640 Rathburn Road, Mississauga, ON

$799,000
MLS#:W11926460
3 beds
2 baths
1400-1599 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This listing is no longer active (Sold)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 2-Storey condo townhouse located in the coveted neighborhood of Rathwood. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $799,000 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 1400-1599 sqft
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with other central cooling and highly efficient baseboard heating via electric

Description

Nestled in a serene Mississauga neighborhood with a 5-minute drive to everything you need: Whole Foods, Walmart, Square One Mall, Celebration Square, HWY 403, and many more. This beautifully renovated and well-maintained two-storey townhouse offers three bedrooms, two washrooms, a finished basement and a cozy patio perfect for friends and family entertainment. The separate dining room overlooks a stunning sun-drenched living room. Less than 15 minutes drive to Pearson Airport. Energy efficient - Very low heating cost: bills for electricity (including heat) are approximately 250$ monthly. **EXTRAS** Washer, Dryer, All Light Fixtures, S/S Fridge, S/S Stove, S/S Dishwasher, S/S Microwave

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1400-1599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateFebruary 26, 2025
Sold price information is available to members only
Listed Date1/16/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style2-Storey
ConstructionBrick
BasementFinished
CountyPeel
Annual Tax$3,237

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingOther

Features

Property Features

Park, Public Transit, School

Interior Features

None

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 7, 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.

Market Trend
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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$54,900 (6.9%)
* Minimum Canadian down payment required for this price is $54,900.
Amortization Period25 Years
Estimated Monthly Payment$4,434Based on a loan of $744,100 over 25 years.
Purchase Price$799,000
Loan Amount$744,100
Provincial Land Transfer Tax:$12,455
Total Estimated Closing Taxes:$12,455

About Purchasing a Home in Mississauga, ON

For a property listed at $799,000 in Mississauga, the legal minimum down payment is $54,900 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 $12,455 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 $12,455.

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.