Welcome to 1042 Wetherby Lane, a well-kept 4+2 bedroom, 4-bath detached home on a quiet street in Rathwood, one of Mississauga's most established family neighbourhoods. It offers approx. 2,195 sq ft above grade (per MPAC) plus a finished basement. The main floor has bright living and dining rooms and a family room with a brick fireplace. The kitchen has quartz counters and a walk-out to the deck, a great spot for summer barbecues and entertaining. Upstairs are four bedrooms, including a large primary suite with its own ensuite featuring a walk-in tub. The finished basement adds two more bedrooms, a 4-pc bath and a large rec room, ideal for extended family, guests, teens or a home office. Other features include main-floor laundry with direct garage access. 2 cars can park on the driveway. Rathwood is known for mature streets, parks and trails, and strong nearby public and Catholic schools. Rockwood Mall, Burnhamthorpe Community Centre and Library, grocery stores, restaurants and everyday shopping are all close by. Square One, MiWay transit, Hwys 403, 427 and 401 and Pearson Airport are minutes away, making commuting across the GTA easy. A spacious detached home in a location like this doesn't come along often. Book your private showing today.
4 bedrooms, 4 bathrooms, about 2,000 sq ft, works out to roughly $625 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 1042 Wetherby Lane
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
2000-2500 sq ftas stated on the listing
Parking
4 spacesYes garage
Basement
Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
4
Interior
Basement
Finished
Lot & land
Lot size (sqft)
3918.06
Listing & possession
Property style
2-Storey
Property class
Detached
1042 Wetherby Lane Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$6,141
/mo
based on the purchase price of $1,250,000
$250,000 cash
$1,000,000 financed
$842,262 total interest
Principal54%$1,000,000
Interest46%$842,262
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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 Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Mississauga
Other 3–4 bed homes for sale in Mississauga around $1.3M.
Average days on market33Homes sold in about 33 days on average.
Sale-to-list ratio97.7%On average, homes sold below asking.
Active listings2,955Homes for sale here right now.
Median vs prior 90 days+0.6%Compared with Apr 26 – Jul 25, 2026: prices up.
Based on 2,130 sales from Jul 25 – Oct 23, 2026 (1,594 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
1042 Wetherby Lane is listed at $1,250,000 (MLS® W13727444). Summitly updates the price as soon as the MLS® record changes.
Is $1,250,000 a good price for 1042 Wetherby Lane?
Summitly rates it Good Deal: the asking price is 3% to 10% below Zara's estimate, an estimate built from recent sales in Mississauga. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1042 Wetherby Lane changed?
Yes — it was first listed at $1,299,900 and is now $1,250,000, a drop of $49,900 (3.8%).
How many bedrooms and bathrooms does 1042 Wetherby Lane have?
1042 Wetherby Lane has 4 bedrooms and 4 bathrooms, with about 2,000–2,500 square feet of living space. It is a detached home in Mississauga.
Is 1042 Wetherby Lane close to transit?
The nearest rapid-transit station is Dixie GO Station (Milton GO), about 3.1 km in a straight line. Cooksville GO Station is about 3.6 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 1042 Wetherby Lane?
About $6,141 a month — principal and interest on $1,250,000 with 20% down ($250,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1042 Wetherby Lane compare with other homes in Mississauga?
Its asking price of $1,250,000 is about 42% above the median sold price in Mississauga over the last 90 days, $880,000, across 2,130 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1042 Wetherby Lane been sold before?
Summitly has no earlier MLS® sale or lease of 1042 Wetherby Lane on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1042 Wetherby Lane?
1042 Wetherby Lane is in Mississauga, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1042 Wetherby Lane been on the market?
53 days — 1042 Wetherby Lane was listed on August 31, 2026.
What is the price per square foot of 1042 Wetherby Lane?
About $500 to $625 per square foot: the asking price of $1,250,000 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 1042 Wetherby Lane have parking or a garage?
Yes — the listing gives 4 parking spaces. Garage: Yes.
