pot lighting, wet bar with dishwasher, cold cellar, 5th bedroom, 3 piece bathroom with vessel sink, recreation area with gas fireplace & walk-out to stone patio area.Minutes away to Jack Darling Park, beaches, walking/biking trails, tennis, shopping, QEW highway, transit, dog park,& Port Credit Go Station

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$17,472.18/mo

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5-yr fixed avg.

Principal: $3,160,000Interest: $2,081,655
Mortgage Amount$3,160,000
Total Interest$2,081,655
Est. Property Tax$2,798/mo
Total Cost$5,241,655

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Clarkson

Family Living with Village Charm

Clarkson is a well-established family neighbourhood in south Mississauga, known for its excellent schools, community spirit, and convenient location. The area features a mix of housing styles from post-war bungalows to modern family homes, all centered around the charming Clarkson Village core with its local shops and restaurants.

Why Live in Clarkson

  • Excellent schools including Clarkson Secondary
  • Charming village core with local businesses
  • Family-friendly parks and recreation
  • Clarkson GO Station for easy commuting
  • Active community associations

Nearby Schools

Clarkson Secondary SchoolPublic High School
St. Therese of Lisieux CSSCatholic High School
Hillcrest Public SchoolPublic Elementary
St. Christopher Catholic SchoolCatholic Elementary

Transit & Commuting

  • Clarkson GO Station - direct line to Union Station
  • MiWay bus connections
  • Easy access to QEW and Highway 403
  • 20-minute drive to Toronto Pearson Airport

Parks & Amenities

  • Clarkson Community Centre
  • Rattray Marsh Conservation Area
  • Richard's Memorial Park
  • Clarkson Village shops and restaurants
  • Local library branch

Lifestyle & Community

Clarkson offers excellent value for families seeking good schools and a strong community. The neighbourhood provides suburban comfort with easy GO Train access for commuters.

58
Walk Score
$800K - $1.8M
Price Range

1301 Gatehouse Drive, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,450/mo
Range: $3,783 - $5,118
Cap Rate (ROI)
0.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,450
Maintenance Fees-$0
Property Tax (est.)-$2,798
Insurance (est.)-$823
Net Cash Flow+$829

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $1129/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Mississauga are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Mississauga.

Bathroom Count Matters

With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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    1301 Gatehouse Drive, Mississauga | $3,950,000 | Battaglia Team