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Rathwood, Mississauga
$1,299,900
An Exceptional Opportunity in the Heart of Mississauga! Welcome to a truly special 4+2 bedroom residence situated on a premium 40' ravine lot in a peaceful crescent. For the first time in 29 years, this home is on the market! Looking for a modern home with a cottage-like feel, a walk-out basement apartment, and a peaceful creek-side backyard? This is the one! The home features a brand-new kitchen installed in April 2025, hardwood flooring throughout, including the basement, an elegant oak staircase, California shutters throughout, and a custom walk-in closet in the primary bedroom. The renovated walk-out basement apartment offers 2 bedrooms and 2 full bathrooms with large windows. It is currently rented for $1,800/month plus 40% utilities, with the seller willing to provide the property vacant. The kitchen opens onto a beautiful deck with a pergola, plus an additional deck below-perfect for entertaining and enjoying the peaceful backyard. Both yards are beautifully landscaped, with interlocking in the front and a picturesque running creek and cottage-like setting in the backyard. Ideally located within walking distance to Square One Shopping Centre, just a few blocks from Hwy 403, with easy access to transit connecting to Kipling Subway Station and Toronto. Pearson International Airport is approximately 15 minutes away. A rare opportunity to enjoy modern living with a cottage-like feel in the heart of Mississauga!
No extras listed.
Visit this home
Open houses
Sun, Sep 20
2:00 PM – 4:00 PM
Sat, Sep 26
2:00 PM – 4:00 PM
Sun, Sep 27
2:00 PM – 4:00 PM
Or pick a time that works for you.
This seller is holding back offers
Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.
| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 31-50 |
| Size | 2000-2500 sq. ft. |
| Property Tax | $8,453 |
| Lot Size | 40.08 ft x 105.16 ft |
| mls© Number | W13804832 |
| Listed By | RE/MAX ELEVATE |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,653
- Property tax
- $704
- Heat allowance
- $150
- Housing costs
- $7,508 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$231,000
gross annual household income
- Payment at 4%
- $5,470 / mo
- Cash down
- $259,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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