Searching for luxury homes for sale in Mississauga? This vibrant city offers some of the GTA’s most prestigious estates, blending architectural elegance with modern convenience. From sprawling mansions to custom-designed residences, Mississauga’s luxury real estate market caters to discerning buyers seeking privacy, comfort, and upscale amenities.

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4040 Lookout Court
Rathwood Mississauga L4W 4E9

$3,777,000
Residential Freehold beds: 4+2 baths: 4.0

Main Photo: 4040 Lookout Court in Mississauga: Rathwood House for sale : MLS®# W12955636
Photo 1: 4040 Lookout Court in Mississauga: Rathwood House for sale : MLS®# W12955636
Photo 2: 4040 Lookout Court in Mississauga: Rathwood House for sale : MLS®# W12955636
Photo 3: 4040 Lookout Court in Mississauga: Rathwood House for sale : MLS®# W12955636
Photo 4: 4040 Lookout Court in Mississauga: Rathwood House for sale : MLS®# W12955636
Status:
Active
Prop. Type:
Residential Freehold
MLS® Num:
W12955636
Bedrooms:
4+2
Bathrooms:
4
Step into luxury with this stunning custom-built home, perfectly situated on a prestigious cul-de-sac in the highly sought-after Rockwood Village. Showcasing a truly unique and elegant layout, this exceptional 4-bedroom residence offers a grand, two-storey vaulted foyer and a breathtaking O'Hara staircase that creates an unforgettable first impression.Designed for both comfort and entertaining, the home features spacious principal rooms, a sunken living room, and a banquet-sized dining area. High-end finishes include marble, hardwood, and ceramic flooring throughout, adding timeless sophistication to every space.The gourmet kitchen is ideal for family living, while the convenience of a main floor bathroom and laundry enhances everyday functionality. The fully finished lower level offers incredible versatility with a complete nanny or in-law suite, including a kitchen, bedroom, bathroom, recreation room, and a second laundry area.Perfectly located close to top-rated schools, public transit, shopping, and major highways, this home truly offers the best of luxury living and convenience.A rare opportunity not to be missed-this exquisite home is sure to impress even the most discerning buyers.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
2-Storey
Approx. Age:
31-50
Total Approx Floor Area:
3500-5000
Lot Depth:
125'5⅞"
Lot Frontage:
41'5"
Direction Faces:
West
Bedrooms:
4+2
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
2
Kitchens in Basement:
1
Bedrooms Above Grade:
4
Bedrooms Below Grade:
2
Kitchens Above Grade:
1
Rooms Above Grade:
9
Rooms Below Grade:
4
Heating type:
Forced Air
Heating Fuel:
Gas
Fireplaces:
3
Foundation:
Unknown
Roof:
Shingles
Basement:
Apartment, Finished
Fireplace/Stove:
Yes
Garage:
Attached
Garage Spaces:
2.0
Parking Features:
Circular Drive, Private Double
Parking Spaces:
2
Total Parking Spaces:
4.0
Family Room:
Yes
Possession Details:
Tba
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Taxes:
$11,972.14 / 2025
Assessment:
$- / -
Peel
Mississauga
Rathwood
Carpet Free, In-Law Suite
Hwt
All existing Elf, 2 Fridges, 2 Stoves,2 Dishwashers,2 Washers,2 Dryers,3 Gas Fireplaces, Garage Door Opener
All tenants belongings
Brick
Floor
Type
Size
Other
Main
Living Room
18'1" × 13'1½"
Hardwood Floor, Sunken Room, Fireplace
Main
Dining Room
21' × 12'11½"
W/O To Patio, Gas Fireplace, Hardwood Floor
Main
Kitchen
19'3" × 11'1"
Main
Family Room
19' × 13'1½"
W/O To Patio, Eat-in Kitchen, Centre Island
Main
Den
14'11" × 9'¼"
Hardwood Floor, Window, Separate Room
Second
Primary Bedroom
24'1" × 13'3½"
6 Pc Ensuite, Hardwood Floor, Gas Fireplace
Second
Bedroom 2
14'8" × 11'
Hardwood Floor, Window, Closet
Second
Bedroom 3
11'8" × 11'7"
Window, Hardwood Floor, Closet
Main
Bedroom 4
12'3" × 12'
Closet, Window, Hardwood Floor
Basement
Recreation
19'4" × 15'
Pot Lights, Closet
Basement
Kitchen
12'2" × 10'10"
Window, Ceramic Backsplash
Basement
Bedroom 5
11'7" × 11'4"
Closet, Window
Basement
Bedroom
15'11" × 10'11"
Window, Closet
Special Designation:
Unknown
Sewers:
Sewer
Air Conditioning:
Central Air
Central Vacuum:
No
Seller Property Info Statement:
No
Laundry Level:
Main Level
Date Listed:
Apr 03, 2026
Original Price:
Previous Price:
  • Photo 1: 4040 Lookout Court in Mississauga: Rathwood House for sale : MLS®# W12955636
    Photo 1 of 4
  • Photo 2: 4040 Lookout Court in Mississauga: Rathwood House for sale : MLS®# W12955636
    Photo 2 of 4
  • Photo 3: 4040 Lookout Court in Mississauga: Rathwood House for sale : MLS®# W12955636
    Photo 3 of 4
  • Photo 4: 4040 Lookout Court in Mississauga: Rathwood House for sale : MLS®# W12955636
    Photo 4 of 4
Listed by KINGSWAY REAL ESTATE
Data was last updated April 10, 2026 at 12:15 PM (UTC)
Area Statistics
Listings on market:
26
Avg list price:
$1,443,400
Min list price:
$998,000
Max list price:
$3,777,000
Avg days on market:
23
Min days on market:
2
Max days on market:
519
These statistics are generated based on the current listing's property type and located in Rathwood. Average values are derived using median calculations. This data is not produced by the MLS® system.
DARYL  KING
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Why Buy a Luxury Home in Mississauga

