4242 Petersburg Crescent

Rathwood, Mississauga, L4Z 2T3

$1,299,900

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  • 4+2 bedrooms
  • 5 bathrooms
  • 6 parking
  • 2000-2500 sq ft

Listed 32 days ago · MLS® W13804832

About this home

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!

Details

Type
Detached
Style
2-Storey
Age
31-50 years
Size
2000-2500 sq ft
Lot
40.08 × 105.16 ft
Basement
Apartment
Garage
Attached
Kitchens
2
Property tax
$8,453 (2026)
Neighbourhood
Rathwood
Municipality
Mississauga
Price per sq ft
$578 (11% below detached houses in Rathwood, $651)

Interior

Bedrooms
4 above ground + 2 below
Bathrooms
1 × 2-piece (main), 1 × 4-piece (second), 1 × 3-piece (second), 2 × 3-piece (basement)
Kitchens
2 (1 below ground)
Rooms
8 above ground + 4 below
Family room or den
No
Fireplace
Yes

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Brick, Concrete
Roof
Shingles
Foundation
Brick, Concrete, Concrete Block, Steel Frame, Wood, Wood Frame
Age
31-50 years
Faces
North
Outdoor
Canopy, Deck, Landscaped, Lighting, Patio, Paved Yard, Privacy, Porch

Parking

Garage spaces
2
Total parking
6
Driveway and parking
Available

Lot

Size
40.08 × 105.16 ft

More

Possession
TBA
Nearby
Fenced Yard, Park, River/Stream, School, Public Transit
Cross street
Central Pkwy E & Rathburn Rd E

Rooms

RoomLevelSizeFeatures
Living RoomGround5 × 3.25 m (16'5" × 10'8")Hardwood Floor, Pot Lights, Window
Dining RoomGround4.57 × 3.25 m (15' × 10'8")Hardwood Floor, Separate Room, Window
KitchenGround6 × 2.74 m (19'8" × 9')B/I Dishwasher, Breakfast Area, W/O To Sundeck
Family RoomGround5.25 × 3.5 m (17'3" × 11'6")Fireplace, Window, Hardwood Floor
Primary BedroomSecond6.86 × 3.35 m (22'6" × 11')4 Pc Ensuite, Hardwood Floor, Walk-In Closet(s)
Bedroom 2Second4.57 × 3.05 m (15' × 10')Double Closet, Hardwood Floor, Window
Bedroom 3Second4.57 × 3.05 m (15' × 10')Double Closet, Hardwood Floor, Window
Bedroom 4Second3.25 × 2.74 m (10'8" × 9')Double Closet, Hardwood Floor
Bedroom 5Basement3.34 × 3.16 m (10'11" × 10'4")Window, Laminate
BedroomBasement2.43 × 3.97 m (8' × 13')Window, Laminate
Living RoomBasement4.26 × 6.63 m (14' × 21'9")Laminate, W/O To Yard
KitchenBasement4.08 × 3.49 m (13'5" × 11'5")

History of this address

6 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Somewhat walkable

  • 🚆 Cooksville GO2.6 km

Within a 10-minute walk: 1 grocery store, 3 cafés and restaurants, 9 parks, 3 pharmacies. Nearest grocery: Food Basics (700 m). Nearest park: Woodington Green Park (200 m).

Schools nearby

Elementary

  • St. Charles Garnier School Catholic
    EQAO: Gr 6 reading 88%, math 38%
    2 min walk
  • Sts. Peter & Paul Catholic School Catholic
    EQAO: Gr 6 reading 93%, math 73%
    4 min walk
  • École élémentaire catholique René-Lamoureux French
    EQAO: Gr 6 reading 95%, math 100%
    6 min walk
  • St. Pio of Pietrelcina Elementary School Catholic
    EQAO: Gr 6 reading 94%, math 33%
    13 min walk

Secondary

  • The Valleys Senior Public School18 min walk
  • John Cabot Catholic Secondary School Catholic
    EQAO: Gr 9 math 46%, literacy test 76%
    1.4 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L4Z

Owners / renters
72% / 28%
Median household income
$100,000
Average age
41
Children under 15
14%
Homes
28% detached, 30% high-rise
Commute by transit
12%
Population
37,218

Languages spoken most at home besides English: Mandarin 2.6%, Arabic 2.5%, Polish 2.2%, Vietnamese 2.2%.

Flood and conservation Regulated area

This address is inside a conservation-authority regulated area (Credit Valley Conservation): near a valley, stream, shoreline or wetland, where flooding or erosion can occur. New building, additions, pools or grading usually need a permit from the authority.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for Peel Region (Mississauga/Brampton) police: 59 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Development nearby

No planning applications within 500 m in the last five years.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Flood and regulation mapping: Credit Valley Conservation open data. Crime Severity Index: Statistics Canada.

Living here

Commute

To Union Station (downtown Toronto): 21 km. Transit times · Driving times

Coming transit

  • 🚧 Robert Speck Hazel McCallion LRT1.1 km · opening about 2029
  • 🚧 Burnhamthorpe Hazel McCallion LRT1.2 km · opening about 2029
  • 🚧 Fairview Hazel McCallion LRT1.7 km · opening about 2029

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise 1 source nearby

  • 🛣️ Highway 403400 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence, with a City licence: not allowed in investment properties. Up to 180 nights a year, no more than 30 in a row.

City rules

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX ELEVATE.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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