4242 Petersburg Cres
Rathwood, Mississauga, Ontario L4Z 2T3
- Bedrooms
- 4+2
- Bathrooms
- 5
- Size
- 2,000–2,500sq ft
- Per sq ft
- $662at the range’s middle
- Lot
- 40.08 x 105.16 ft
- Tax a year
- $8,4532026 tax year
- Built
- 31-50
- Parking
- 62 attached
- Days on market
- Members
The brief
About 4242 Petersburg Cres
4242 Petersburg Cres is a 4+2-bedroom, 5-bathroom detached house in Rathwood, Mississauga, listed for sale at an asking price of $1,488,888 (MLS® W13804832).
An Exceptional Opportunity in the Heart of Mississauga! Welcome to a truly special 4+2 bedroom residence situated on a premium 40' ravine lot in a peaceful crescent. For the first time in 29 years, this home is on the market! Looking for a modern home with a cottage-like feel, a walk-out basement apartment, and a peaceful creek-side backyard? This is the one! The home features a brand-new kitchen installed in April 2025, hardwood flooring throughout, including the basement, an elegant oak staircase, California shutters throughout, and a custom walk-in closet in the primary bedroom. The renovated walk-out basement apartment offers 2 bedrooms and 2 full bathrooms with large windows. It is currently rented for $1,800/month plus 40% utilities, with the seller willing to provide the property vacant. The kitchen opens onto a beautiful deck with a pergola, plus an additional deck below-perfect for entertaining and enjoying the peaceful backyard. Both yards are beautifully landscaped, with interlocking in the front and a picturesque running creek and cottage-like setting in the backyard. Ideally located within walking distance to Square One Shopping Centre, just a few blocks from Hwy 403, with easy access to transit connecting to Kipling Subway Station and Toronto. Pearson International Airport is approximately 15 minutes away. A rare opportunity to enjoy modern living with a cottage-like feel in the heart of Mississauga!
Insights
Condition Score
Good78/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall37/100−$1,697/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 7 detached homes with 6 bedrooms for lease in Mississauga right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $8,453 / 2026
- MLS® number
- W13804832
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 31-50
- Days on market
- Size
- 2000-2500 sqft
- Lot Size
- 40.08 x 105.16 ft
- Listed on
- Parking
- 2 Attached, 6 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- Rathwood
- Municipality
- Mississauga
Building
- Size
- 2000-2500 sqft
- Building Age
- 31-50
- Construction
- Brick
Inside
- Bedrooms
- 4+2
- Bathrooms
- 5
- Bathroom Details
- 1 × 2pc Main, 1 × 4pc 2nd, 1 × 3pc 2nd, 2 × 3pc Bsmt
- Basement Type
- Apartment
- Kitchens
- 1
Parking
- Driveway
- Available
- Garage Type
- Attached
- Garage
- 2
- Additional Parking
- 4
- Total Parking
- 6
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 40.08 ft
- Depth
- 105.16 ft
- Lot Size
- 40.08 x 105.16 ft
Additional
- Foundation
- Brick, Concrete, Concrete Block, Steel Frame, Wood, Wood Frame
- Roof
- Shingles
- Fireplace
- Yes
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- S/S fridge, 2x S/S Oven 2x S/S Hood Range Fan, S/S Dishwasher, Fridge, Washer and Dryer
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.25 × 5.0 m | hardwood floor, Pot Lights, Window | Ground |
| Dining | 3.25 × 4.57 m | hardwood floor, Separate Rm, Window | Ground |
| Kitchen | 2.74 × 6.0 m | B/I Dishwasher, Breakfast Area, W/O To Sundeck | Ground |
| Family | 3.5 × 5.25 m | Fireplace, Window, hardwood floor | Ground |
| Primary | 3.35 × 6.86 m | 4 Pc Ensuite, hardwood floor, W/I Closet | 2nd |
| 2nd Br | 3.05 × 4.57 m | Double Closet, hardwood floor, Window | 2nd |
| 3rd Br | 3.05 × 4.57 m | Double Closet, hardwood floor, Window | 2nd |
| 4th Br | 2.74 × 3.25 m | Double Closet, hardwood floor | 2nd |
| 5th Br | 3.16 × 3.34 m | Window, Laminate | Bsmt |
| Br | 3.97 × 2.43 m | Window, Laminate | Bsmt |
| Living | 6.63 × 4.26 m | Laminate, W/O To Yard | Bsmt |
| Kitchen | 3.49 × 4.08 m | — | Bsmt |
Listing history
