1042 Wetherby Lane, Mississauga

Price: $1,299,900

6 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W13727444

A Rare Opportunity to Own a Spacious Detached Home in the Heart of Rathwood, Mississauga.Welcome to 1042 Wetherby Lane, where space, comfort, and an established Mississauga location come together to create a home designed for everyday living, entertaining, and lasting memories.Offering approximately 2,400 sq. ft. of living space, this spacious 2-storey detached home features 4 generously sized bedrooms, comfortable principal living and dining areas, and a cozy family room withfireplace. The functional kitchen offers plenty of space for daily living, while the finished basement provides valuable additional space ideal for a recreation area, home office, or flexible family use. Additional features include main-floor laundry with convenient garage access and private outdoor space perfect for relaxing, entertaining, or enjoying time with family and friends. Set within the established Rathwood community, this home offers excellent access to schools, parks,grocery stores, shopping, restaurants, transit, and everyday essentials, giving you the convenience of city living while enjoying the comfort of a mature residential neighbourhood.If you have been waiting for a spacious detached home in a highly convenient Mississauga location, this is an opportunity you will want to see in person. Book your private showing today and discover why 1042 Wetherby Lane could be the perfect place to call home.

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active
New Listing
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$1,299,900 - 1042 Wetherby Lane, Mississauga

Detached for Sale in Mississauga

New — Listed yesterday

Neighbourhood: Rathwood

6Beds
4Baths
2,000 - 2,499Sq Ft
Detached

Want to see this home in person?

Book a private showing with Joe — pick a day and time that works for you.

Property Details
MLS Number
W13727444
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
6
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Mississauga
Lot Size
3,918 sqft
Listing Brokerage
CENTURY 21 PERCY FULTON LTD.
Description

A Rare Opportunity to Own a Spacious Detached Home in the Heart of Rathwood, Mississauga.Welcome to 1042 Wetherby Lane, where space, comfort, and an established Mississauga location come together to create a home designed for everyday living, entertaining, and lasting memories.Offering approximately 2,400 sq. ft. of living space, this spacious 2-storey detached home features 4 generously sized bedrooms, comfortable principal living and dining areas, and a cozy family room withfireplace. The functional kitchen offers plenty of space for daily living, while the finished basement provides valuable additional space ideal for a recreation area, home office, or flexible family use. Additional features include main-floor laundry with convenient garage access and private outdoor space perfect for relaxing, entertaining, or enjoying time with family and friends. Set within the established Rathwood community, this home offers excellent access to schools, parks,grocery stores, shopping, restaurants, transit, and everyday essentials, giving you the convenience of city living while enjoying the comfort of a mature residential neighbourhood.If you have been waiting for a spacious detached home in a highly convenient Mississauga location, this is an opportunity you will want to see in person. Book your private showing today and discover why 1042 Wetherby Lane could be the perfect place to call home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,749.90/mo

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5-yr fixed avg.

Principal: $1,039,920Interest: $685,049
Mortgage Amount$1,039,920
Total Interest$685,049
Est. Property Tax$921/mo
Total Cost$1,724,969

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Rathwood

Family-Focused Community Living

Rathwood is a quiet, family-oriented neighbourhood in central Mississauga, known for its safe streets, good schools, and community amenities. The area offers a mix of townhomes and detached houses, many with mature landscaping and updates. Rathwood provides excellent value for families seeking a suburban lifestyle with urban convenience.

Why Live in Rathwood

  • Family-friendly atmosphere
  • Good schools and community programs
  • Affordable entry point for families
  • Quiet, safe residential streets
  • Close to major shopping centres

Nearby Schools

Lincoln Alexander Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Rathburn Public SchoolPublic Elementary
St. Bernadette Catholic SchoolCatholic Elementary

Transit & Commuting

  • Square One transit terminal nearby
  • MiWay bus routes
  • Highway 403 access
  • 15-minute drive to Toronto Pearson Airport

Parks & Amenities

  • Rathwood Community Park
  • Square One Shopping Centre (nearby)
  • Mississauga Central Library (nearby)
  • Local community centre
  • Multiple parks and playgrounds

Lifestyle & Community

Rathwood offers comfortable family living with excellent value. The neighbourhood is ideal for those seeking a safe, community-oriented environment near urban amenities.

55
Walk Score
$650K - $1.2M
Price Range

1042 Wetherby Lane, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,100/mo
Range: $3,485 - $4,715
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,100
Maintenance Fees-$0
Property Tax (est.)-$921
Insurance (est.)-$271
Net Cash Flow+$2,908

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $650/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Mississauga are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Mississauga.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Mississauga Market Insight

Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.

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    1042 Wetherby Lane, Mississauga | $1,299,900 | Battaglia Team