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$1,299,900
4242 Petersburg Cres
Mississauga, ON L4Z 2T3
4242 Petersburg Cres, Mississauga — Listed at $1,299,900. 6 bedroom, 5 bathroom 2-Storey Detached. MLS® W13804832.
Possession · seller's timeline
90+ days
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Description
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 Details
Property Insights
Listing Courtesy of: RE/MAX ELEVATE
MLS® #W13804832


The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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HouseIndex Take: 4242 Petersburg Crescent
This detached (2-Storey) is located in the Rathwood neighbourhood of Mississauga.
The home offers 6+2 bedrooms, 5 bathrooms.
Features include a apartment basement, 6 parking spaces including a 2-car garage, a fireplace.
Additional details: lot dimensions of 40.08 × 105.16 feet.
Listed at $1,299,900 CAD with annual property taxes of $8,453.01 (2026).
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About Mississauga Real Estate
This Detached is located in the Rathwood community in Mississauga. Mississauga is Ontario's third-largest city, offering a strong balance of suburban space and urban amenities along the western shores of Lake Ontario. The Square One district is rapidly densifying, while established areas like Lorne Park and Erin Mills offer mature tree-lined streets. Pearson International Airport and the 403/QEW provide excellent regional connectivity. Detached homes in Mississauga are in high demand among families seeking space, privacy, and long-term equity growth.