$689,000 - 1951 Rathburn Road Unit 86, Mississauga
Condo for Sale in Mississauga
New — Listed 7 days agoNeighbourhood: Rathwood
Want to see this home in person?
Book a private showing with Joe — pick a day and time that works for you.
- MLS Number
- W13876716
- Property Type
- Condo
- Status
- active
- Days on Site
- 7
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,400 sqft
- Neighbourhood
- Mississauga
- Taxes (2026)
- $4,906
- Maintenance Fees
- $708/mo
- Locker
- None
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Looking for a home near schools, parks, shopping & transit? Then you need to see this townhouse. Rathwood is a well-established East Mississauga community, close to the Etobicoke border. Longo's, Shoppers Drug Mart, a coffee shop, Italian bakery, bank & medical centre are within walking distance. Garnetwood Park is just across the street, with a playground, splash pad, sports courts, a leash-free area & access to the Etobicoke Creek trail system. Schools, green spaces, golf clubs & major commuter routes are nearby. TH 86 backs toward detached homes, giving the rear setting a more open residential feel. At approximately 1,496 sq. ft. above grade, this townhouse offers three spacious bedrooms, four baths, a built-in garage and an additional parking space. On the main level, you'll find a large living & dining area with a walkout to the rear patio, plus a convenient powder room. The spacious eat-in kitchen is bright, exceptionally well kept & easy to enjoy as it is, with white cabinetry, a mirrored backsplash, ample storage & generous counter space. Upstairs are three well-proportioned bedrooms, including an extra-large primary bedroom with a large closet & 2-pc ensuite, a second bedroom with its own private balcony, a third bedroom with a walk-in closet & a full bath. You'll find plenty of storage & closets throughout the home. The finished lower level gives you even more living space, with a recreation room, wood-burning fireplace, laundry room & another 2-pc bath. *Monthly maintenance fees include water, Bell TV & unlimited high-speed internet, and also help cover landscaping, snow removal, grounds maintenance & major work handled by the condo corporation, including roofing, windows, exterior doors, foundations, roads & driveways. Location, layout, square footage, and two parking spots are already here. Instead of inheriting someone else's renovation choices, you have the opportunity to choose finishes, colours & materials that suit you - all at once or over time.
Estimate your monthly payments for this property
Estimated Payment
$3,534.93/mo
Includes CMHC insurance ($19,223)
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 86, Mississauga
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $492/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. The $708/month fees should cover building insurance, common elements, and reserve contributions.
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.