1633 Warren Drive, Mississauga

Price: $1,049,999

4 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Semi-Detached

MLS#: W13791768

A unique opportunity for investors, renovators and those looking to make a home their own! Rarely offered in the highly desired Rathwood community, this spacious semi-detached backsplit has been lovingly maintained by its original owners and offers exceptional flexibility for families, multi-generational living or investors seeking income potential. Ideally located on a quiet, established street close to schools, public transit and the Etobicoke border, this 4-bedroom, 2-bath home provides an excellent opportunity to live in, renovate and customize, or create a property with income-generating potential. The main level features a spacious eat-in kitchen and a generous living/dining room combination with walkout to a balcony-perfect for morning coffee or evening drinks. The upper level offers three spacious bedrooms and a large family bathroom. The ground level adds a large family room with walkout to the expansive backyard, a fourth bedroom (or office) and a renovated second bathroom, providing an ideal configuration for a private lower living area. The lower level offers an exceptionally versatile space with the potential to create a second kitchen, along with convenient access to the front driveway-an attractive opportunity for those looking to establish a separate living area or potential rental suite. An additional basement level provides abundant storage and further development possibilities. A rare opportunity to unlock the full potential of a well-maintained home in one of Mississauga's most sought-after neighbourhoods. Ideal for families looking for additional living space, multi-generational households or investors seeking the opportunity to create a potential income-producing property.

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active

$1,049,999 - 1633 Warren Drive, Mississauga

Semi-Detached for Sale in Mississauga

Neighbourhood: Rathwood

4Beds
2Baths
1,500 - 1,999Sq Ft
Semi-Detached

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Property Details
MLS Number
W13791768
Property Type
Semi-Detached
Status
active
Days on Site
21
Bedrooms
4
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Mississauga
Taxes (2026)
$6,886
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL EST
Description

A unique opportunity for investors, renovators and those looking to make a home their own! Rarely offered in the highly desired Rathwood community, this spacious semi-detached backsplit has been lovingly maintained by its original owners and offers exceptional flexibility for families, multi-generational living or investors seeking income potential. Ideally located on a quiet, established street close to schools, public transit and the Etobicoke border, this 4-bedroom, 2-bath home provides an excellent opportunity to live in, renovate and customize, or create a property with income-generating potential. The main level features a spacious eat-in kitchen and a generous living/dining room combination with walkout to a balcony-perfect for morning coffee or evening drinks. The upper level offers three spacious bedrooms and a large family bathroom. The ground level adds a large family room with walkout to the expansive backyard, a fourth bedroom (or office) and a renovated second bathroom, providing an ideal configuration for a private lower living area. The lower level offers an exceptionally versatile space with the potential to create a second kitchen, along with convenient access to the front driveway-an attractive opportunity for those looking to establish a separate living area or potential rental suite. An additional basement level provides abundant storage and further development possibilities. A rare opportunity to unlock the full potential of a well-maintained home in one of Mississauga's most sought-after neighbourhoods. Ideal for families looking for additional living space, multi-generational households or investors seeking the opportunity to create a potential income-producing property.

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Estimated Payment

$4,644.50/mo

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5-yr fixed avg.

Principal: $839,999Interest: $553,351
Mortgage Amount$839,999
Total Interest$553,351
Est. Property Tax$744/mo
Total Cost$1,393,350

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

1633 Warren Drive, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$744
Insurance (est.)-$219
Net Cash Flow+$2,237

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 $700/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.

Market Position

At 21 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Mississauga. Good resale value as demand remains consistent.

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.

About Rathwood

I know Rathwood well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    1633 Warren Drive, Mississauga | $1,049,999 | Battaglia Team