3979 River Mill Way, Mississauga

Price: $2,999,000

5 bedrooms, 3 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: W14004240

Welcome to 3979 RIVER MILL WAY, an exceptional executive residence beautifully situated in Mississauga's premier Rockwood Village community. Boasting a highly functional 4+1 bedroom and 4 bathroom layout. From the moment you step inside, the impressive centre hall plan commands attention, anchored by a magnificent oak staircase that sets a grand and welcoming tone. The heart of the home is the bright, expansive eat in kitchen, which serves as the ultimate hub for daily life. It features a walkout to the deck and garden, for summer barbecues, morning coffees, and al fresco dining. Upstairs, four generously sized bedrooms provide peaceful retreat for the entire family, complemented be an additional lower level bedroom that offers complete flexibility for an in law suite, nanny quarters. Unwind after a long day's work and enjoy the 10 person sauna for a relaxing evening. The expansive recreation room features a fireplace and wet bar, making it the perfect spot for family gatherings and parties. Enjoy ultimate convenience with scenic parks, top rated schools, shopping, and vibrant square one shopping center and much more. A must see to appreciate.

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active
New Listing

$2,999,000 - 3979 River Mill Way, Mississauga

Detached for Sale in Mississauga

New — Listed 3 days ago

Neighbourhood: Rathwood

5Beds
3Baths
3,500 - 3,999Sq Ft
Detached

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Property Details
MLS Number
W14004240
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
5
Bathrooms
3
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Mississauga
Taxes (2025)
$11,889
Listing Brokerage
RE/MAX PROFESSIONALS INC.
Description

Welcome to 3979 RIVER MILL WAY, an exceptional executive residence beautifully situated in Mississauga's premier Rockwood Village community. Boasting a highly functional 4+1 bedroom and 4 bathroom layout. From the moment you step inside, the impressive centre hall plan commands attention, anchored by a magnificent oak staircase that sets a grand and welcoming tone. The heart of the home is the bright, expansive eat in kitchen, which serves as the ultimate hub for daily life. It features a walkout to the deck and garden, for summer barbecues, morning coffees, and al fresco dining. Upstairs, four generously sized bedrooms provide peaceful retreat for the entire family, complemented be an additional lower level bedroom that offers complete flexibility for an in law suite, nanny quarters. Unwind after a long day's work and enjoy the 10 person sauna for a relaxing evening. The expansive recreation room features a fireplace and wet bar, making it the perfect spot for family gatherings and parties. Enjoy ultimate convenience with scenic parks, top rated schools, shopping, and vibrant square one shopping center and much more. A must see to appreciate.

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Estimated Payment

$13,265.59/mo

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5-yr fixed avg.

Principal: $2,399,200Interest: $1,580,477
Mortgage Amount$2,399,200
Total Interest$1,580,477
Est. Property Tax$2,124/mo
Total Cost$3,979,677

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

3979 River Mill Way, Mississauga

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Investor Analysis

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Estimated Monthly Rent
$4,450/mo
Range: $3,783 - $5,118
Cap Rate (ROI)
0.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,450
Maintenance Fees-$0
Property Tax (est.)-$2,124
Insurance (est.)-$625
Net Cash Flow+$1,701

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

Fair Market Value

At $857/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

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.

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.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Mississauga.

Bathroom Count Matters

With 3 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.

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    3979 River Mill Way, Mississauga | $2,999,000 | Battaglia Team