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Rathwood, Mississauga
$1,299,000
Rarely Offered 5-Level Backsplit on a Premium 6,764 Sq. Ft. Landscaped Lot! Spacious and well-maintained home in a sought-after neighbourhood. Major updates include Roof (2022), Furnace (2023), and Heat Pump (2024). Carpet-free throughout, with skylights in the kitchen and upper level providing abundant natural light. Glenforest Secondary School nearby and offering specialized programs, including IB, subject to application and eligibility. The home features a double garage, finished basement, and separate entrance. The versatile lower level offers a spacious great room, second kitchen, and wood-burning fireplace, ideal for extended family, entertaining, or additional living space. Conveniently located close to parks, top-rated schools, shopping, public transit, and major transportation routes. A rare combination of generous lot size, functional living space, and a convenient location.
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| Type | Detached |
| Style | Backsplit 5 |
| Approx. Age | 31-50 |
| Size | 2000-2500 sq. ft. |
| Property Tax | $8,594 |
| Lot Size | 54 ft x 125 ft |
| mls© Number | W13833316 |
| Listed By | MASTER`S TRUST REALTY 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%
- $6,649
- Property tax
- $716
- Heat allowance
- $150
- Housing costs
- $7,515 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$231,000
gross annual household income
- Payment at 4%
- $5,466 / mo
- Cash down
- $259,800
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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