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1301 Gatehouse Drive, Mississauga, ON L5H 1A6

4+1 beds · 5 baths · 1 kitchen · 9+4 rooms · 7 parking spaces · 3500-5000 sq ft · Laundry on the main level level · Detached
$3,750,000
Property tax
$20,098 / year

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

MLS number
W13527862
Type
Detached
Status
Active
Bedrooms
5
Bathrooms
5
Postal code
L5H 1A6
Photos
47
Laundry
Main Level level
70days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 3 times.

Sale history is for registered usersSee what this address sold for and when, across all 3 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Owenwood Public School
Peel DSB
Elementary756 m8.6 / 10
86% met the standard · 3 of 6 measures
Green Glade Senior Public School
Peel DSB
Elementary792 m8.0 / 10
80% met the standard · 3 of 6 measures
Queen Elizabeth AcademySecondary1.2 kmNot reported
Peel Montessori SchoolElementary1.4 kmNot reported
Clarkson Public School
Peel DSB
Elementary1.6 km6.0 / 10
60% met the standard · 3 of 6 measures
Ontario Online SchoolsSecondary2.3 kmNot reported
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Detached houses in Clarkson184 sales over the last five years.

Median sold priceWhat comparable homes actually sold for
$1.10M$2.45M$3.80M20252026this home’s asking price
$1.20Mlatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
95%98%100%20252026the asking price
96%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d14d29d20252026
17dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in clarkson. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 964 people.

$220,000Median household income
93.7%Own their home
98.4%Detached houses
48Median age
29.5%Born outside Canada
52.8%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35212107 — the few blocks around this address, home to 964 people. It describes the area, not this property.

964Population
43.6Average age
3Household size
$312,000Average household income
$220,000Median household income
94%Own their home
6%Rent
0%Condominiums
30%Born outside Canada
53%University degree
$2,220,000Average home value
6%Low income
59%Not in the labour force
25%Never married
Under $5,0001%
$40,000 to $44,9991%
$50,000 to $59,9991%
$60,000 to $69,9991%
$70,000 to $79,9992%
$80,000 to $89,9991%
$90,000 to $99,9993%
$100,000 and over46%
$100,000 to $124,9994%
$125,000 to $149,9993%
$150,000 to $199,9998%
$200,000 and over30%

Percentages are of the 545 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$750,000 · minimum here is $750,000
$16,604.19per month
Borrowed before insurance$3,000,000
Total borrowed$3,000,000
Interest over 25 years at 4.5%$1,981,257

If you rented it out

-$18,279.02per month out of pocket
Rent$0.00
Everything it costs to hold$18,279.02
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX REALTY SPECIALISTS INC.. Listing data provided by the Toronto Regional Real Estate Board.