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Rathwood, Mississauga
$1,688,888
*** Additional Listing Details - Click Brochure Link *** Available for the first time since 1976, this original-owner home in highly sought-after Rockwood Village offers a rare combination of modern interior updates and incredible future potential. Situated on a quiet, west-facing 55' x 115' lot with a spacious two-car garage, the residence features over 2,000 sq. ft. of living space recently refreshed with a new oak staircase, vinyl flooring, updated bathroom fixtures, and a rejuvenated kitchen. The functional layout includes four large bedrooms and a cozy den with a classic fieldstone fireplace. For those looking to add value, the high unfinished basement and large backyard are ideal for two Additional Residential Units (ARUs), benefiting from Ontario Bill 23's elimination of development charges. Commuters will love being under 20 mins on foot to the TTC or a quick walk to MiWay buses for a fast connection to Kipling station. This prime location is a 15-min drive to Pearson Airport, with Kingsbury Centre and Garnetwood Park a short stroll.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $8,312 |
| Lot Size | 55 ft x 115 ft |
| mls© Number | W13102232 |
| Listed By | ROBIN HOOD REALTY LIMITED |
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%
- $8,644
- Property tax
- $693
- Heat allowance
- $150
- Housing costs
- $9,487 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$292,000
gross annual household income
- Payment at 4%
- $7,107 / mo
- Cash down
- $337,778
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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