1983 Rackus Crescent, Mississauga

Price: $999,900

3 bedrooms, 5 bathrooms

2,000 - 2,499 sqft

Property Type: Townhouse

MLS#: W13785374

Executive 3 storey freehold semi-detached home in the heart of Clarkson Village! This beautifully maintained 3 bedroom, 5 (3+2) bathroom home features 9 foot ceilings on both the main and second floors, offering spacious, light-filled living throughout. The bright front foyer welcomes you into a versatile main-floor office, along with a convenient laundry room, 2 piece bathroom, and inside access to the garage. The second floor is perfect for entertaining, featuring a cozy family room with a gas fireplace, a convenient 2 piece powder room, and a walkout to a large balcony overlooking the fully fenced, private backyard with mature trees. The spacious kitchen boasts upgraded cabinetry, granite countertops, a stone backsplash, and updated appliances, including a stove, dishwasher, and microwave. The third floor offers three generous bedrooms and two full bathrooms, including a spacious primary retreat. The partially finished basement provides exceptional additional living space, complete with a 3 piece bathroom, abundant storage, and a cold room; ideal for entertaining, a recreation room, or a home gym. Additional features include California shutters throughout, a new air conditioner and furnace. Ideally located just steps to Clarkson GO Station, Sheridan Creek Trail, Lake Ontario, Lakeshore Road shops and restaurants, with easy access to major highways. Don't miss this rare opportunity to own in one of Mississauga's most sought-after neighbourhoods!

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active

$999,900 - 1983 Rackus Crescent, Mississauga

Townhouse for Sale in Mississauga

Neighbourhood: Clarkson

3Beds
5Baths
2,000 - 2,499Sq Ft
Townhouse

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Property Details
MLS Number
W13785374
Property Type
Townhouse
Status
active
Days on Site
22
Bedrooms
3
Bathrooms
5
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Mississauga
Taxes (2026)
$7,115
Listing Brokerage
ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Description

Executive 3 storey freehold semi-detached home in the heart of Clarkson Village! This beautifully maintained 3 bedroom, 5 (3+2) bathroom home features 9 foot ceilings on both the main and second floors, offering spacious, light-filled living throughout. The bright front foyer welcomes you into a versatile main-floor office, along with a convenient laundry room, 2 piece bathroom, and inside access to the garage. The second floor is perfect for entertaining, featuring a cozy family room with a gas fireplace, a convenient 2 piece powder room, and a walkout to a large balcony overlooking the fully fenced, private backyard with mature trees. The spacious kitchen boasts upgraded cabinetry, granite countertops, a stone backsplash, and updated appliances, including a stove, dishwasher, and microwave. The third floor offers three generous bedrooms and two full bathrooms, including a spacious primary retreat. The partially finished basement provides exceptional additional living space, complete with a 3 piece bathroom, abundant storage, and a cold room; ideal for entertaining, a recreation room, or a home gym. Additional features include California shutters throughout, a new air conditioner and furnace. Ideally located just steps to Clarkson GO Station, Sheridan Creek Trail, Lake Ontario, Lakeshore Road shops and restaurants, with easy access to major highways. Don't miss this rare opportunity to own in one of Mississauga's most sought-after neighbourhoods!

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Estimated Payment

$5,130.01/mo

Includes CMHC insurance ($27,897)

$
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5%10%50%

5-yr fixed avg.

Principal: $899,910Interest: $611,194
Mortgage Amount$927,807
Total Interest$611,194
Est. Property Tax$708/mo
Total Cost$1,539,002

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: Clarkson

Family Living with Village Charm

Clarkson is a well-established family neighbourhood in south Mississauga, known for its excellent schools, community spirit, and convenient location. The area features a mix of housing styles from post-war bungalows to modern family homes, all centered around the charming Clarkson Village core with its local shops and restaurants.

Why Live in Clarkson

  • •Excellent schools including Clarkson Secondary
  • •Charming village core with local businesses
  • •Family-friendly parks and recreation
  • •Clarkson GO Station for easy commuting
  • •Active community associations

Nearby Schools

Clarkson Secondary SchoolPublic High School
St. Therese of Lisieux CSSCatholic High School
Hillcrest Public SchoolPublic Elementary
St. Christopher Catholic SchoolCatholic Elementary

Transit & Commuting

  • •Clarkson GO Station - direct line to Union Station
  • •MiWay bus connections
  • •Easy access to QEW and Highway 403
  • •20-minute drive to Toronto Pearson Airport

Parks & Amenities

  • •Clarkson Community Centre
  • •Rattray Marsh Conservation Area
  • •Richard's Memorial Park
  • •Clarkson Village shops and restaurants
  • •Local library branch

Lifestyle & Community

Clarkson offers excellent value for families seeking good schools and a strong community. The neighbourhood provides suburban comfort with easy GO Train access for commuters.

58
Walk Score
$800K - $1.8M
Price Range

1983 Rackus Crescent, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,030/mo
Range: $2,576 - $3,484
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,030
Maintenance Fees-$0
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$2,114

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 $500/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 22 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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Mississauga have shown strong appreciation as families seek more space.

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 5 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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    1983 Rackus Crescent, Mississauga | $999,900 | Battaglia Team