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New3 hours ago

86 - 1951 Rathburn Road E

Rathwood, Mississauga

$689,000

Condo Townhouse |
3 | 4 | 2 | 0
About this home

Looking for a home near schools, parks, shopping & transit? Then you need to see this townhouse. Rathwood is a well-established East Mississauga community, close to the Etobicoke border. Longo's, Shoppers Drug Mart, a coffee shop, Italian bakery, bank & medical centre are within walking distance. Garnetwood Park is just across the street, with a playground, splash pad, sports courts, a leash-free area & access to the Etobicoke Creek trail system. Schools, green spaces, golf clubs & major commuter routes are nearby. TH 86 backs toward detached homes, giving the rear setting a more open residential feel. At approximately 1,496 sq. ft. above grade, this townhouse offers three spacious bedrooms, four baths, a built-in garage and an additional parking space. On the main level, you'll find a large living & dining area with a walkout to the rear patio, plus a convenient powder room. The spacious eat-in kitchen is bright, exceptionally well kept & easy to enjoy as it is, with white cabinetry, a mirrored backsplash, ample storage & generous counter space. Upstairs are three well-proportioned bedrooms, including an extra-large primary bedroom with a large closet & 2-pc ensuite, a second bedroom with its own private balcony, a third bedroom with a walk-in closet & a full bath. You'll find plenty of storage & closets throughout the home. The finished lower level gives you even more living space, with a recreation room, wood-burning fireplace, laundry room & another 2-pc bath. *Monthly maintenance fees include water, Bell TV & unlimited high-speed internet, and also help cover landscaping, snow removal, grounds maintenance & major work handled by the condo corporation, including roofing, windows, exterior doors, foundations, roads & driveways. Location, layout, square footage, and two parking spots are already here. Instead of inheriting someone else's renovation choices, you have the opportunity to choose finishes, colours & materials that suit you - all at once or over time.

Extras

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Townhouse
Style2-Storey
Approx. Age31-50
Size1400-1599 sq. ft.
Maintenance Fees$708
LockerNone
BalconyOpen
ExposureSouth East
Parking TypeBuilt-In
Parking Spaces2
Parking FeaturesPrivate
Property Tax$4,906
mls© NumberW13876716
Listed ByROYAL LEPAGE REAL ESTATE SERVICES LTD.
Water Included
Cable TV Included
Common Elements Included
Building Insurance Included
Parking Included

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%
$3,527
Property tax
$409
Heat allowance
$150
Condo fees, half counted
$354
Housing costs
$4,440 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $137,800
25-yr amortization

Income needed

$137,000

gross annual household income

Payment at 4%
$2,899 / mo
Cash down
$137,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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