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Rathwood, Mississauga
$1,629,000
Welcome to 1579 Lovelady Crescent, an exceptionally maintained executive home in the coveted, hamlet-like enclave of Rockwood Village. Cherished by the same family for decades, this residence sits on a premium 50 x 125 ft well-treed lot backing exclusively onto detached homes, offering unparalleled privacy on a whisper-quiet, tree-canopied street safely removed from direct flight paths. Classic & Elegant: A traditional centre-hall layout featuring formal living and dining rooms, plus a welcoming family room anchored by a brick fireplace. Rich 3/4-inch engineered hardwood floors and premium colonial baseboards flow across freshly painted main levels. Sunlit Kitchen: Anchored by a panelled refrigerator and brand-new luxury vinyl plank flooring, the breakfast area walks out directly to a private deck. Spacious Retreats: Four generous bedrooms include a primary suite with a walk-in closet and an updated ensuite featuring a sleek glass walk-in shower. Architectural Daylight Basement: The fully finished lower level boasts custom port-type windows with drywall painstakingly bevelled at 45 degrees, cascading abundant natural light into the space. It features a nostalgic sports lounge, sitting room, exercise room, and a 2-piece washroom. Turn-Key Mechanicals: Move in with peace of mind. Thermal windows, roof (approx. 6 yrs), and high-efficiency furnace (approx. 5 yrs) are already updated. Unbeatable Location: Stroll to top-ranked Catholic schools, lush parks, Etobicoke Creek trails, and shopping, with quick access to Dixie GO, MiWay, and major highways.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $8,984 |
| Lot Size | 50 ft x 125.48 ft |
| mls© Number | W13804852 |
| Listed By | LPT REALTY |
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%
- $8,338
- Property tax
- $749
- Heat allowance
- $150
- Housing costs
- $9,237 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$284,000
gross annual household income
- Payment at 4%
- $6,855 / mo
- Cash down
- $325,800
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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