$849,900 - 1951 Rathburn Road Unit 138, Mississauga
Condo for Sale in Mississauga
New — Listed 7 days agoNeighbourhood: Rathwood
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- MLS Number
- W13813934
- Property Type
- Condo
- Status
- active
- Days on Site
- 7
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,400 sqft
- Neighbourhood
- Mississauga
- Locker
- Ensuite
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE TERRA REALTY
Welcome to 1951 Rathburn Road East, Unit 138, a beautifully updated 3-bedroom townhome offering the space, comfort and privacy of a family home in a highly convenient Mississauga location. This move-in-ready home features a private driveway, attached garage, finished basement and hardwood flooring throughout all three levels. Thoughtful upgrades include California shutters, updated interior doors and hardware, custom closet organizers, an updated kitchen with modern cabinetry and appliances, and a remodelled 3-piece primary ensuite. The kitchen opens to the dining area and leads to a private fenced backyard and patio, perfect for summer BBQs, outdoor dining and entertaining. A rare highlight is direct backyard access to community tennis courts and a children's park. Upstairs, three spacious bedrooms include a generous primary bedroom with a renovated 3-piece ensuite and a 4-piece family bathroom. The finished lower level adds valuable living space with a spacious recreation and entertainment area and an additional powder room, ideal for movie nights, a playroom, home office or guest space. The family-friendly community is home to many young families and offers a welcoming atmosphere with fun neighbourhood traditions, including Halloween celebrations. Enjoy Garnetwood Park directly across the road, featuring a splash pad, basketball court, soccer and baseball fields, children's playground, tennis and pickleball courts, dog park and scenic trails along Etobicoke Creek. Longo's, Shoppers Drug Mart, banking, dining and everyday conveniences are just a 2-minute walk away. Burnhamthorpe Community Centre and Centennial Park are less than 5 minutes away. Easy access to Highways 427, 401, 403 and 410, Dixie Transit way, Dixie GO and Kipling TTC/GO makes commuting throughout Mississauga, Etobicoke and Toronto exceptionally convenient. A fantastic opportunity to own a spacious, updated townhome in a vibrant, connected and family-oriented community.
Estimate your monthly payments for this property
Estimated Payment
$4,360.43/mo
Includes CMHC insurance ($23,712)
5-yr fixed avg.
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.
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
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.
1951 Rathburn Road Unit 138, Mississauga
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $607/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.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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.