$1,950,000 - 4074 River Mill Way, Mississauga
Detached for Sale in Mississauga
New — Listed 4 days agoNeighbourhood: Rathwood
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- MLS Number
- W13720132
- Property Type
- Detached
- Status
- active
- Days on Site
- 4
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- RE/MAX EXCEL REALTY LTD.
Welcome to 4074 River Mill Way, a stunning luxury residence in Mississauga's prestigious Rathwood community, set on an exceptional 155-ft-deep lot with no sidewalk! A grand circular driveway accommodates up to 7 cars, plus a 2-car garage. Step inside to a dramatic 17-ft soaring foyer and an elegant open-concept main level featuring solid hardwood floors, a private executive office, dedicated laundry/mudroom and striking see-through double-sided fireplace. The recently renovated custom chef's kitchen showcases integrated Bosch cooktop & built-in oven, elegant countertops, custom cabinetry and abundant storage. Upstairs offers 4 spacious bedrooms and beautifully upgraded bathrooms, highlighted by a luxurious primary retreat with a newly remodeled spa-inspired 5-pc ensuite, while two additional bedrooms enjoy private ensuite baths. The professionally finished basement is designed for entertaining, featuring an expansive recreation area, custom wet bar, full bathroom, separate guest/nanny bedroom and private sauna. Step outside to your own resort-style oasis with a modern tiered deck overlooking a sprawling inground pool surrounded by extensive interlocking stone and an exceptionally deep backyard-perfect for entertaining and family living. Nestled in a quiet, family-friendly enclave close to parks and top schools, including Glenforest SS with its renowned IB Program. Minutes to Hwy 403/401/QEW with easy access across the GTA. A rare combination of lot size, space, luxury and lifestyle in the heart of Rathwood!
Estimate your monthly payments for this property
Estimated Payment
$8,625.51/mo
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.
4074 River Mill Way, 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 $557/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.
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 6 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 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.