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Featured
New3 hours ago

3979 River Mill Way

Rathwood, Mississauga

$2,999,000

Detached|2-Storey
4 | 3 | 6
About this home

Welcome to 3979 RIVER MILL WAY, an exceptional executive residence beautifully situated in Mississauga's premier Rockwood Village community. Boasting a highly functional 4+1 bedroom and 4 bathroom layout. From the moment you step inside, the impressive centre hall plan commands attention, anchored by a magnificent oak staircase that sets a grand and welcoming tone. The heart of the home is the bright, expansive eat in kitchen, which serves as the ultimate hub for daily life. It features a walkout to the deck and garden, for summer barbecues, morning coffees, and al fresco dining. Upstairs, four generously sized bedrooms provide peaceful retreat for the entire family, complemented be an additional lower level bedroom that offers complete flexibility for an in law suite, nanny quarters. Unwind after a long day's work and enjoy the 10 person sauna for a relaxing evening. The expansive recreation room features a fireplace and wet bar, making it the perfect spot for family gatherings and parties. Enjoy ultimate convenience with scenic parks, top rated schools, shopping, and vibrant square one shopping center and much more. A must see to appreciate.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$11,889
Lot Size48.88 ft x 111.38 ft
mls© NumberW14004240
Listed ByRE/MAX PROFESSIONALS 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%
$15,350
Property tax
$991
Heat allowance
$150
Housing costs
$16,491 / mo

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

Down payment20% · $599,800
25-yr amortization

Income needed

$507,000

gross annual household income

Payment at 4%
$12,620 / mo
Cash down
$599,800

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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