640 Rathburn Road, Mississauga, ON

$739,000
MLS#:W10416472
3 beds
2 baths
1200-1399 sqft
2.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 3-Storey condo townhouse located in the coveted neighborhood of Rathwood. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $739,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Other
  • Efficient baseboard heating via electric

Description

Amazing Key Reasons Why You Should Buy This Home: 1)-its literally 2min to Hwy and 5min to Square One!!! 2)-Clean Well Kept Neighbourhood.3)- Huge Bright Open Concept Living Leading into Separate Dinning and Kitchen Area.4)-Granite Countertop & Back splash, No Carpet AT ALL, Freshly Painted.5)Huge Master &Spacious Bedrooms,4Pc Bath.6)And the Big Plus of a Finished Lower Level with 3Pc Bath Walking out to The Yard to be Used as Living or Another Bedroom and Also Has a Separate Access From The Front. Backyard facing Park/Playground, Close to Everything-HWY's, Shopping, Place of Worship, Schools, Public Transit

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateDecember 9, 2024
Sold price information is available to members only
Listed Date11/9/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style3-Storey
ConstructionBrick
BasementFinished with Walk-Out
CountyPeel
Annual Tax$3,209

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeBuilt-In

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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640 Rathburn Road, Mississauga, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 640 Rathburn Road E 31, Mississauga, ON L4Z 1C6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Mississauga.

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Interest Rate5.25%
Down Payment$48,900 (6.6%)
* Minimum Canadian down payment required for this price is $48,900.
Amortization Period25 Years
Estimated Monthly Payment$4,112Based on a loan of $690,100 over 25 years.
Purchase Price$739,000
Loan Amount$690,100
Provincial Land Transfer Tax:$11,255
Total Estimated Closing Taxes:$11,255

About Purchasing a Home in Mississauga, ON

For a property listed at $739,000 in Mississauga, the legal minimum down payment is $48,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $11,255 for this transaction. As this listing is in Mississauga (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $11,255.

Nearby Listings

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No current listings found in Mississauga.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rathwood, Mississauga.

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$1,050,173

People & Families

Age Distribution

Household Composition

One-person households
22%
Families with children
48%
Couples without children
24%
Other households
6%

Top Ethnic Origins

Indian20%
Chinese10%
Canadian9%
English8%

Local Schools Guide

Elementary Schools

St Basil
Public4235 Golden Orchard Drive, Rathwood, Mississauga, Ontario, L4W 3G1
7.1
St Sofia
Public3540 Havenwood Drive, Applewood, Mississauga, Ontario, L4X 2M9
7.6
Sts Martha & Mary
Public1760 Bough Beeches Boulevard, Rockwood Village, Mississauga, Ontario, L4W 2B9
7.5
St Alfred
Public3341 Havenwood Drive, Applewood, Mississauga, Ontario, L4X 2M2
5.3
St Thomas More
Public3270 Tomken Road, Applewood, Mississauga, Ontario, L4Y 2Y7
8.0

Secondary Schools

Philip Pocock
Public4555 Tomken Road, Rathwood, Mississauga, Ontario, L4W 1J9
5.9
John Cabot
Public635 Willowbank Trail, Rathwood, Mississauga, Ontario, L4W 3L6
4.4
Applewood Heights SS
PublicApplewood, Mississauga, Ontario, L4Y 2K1
5.4

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied72%
Rented28%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.