$1,299,900
Est. payment $5,756/moCalculate yours
4242 Petersburg Crescent, Mississauga, ON L4Z 2T3
Rathwood, Mississauga, ON L4Z 2T3
- 4 + 2 Beds
- 5 Baths
- 2 Garage
- 2,000 Sq Ft
Listing courtesy of RE/MAX ELEVATE MLS® W13804832
About this home
An Exceptional Opportunity in the Heart of Mississauga! Welcome to a truly special 4+2 bedroom residence situated on a premium 40′ ravine lot in a peaceful crescent. For the first time in 29 years, this home is on the market! Looking for a modern home with a cottage-like feel, a walk-out basement apartment, and a peaceful creek-side backyard? This is the one! The home features a brand-new kitchen installed in April 2025, hardwood flooring throughout, including the basement, an elegant oak staircase, California shutters throughout, and a custom walk-in closet in the primary bedroom. The renovated walk-out basement apartment offers 2 bedrooms and 2 full bathrooms with large windows. It is currently rented for $1,800/month plus 40% utilities, with the seller willing to provide the property vacant. The kitchen opens onto a beautiful deck with a pergola, plus an additional deck below-perfect for entertaining and enjoying the peaceful backyard. Both yards are beautifully landscaped, with interlocking in the front and a picturesque running creek and cottage-like setting in the backyard. Ideally located within walking distance to Square One Shopping Centre, just a few blocks from Hwy 403, with easy access to transit connecting to Kipling Subway Station and Toronto. Pearson International Airport is approximately 15 minutes away. A rare opportunity to enjoy modern living with a cottage-like feel in the heart of Mississauga!
Property details
Overview
- Property Type
- Detached
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 31-50
- Size
- 2,000 sqft
Interior
- Bedrooms
- 4 + 2
- Bathrooms
- 5
- Kitchens
- 2
- Basement
- Apartment
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick, Concrete
- Foundation
- Brick, Concrete, Concrete Block, Steel Frame, Wood, Wood Frame
- Roof
- Shingles
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 40.08 x 105.16 Feet
- Parking
- Attached garage · 6 total
Financial
- Property Taxes
- $8,453 (2026)
Location
- Neighbourhood
- Rathwood
- Cross Street
- Central Pkwy E & Rathburn Rd E
- Direction Faces
- North
Listing
- MLS® Number
- W13804832
- Days on Market
- 30
- Listed On
- 2026-09-18
- Possession
- TBA
- Listed By
- RE/MAX ELEVATE
Rooms
Features
Interior
- None
Property
- Fenced Yard
- Park
- River/Stream
- School
- Public Transit
Pool
- None
- Included
- S/S fridge, 2x S/S Oven 2x S/S Hood Range Fan, S/S Dishwasher, Fridge, Washer and Dryer
- Excluded
- Staging Furniture
Mortgage calculator
Estimated mortgage payment
$5,756 per month
- Principal and interest
- $5,756
- Property tax
- $704
- Condo fees
- $0
- Estimated monthly cost
- $6,460
Your mortgage
- Mortgage amount
- $1,039,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $686,783
Cash to close
- Down payment
- $259,980
- Land transfer tax
- $22,473
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $282,453
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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