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Rathwood, Mississauga
$999,999
One Property. Two Living Spaces. Endless Possibilities. Calling all first-time buyers looking to offset their mortgage, investors searching for serious cash-flow potential, and families needing a comfortable space for extended family - this is the opportunity you have been waiting for! This updated semi-detached home features a separate legal apartment, offering exceptional versatility in one of Mississauga's most convenient locations. The bright and spacious upper unit includes three bedrooms, while the beautifully renovated lower apartment offers one bedroom, one bathroom, separate laundry and a private walk-in entrance directly from the driveway. The lower level can be easily reconfigured into a two-bedroom unit. Major improvements include an updated roof, windows and exterior doors, providing added comfort, efficiency and peace of mind. Enjoy your morning coffee on the inviting front veranda, then unwind or entertain in the spacious backyard.Live upstairs while rental income helps cover your mortgage, create a private in-law suite for extended family, or add a versatile income-producing property to your investment portfolio. Perfectly tucked away on a quiet crescent, yet only minutes from Square One, GO Transit, Sheridan College, major shopping, and quick access to Highways 403, 401 and the QEW. A rare combination of location, flexibility and income potential-opportunities like this do not come around often!
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| Type | Semi-Detached |
| Style | Bungalow-Raised |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $6,886 |
| Lot Size | 27.18 ft x 125.23 ft |
| mls© Number | W13652942 |
| Listed By | RE/MAX PREMIER INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,118
- Property tax
- $574
- Heat allowance
- $150
- Housing costs
- $5,842 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$180,000
gross annual household income
- Payment at 4%
- $4,208 / mo
- Cash down
- $200,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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