For SaleDetached · 2-StoreyMLS® #W14168116 · TRREB MLS®
1387 Underwood Dr, Mississauga, Ontario
Rathwood, Mississauga, Ontario L4W 3M9
- Bedrooms
- 3
- Lot Size
- 29.3 x 150.27 ft
- Bathrooms
- 3
- Type
- Detached
- Basement
- Finished
$997,000
Estimated market value
About 1387 Underwood Dr
1387 Underwood Dr is a 3-bedroom, 3-bathroom detached house in Rathwood, Mississauga, listed for sale at an asking price of $997,000 (MLS® W14168116).
Welcome to 1387 Underwood Drive, ideally located in a desirable Mississauga neighbourhood! This inviting 3-bedroom home offers comfortable living space, complemented by a finished basement providing valuable additional space for family living, entertaining or a home office. Perfect for families, first-time buyers or those looking for a wonderful place to call home. Conveniently situated close to schools, parks, shopping, restaurants, public transit and major highways. A fantastic opportunity to own in an established and convenient neighbourhood. Don't miss it!
Insights
Condition Score
Good6 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall−$1,805/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 57 detached homes with 3 bedrooms for lease in Mississauga right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $6,070 / 2026
- MLS® number
- W14168116
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 31-50
- Days on market
- Size
- 1100-1500 sqft
- Lot Size
- 29.3 x 150.27 ft
- Listed on
- Parking
- 1 Attached, 5 Parking
Listing history
Buy/sell history for 1387 Underwood Dr, 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 | $997,000 | N/A | For Sale | W14168116 |
Members see the full history. Prices are hidden from signed-out visitors.
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 Michelle Lacroix for a full comparative market analysis.
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- Rathwood
- Municipality
- Mississauga
Building
- Size
- 1100-1500 sqft
- Building Age
- 31-50
- Construction
- Brick
Inside
- Bedrooms
- 3
- Bathrooms
- 3
- Bathroom Details
- 1 × 2pc Main, 1 × 3pc Bsmt, 1 × 4pc 2nd
- Basement Type
- Finished
- Kitchens
- 1
Parking
- Driveway
- Available
- Garage Type
- Attached
- Garage
- 1
- Additional Parking
- 4
- Total Parking
- 5
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 29.3 ft
- Depth
- 150.27 ft
- Lot Size
- 29.3 x 150.27 ft
Additional
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- Refrigerator, Gas stove, Built in dishwasher, built in microwave, washer and dryer, freezer in basement, all Electrical fixture, all window covering. garage Door opener and remote.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.17 × 6.01 m | Combined W/Dining, Window, Parquet Floor | Main |
| Dining | 2.83 × 6.01 m | Combined W/Living, Window, Parquet Floor | Main |
| Kitchen | 3.03 × 5.18 m | W/O To Deck, Tile Floor, Eat-In Kitchen | Main |
| Primary | 3.03 × 5.09 m | Window, Double Closet, Parquet Floor | 2nd |
| 2nd Br | 2.71 × 3.71 m | Window, Closet, Parquet Floor | 2nd |
| 3rd Br | 2.79 × 2.98 m | Window, Closet, Parquet Floor | 2nd |
| Rec | 5.6 × 5.89 m | Fireplace, Tile Floor, 3 Pc Bath | Bsmt |
Map and tour
Detached homes for sale in Rathwood right now
- For sale now
- 35
- Median asking price
- $1.3M
- New in 7 days
- 3
- Price cuts
- 31%
Middle half: $1.17M to $1.59M
14 in 28 days
11 listings
This home is asking 23% below the median, lower than three quarters of them.
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.
Land transfer tax on this home
- Ontario land transfer tax
- $16,415
- Total land transfer tax
- $16,415
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $12,415
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 $997,000
- $11,940
- Ontario total
- $16,415
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St Basil SchoolDufferin-Peel CDSB | Catholic · grades JK–8 | 650 m | 80%Grade 6 average |
| Sts Martha & Mary Separate SchoolDufferin-Peel CDSB | Catholic · grades JK–8 | 1.2 km | 82%Grade 6 average |
| Burnhamthorpe Public SchoolPeel DSB | Public · grades JK–6 · French Immersion | 1.8 km | 74%Grade 3 average |
| ÉÉC René-LamoureuxConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 2.9 km | 98%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Philip Pocock Catholic Secondary SchoolDufferin-Peel CDSB | Catholic · grades 9–12 · French Immersion | 1.2 km | 61%Grade 9 math |
| Glenforest Secondary SchoolPeel DSB | Public · grades 9–12 | 1.6 km | 58%Grade 9 math |
| John Cabot Catholic Secondary SchoolDufferin-Peel CDSB | Catholic · grades 9–12 | 1.9 km | 46%Grade 9 math |
| Applewood Heights Secondary SchoolPeel DSB | Public · grades 9–12 · French Immersion | 2.5 km | 59%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.
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Dixie Station | MiWay bus rapid transit: Transitway | 250 m |
| Tahoe Station | MiWay bus rapid transit: Transitway | 1.1 km |
| Tomken Station | MiWay bus rapid transit: Transitway | 1.2 km |
| Cawthra Station | MiWay bus rapid transit: Transitway | 1.8 km |
| Dixie GO | GO Transit train: Milton | 3.6 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, 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.
Lot
- Lot area
- 4,403 sq ft409 m²
- Street frontage
- 29.3 ft8.9 m
- Depth
- 150.27 ft45.8 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.
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.
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
- $199,400
- Total mortgage amount
- $797,600
- Total interest payment
- $567,100
- Total purchase cost
- $1,564,100
- Mortgage payment
- $4,549/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
52%Monthly carrying cost
$5,055- Rent $3,250
- Shortfall $1,805
Rental income opens at $3,250, the median asking rent of 57 comparable homes for lease in Mississauga. Type over it with the rent you expect. This is a planning tool, not advice.
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