$1,299,900
4242 Petersburg Crescent, Mississauga, ON L4Z 2T3 · Rathwood
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!
Property type
Detached
Style
2-Storey
Age
31-50
Lot size
40.08 × 105.16 Feet
Property taxes
$8,453 (2026)
Listing information is deemed reliable but is not guaranteed accurate by PropTx.
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Community
Rathwood
City
Mississauga
Postal code
L4Z 2T3
MLS® W13804832 · Listed by RE/MAX ELEVATE · Data source TRREB
Bedrooms
6
Bathrooms
5
Kitchens
2
Rooms above grade
8
Rooms below grade
4
Heating
Forced Air
Heat source
Gas
Cooling
Central Air
Basement
Apartment
Fireplace
Yes
Size
2000-2500 sqft
Features · None
Basement
Ground
Second
Construction
Brick, Concrete
Foundation
Brick, Concrete, Concrete Block, Steel Frame, Wood, Wood Frame
Exterior features
Canopy, Deck, Landscaped, Lighting, Patio, Paved Yard, Privacy, Porch
Pool
None
Garage
Attached
Garage spaces
2
Total parking
6
Sewer
Sewer
Lot & area
Fenced Yard, Park, River/Stream, School, Public Transit
Seeded with this listing's asking price. Change anything — your figures are kept on this device and only for this property.
Monthly payment
$5,901.08
An estimate from published rules, not advice or an approval. Figures current as of 2026-08-16.
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MLS® W13804832 · last updated Sep 21, 2026
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