Buy/sell history for 4242 Petersburg Cres, Mississauga, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,488,888 | N/A | Pc | W13804832 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $297,778
- Total mortgage amount
- $1,191,110
- Total interest payment
- $846,790
- Total purchase cost
- $2,335,678
- Mortgage payment
- $6,793/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
40%Monthly carrying cost
$7,497- Rent $5,800
- Shortfall $1,697
Rental income opens at $5,800, the median asking rent of 7 comparable homes for lease in Mississauga. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $26,253
- Total land transfer tax
- $26,253
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $22,253
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,488,888
- $21,778
- Ontario total
- $26,253
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 4,215 sq ft392 m²
- Street frontage
- 40.08 ft12.2 m
- Depth
- 105.16 ft32.1 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Inside Credit Valley Conservation’s mapped regulated areaWork on the property, such as an addition or grading, may need a permit from Credit Valley Conservation. It does not mean the house floods.At the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m1 test or monitoring hole also recorded.250 m
Credit Valley Conservation · Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 5.7 km5.7 km
Province of Ontario open data
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Ecolab Co. — Mississauga Plant, 2.7 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Alectra Utilities CorporationAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Credit Valley Conservationor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under Credit Valley Conservation Open Data Licence v1.0.
The market
Detached homes for sale in Rathwood right now
- For sale now
- 37
- Median asking price
- $1.32M
- New in 7 days
- 5
- Price cuts
- 30%
Middle half: $1.2M to $1.57M
16 in 28 days
11 listings
This home is asking 12% above the median.
See all homes in RathwoodAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Central Parkway Station | MiWay bus rapid transit: Transitway | 350 m |
| Cawthra Station | MiWay bus rapid transit: Transitway | 1.5 km |
| Hurontario St at Eglinton Ave | Brampton Transit bus rapid transit: Züm Main | 1.6 km |
| Mississauga City Centre Transit Terminal | Brampton Transit bus rapid transit: Züm Main | 1.6 km |
| Cooksville GO | GO Transit train: Milton | 2.6 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; MiWay schedule data (GTFS) from the City of Mississauga under the City of Mississauga Terms of Use; Brampton Transit schedule data (GTFS) from the City of Brampton under the Creative Commons Attribution 4.0 licence (CC BY 4.0), downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. MiWay's schedule data is publicly available from the City of Mississauga under its Terms of Use. Brampton Transit data © City of Brampton; Valery selected the Züm stations from it and grouped their stops.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St. Charles Garnier SchoolDufferin-Peel CDSB | Catholic · grades JK–8 | 200 m | 69%Grade 6 average |
| Sts. Peter & Paul Catholic SchoolDufferin-Peel CDSB | Catholic · grades JK–8 | 350 m | 86%Grade 6 average |
| ÉÉC René-LamoureuxConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 350 m | 98%Grade 6 average |
| Briarwood Public SchoolPeel DSB | Public · grades JK–6 | 1.2 km | 64%Grade 3 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| John Cabot Catholic Secondary SchoolDufferin-Peel CDSB | Catholic · grades 9–12 | 1.3 km | 46%Grade 9 math |
| Philip Pocock Catholic Secondary SchoolDufferin-Peel CDSB | Catholic · grades 9–12 · French Immersion | 2.3 km | 61%Grade 9 math |
| Applewood Heights Secondary SchoolPeel DSB | Public · grades 9–12 · French Immersion | 2.3 km | 59%Grade 9 math |
| ÉSC Sainte-FamilleConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 9.3 km | 67%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Rathwood are shown to signed-in members.