$877,000 - 2120 Rathburn Road Unit 55, Mississauga
Condo for Sale in Mississauga
Neighbourhood: Rathwood
- MLS Number
- W13242566
- Property Type
- Condo
- Status
- active
- Days on Site
- 29
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,400 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- North West
- Balcony
- None
- Listing Brokerage
- RIGHT AT HOME REALTY
Beautifully renovated 4-bedroom, 4-bathroom home backing onto a serene ravine in sought after Rathwood. Renovated from top to bottom, this home delivers modern comfort, thoughtful design, and a natural setting. The main floor features hardwood flooring, abundant natural light, and a seamless flow between living, dining, and kitchen spaces. Highlights of the renovated kitchen include quartz countertops and new stainless steel appliances (dishwasher 2026, stove 2025). Walk out to a patio where tranquil ravine views greet you in the morning and evening. Four bedrooms, an ensuite bathroom, and a tastefully renovated main bathroom complete the upper level. The finished basement offers a wood-burning fireplace, laundry room with storage cabinets, and a bathroom. Upgrades include an owned furnace with humidifier (2020) and high-efficiency A/C (2021). Located within the highly regarded Glenforest Secondary School catchment and across the creek from Centennial Park, this move-in ready home delivers on every front. Maintenance fee covers water, cable TV, internet, exterior upkeep (roof, driveway, garage door, front and rear doors, exterior brick, all windows), snow removal, grass cutting, and hedge trimming. Complex offers visitor parking, playgrounds, and a tennis court.
Estimate your monthly payments for this property
Estimated Payment
$4,499.46/mo
Includes CMHC insurance ($24,468)
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.
2120 Rathburn Road Unit 55, 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 $626/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 29 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.
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.
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.
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.