The Lowdown on Rathwood

Your Typical Neighbour

An established mature family. Rathwood has a higher number of residents born outside of Canada than the average in Mississauga, and a strong European influence.

What We

Large, family sized homes, on quiet and safe residential streets with a close proximity to Toronto and Bloor subway stations.

What We Don't

Due to the location and proximity to the city, the prices in the area have appreciated making this neighbourhood attainable more so for move-up buyers (although there are disbursements of condo apartment townhouse developments throughout the neighbourhood).

Property Statistics in Rathwood

All Properties - Statistics

Q4 2023

$1,063,445.00

Average Price

68

New Listings

38

Properties Sold

28

Average Days on Market

96%

% of Asking Price

Detached Houses - Statistics

Q4 2023

$1,352,000

Average Price

30

New Listings

20

Properties Sold

24

Average Days on Market

96%

% of Asking Price

semi-detached - Statistics

Q4 2023

n/a

Average Price

4

New Listings

1

Properties Sold

n/a

Average Days on Market

n/a

% of Asking Price

Condos - Statistics

Q4 2023

$586,000.00

Average Price

14

New Listings

7

Properties Sold

27

Average Days on Market

97%

% of Asking Price

Source: TREB Statistics

Residents moving to Rathwood are looking for close proximity to city amenities (City Center and Etobicoke), while still living in a more serene and family type suburban setting.

The majority of homes available in Rathwood are freehold detached and semis, with a few condo townhouses and condo apartment developments interspersed throughout the ‘hood.

The majority of the properties in Rathwood were built in the 1980s, but there have been some newer developments in the past few years (Hickory Village executive townhomes by Sierra Building Group) in addition to an increase in top-ups and custom home builds in the surrounding area on Hickory Drive. The freehold properties are generally comprised of two-story, bungalows and splits - similar in styling to what you would see in the adjacent neighbourhood of Applewood.

Condo apartment developments in Rathwood are generally older (but affordably priced) with many located close to Dixie and Rathburn. Condo townhouse developments can be found throughout Rathwood, with a concentration at Rathburn and Fieldgate and another at Rathburn and Central Parkway East. 

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About Rathwood

Developed in the 1980s, Rathwood in Mississauga is known as a quiet family area and has become a great alternative to those looking for a little more “bang for your buck” than you would get in the neighbouring Etobicoke.

Interest in Rathwood has really picked up steam over the past few years and has become known as a family neighbourhood. Large homes on wide lots, situated on tree-lined streets interspersed with parks and greenspace – sounds picturesque, doesn’t it? Add in the location as siding on the more expensive Etobicoke, and the highly ranked Public and Catholic schools, and you can see why Rathwood has become a family favourite.

The main source of transit throughout the neighbourhood is the MiWay bus, but Dixie Go isn’t too far away for a quick commute into the downtown core. Alternatively, the Bloor subway stations are a short drive from the more easterly parts of the area.

The western part of Rathwood neighbourhood is adjacent to Square One, making shopping or going out for dinner a breeze. Rathwood also has one of its own shopping centres if you’re looking for something a little less busy: Rockwood Mall, in addition to smaller complexes throughout the community.

 


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