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Rathwood, Mississauga
$1,999,000
Welcome to this spacious and versatile backsplit offering an exceptional blend of comfort, functionality, and investment potential. With generous living spaces, this home is ideal for large and multigenerational families, providing ample room for daily living, entertaining, and guest accommodations. The completed lower levels add living space that can be utilized for family recreation or working from home. Step outside to your private backyard retreat featuring an in-ground heated pool and ample seating areas perfect for rest and relaxation, al-fresco dining, and entertaining loved ones on warm summer days. Ample parking for up to six cars provides additional convenience for homeowners and guests. Being closely situated to top-rated schools, public transport, and local amenities including community centres and parks, makes it an excellent family-friendly neighborhood. For investors, this property offers an exceptional opportunity as an active, high-performing short-term rental with an established Superhost track record. Operating turnkey and generating approximately $100k - $150k in gross annual income, this is the perfect investment opportunity elevated with stylish furniture, smart locks, security cameras, and more. As a new owner, feel the convenience of seamlessly continuing the existing rental operation while benefiting from its established setup and income potential. So whether you're looking for a family home, an income-producing investment, or a combination of both, the versatility here is an opportunity you don't want to miss.
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| Type | Detached |
| Style | Backsplit 4 |
| Approx. Age | Not available |
| Size | 3000-3500 sq. ft. |
| Property Tax | $10,509 |
| Lot Size | 50 ft x 205.5 ft |
| mls© Number | W13787682 |
| Listed By | SAM MCDADI REAL ESTATE INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $10,232
- Property tax
- $876
- Heat allowance
- $150
- Housing costs
- $11,258 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$346,000
gross annual household income
- Payment at 4%
- $8,412 / mo
- Cash down
- $399,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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