$1,299,000

For sale

858 Wetherby Lane, Mississauga (Rathwood) - Single Family for Sale

858 Wetherby Lane, Mississauga (Rathwood), Ontario, L4W4S9

5 beds4 baths4 parking2,250 ft²54 × 125 ft (6,750 sq ft) lot sizeListed 38 days ago

Overview

This 5-bedroom, 4-bathroom home in Mississauga is for sale offering roughly 2,250 sq ft of space. Its $1,299,000 asking price sits right in line with the $1,299,000 median in Mississauga. It has been on the market 38 days, fresher than the Mississauga average of 53 days.

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Description

Rarely Offered 5-Level Backsplit on a Premium 6,764 Sq. Ft. Landscaped Lot! Spacious and well-maintained home in a sought-after neighbourhood. Major updates include Roof (2022), Furnace (2023), and Heat Pump (2024). Carpet-free throughout, with skylights in the kitchen and upper level providing abundant natural light. Glenforest Secondary School nearby and offering specialized programs, including IB, subject to application and eligibility. The home features a double garage, finished basement, and separate entrance. The versatile lower level offers a spacious great room, second kitchen, and wood-burning fireplace, ideal for extended family, entertaining, or additional living space. Conveniently located close to parks, top-rated schools, shopping, public transit, and major transportation routes. A rare combination of generous lot size, functional living space, and a convenient location. (id:66096)

Property Details

MLS®: W13833316
Property Type: Single Family
Zoning: Residential
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 4
Parking: 4
Interior Size: 2,250 ft²
Lot Size: 54 × 125 ft (6,750 sq ft)
Frontage: 54 ft
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $8,594.41/yr

Rooms

Main level

Living room: 4.34 x 3.27 meters
Dining room: 4.96 x 3.27 meters
Kitchen: 4.78 x 3.76 meters

Basement

Recreational, Games room: 5.18 x 7.01 meters
Kitchen: 3.45 x 3.2 meters
Recreational, Games room: 8.54 x 4.95 meters
Bedroom 5: 4.57 x 3.66 meters

Upper Level

Primary Bedroom: 4.85 x 3.92 meters
Bedroom 2: 4.33 x 3.17 meters

Features

Appliances: Washer, Refrigerator, Central Vacuum, Stove, Dryer, Window Coverings
Flooring: Hardwood, Parquet, Ceramic
Foundation: Concrete
Exterior: Brick
Lot Features: Level lot, Irregular lot size, Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

38d

Mississauga (Rathwood) listings, avg age

53d

Price / ft²

$577

List price

$1.30M

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.

Haho

This 5-bed single family in Mississauga (Rathwood) has been listed for 38 days, which is 15 days fresher than the city average of 53. Act while there is still low competition.

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Listed by MASTER'S TRUST REALTY INC. · ALEX DING

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4W)

This home lists at $1,299,000, about 12.4× the local median household income of $105,000.

Carrying it typically needs a household income of about $253,740 (20% down, 25-yr amortization, stress-tested) — roughly 142% above the area median.

Median household income: $105,000
Population: 19,744
Median age: 49.2
Owner / renter: 78% / 22%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA L4W)

$1,299,000· $577/ft²

For sale

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Full Cost Breakdown

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Down Payment8.08% · $104,900

Min 8.08%50%

Mortgage payment$6,620/mo

↳ CMHC premium ($47,764 capitalized)

Property tax (est.)$716/mo

Total monthly$7,337

Cash Needed to Close

Down payment (8.08%)$104,900

Land transfer tax$22,455

Est. closing costs$6,397

Total cash needed$133,752

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