• Prestigious neighbourhoods like Lorne Park, Mineola, and Port Credit
• Custom-built properties with exceptional craftsmanship
• Proximity to top private schools, golf clubs, and marinas
• Easy access to Toronto, Pearson International Airport, and major highways
• High-end amenities and exceptional resale value

Features of Mississauga Luxury Homes for Sale

Most luxury homes in Mississauga include:

• Expansive layouts exceeding 4,000 sq ft with 4–7 bedrooms
• Gourmet kitchens with professional-grade appliances
• Designer interiors, smart home technology, and wine cellars
• Outdoor living spaces with pools, landscaped gardens, and terraces
• Multi-car garages and private gated entrances

Neighbourhood Highlights for Luxury Buyers

Mississauga’s luxury market spans several exclusive communities. Lorne Park is renowned for its estate homes and tree-lined streets. Mineola offers serene living with proximity to lakefront trails. Port Credit combines waterfront elegance with a vibrant urban lifestyle. With excellent schools, dining, and cultural attractions, Mississauga provides a refined environment for luxury homeowners.

Explore More GTA Homes:

Each link provides updated listings and expert insights.

FAQs – Luxury Homes for Sale Mississauga

1. What’s the price range for luxury homes in Mississauga?
Luxury homes typically start at $2M and can exceed $10M for waterfront estates and fully custom properties.

2. Are there new luxury builds available in Mississauga?
Yes. Many developers are creating modern, custom-built luxury homes with cutting-edge designs and finishes.

3. What features define a luxury home in this area?
High-end finishes, large lot sizes, custom architecture, premium materials, and luxury amenities like pools and home theatres.

4. Is Mississauga a good investment for luxury real estate?
Absolutely. With strong market demand and prestigious neighbourhoods, luxury properties in Mississauga offer excellent long-term value.