$1,299,000 - 1035 Southdown Road Unit 1402, Mississauga
Condo for Sale in Mississauga
108 days on market- MLS Number
- W12767944
- Property Type
- Condo
- Status
- active
- Days on Site
- 108
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Mississauga
- Locker
- Owned
- Exposure
- North East
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX PROFESSIONALS INC.
Welcome to Suite 1402 at the Stonebrook 2 Residence, a Brand New Large corner unit that delivers elevated living with every detail thoughtfully upgraded. This expansive 2 bedroom + den, 2 Full bathrooms spans 1,477 sqft indoor living in the sky, with an additional 224 sqft private wrap around terrace Totalling 1700sqr Ft of enjoyable living space , offering bright, north/east & south views of the city down to the water, and exceptional privacy. Step inside and you'll immediately feel the difference. The open layout offers both space and flow, perfect for entertaining or relaxing. Over $50,000 in custom upgrades elevate this home far beyond the standard. A custom built-in entertainment unit, kitchen pantry, & custom closets add organization & style, Over $10k spent on motorized smart blinds, smart LED pot lights, & designer fixtures create a warm & modern atmosphere throughout. The quartz countertops in both kitchen & bathrooms add a clean, polished look. You'll love the convenience of the upgraded laundry room's custom cabinetry, sink, & shelving. Need storage & parking? You're covered with a tandem 2-car underground spot with locker located in front of your parking spots on P1. While the EV charging rough-in makes it future-ready. But that's only the beginning. Residents of Stonebrook enjoy resort-style amenitities that rival luxury hotels! Enjoy an indoor pool & whirlpool, fitness center with yoga space, sauna, billards room, Stunning rooftop terrace with BBQs & a bar, guest suites when you have visitors. 24-hour security concierge so you are free to lock up & go travel without worrying about your home. Never loose a package again with a secure parcel room. There's also a workshop, games room, & bike storage, GO train directly across the street making a 30 min ride to Union Station! - every detail has been considered. Suite 1402 isn't just a home - it's a lifestyle that blends thoughtful luxury, everyday comfort, and unbeatable convenience.
Estimate your monthly payments for this property
Estimated Payment
$5,745.92/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Mississauga
Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Mississauga
- •Convenient location in Mississauga
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1035 Southdown Road Unit 1402, Mississauga
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $928/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 108 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Mississauga Market Insight
Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.
Investment Perspective
Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,413 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.