$1,999,000
Mississauga
4072 Wilcox Road, Mississauga (Rathwood), Ontario, L4Z1B7
This 6-bedroom, 3-bathroom home in Mississauga is for sale offering roughly 3,250 sq ft of space.
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. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 51 days on market, against an average age of 53 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 34 days on the market over the past year, against a median of 48 days across the markets we publish.
This 6-bed single family in Mississauga (Rathwood) has been listed for 51 days, which is 2 days fresher than the city average of 53. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,999,000, about 20.0× the local median household income of $100,000.
Carrying it typically needs a household income of about $390,475 (20% down, 25-yr amortization, stress-tested) — roughly 290% above the area median.
Source: Statistics Canada, 2021 Census (FSA L4Z)
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Loading rates, 30-yr amortization
Cash Needed to Close
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.