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New3 hours ago

1259 Underwood Drive

Rathwood, Mississauga

$1,388,000

Detached|2-Storey
3 | 4 | 4
About this home

Stunning 2 Storey Detached Home on a Large Pie Shaped Lot with Backyard Oasis. Situated in a quiet, family friendly and just steps away from the beautiful Applewood Hills Greenbelt Trail. Set on a large pie shaped lot, this home features an incredible backyard oasis with a spacious gazebo, tranquil zen inspired gardens, and two beautiful ponds. A truly special outdoor space for entertaining, relaxing, and enjoying the warmer months. The main floor has been thoughtfully extended with the proper building permit, creating an exceptionally spacious layout with more living space than typically found in the neighbourhood. The extension allowed for a stunning open concept kitchen and dining area with soaring cathedral ceilings, creating a bright and open gathering space. The main floor also features a generous family room with a cozy fireplace, recessed lighting, pot lights, and built in bar, as well as a separate living room with a sleek electric fireplace. Laundry room provides direct access to the garage. Upstairs, the spacious primary bedroom features a walk in closet and 3 piece ensuite. Two additional bedrooms offer generous space and peaceful views of the beautifully landscaped backyard. California shutters throughout add style, privacy, and convenience.The fully finished basement offers a separate 2 bedroom suite with its own entrance, kitchen, laundry, and 1 bathroom, providing excellent flexibility for extended family, guests, or potential rental income.Recent upgrades include a brand new water heater in 2024 and durable metal roof. Conveniently located close to parks, shopping, schools, and major highways. A wonderful opportunity to own a spacious detached home with beautiful extension in the back, large pie shaped lot, and one of the area's most unique backyard settings.

Extras

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  • Sat, Sep 19

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$8,997
Lot Size24.83 ft x 138.6 ft
mls© NumberW13789050
Listed ByRE/MAX PROFESSIONALS INC.

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%
$7,104
Property tax
$750
Heat allowance
$150
Housing costs
$8,004 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $277,600
25-yr amortization

Income needed

$246,000

gross annual household income

Payment at 4%
$5,841 / mo
Cash down
$277,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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