$835,000 - 1055 Southdown Road Unit 707, Mississauga
Condo for Sale in Mississauga
New — Listed 4 days ago- MLS Number
- W13235558
- Property Type
- Condo
- Status
- active
- Days on Site
- 4
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Mississauga
- Locker
- Owned
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- Royal Lepage Real Estate Associates, Larose Team
Rarely offered 1171 sq ft +132 sq ft balcony Birchwood suite at coveted Stonebrook Condominiums! This beautifully maintained and appointed 2+1 bedroom, 2 bathroom residence showcases a refined, functional layout designed for both everyday comfort and elegant living. 9' ceilings and floor to ceiling expansive windows frame picturesque ravine views over Sheridan Creek, creating a private, tranquil backdrop rarely found in condo living that gives you a sense of privacy and connection to nature. The thoughtfully designed oversized den provides a versatile space ideal for a home office, reading retreat or guest space, while the principal rooms offer seamless flow for entertaining or quiet evenings at home. The spacious kitchen includes stainless steel appliances complete with stove, refrigerator, dishwasher and built in microwave. Granite counters with tons of cabinet space and an extra storage pantry/laundry is thoughtfully designed around usability and style. Residents enjoy access to an array of premium amenities including an indoor pool, fitness centre, theatre room, party lounge, library, and concierge-style conveniences-all within a sought after well-managed, established community. 24 hour security/concierge gives you peace of mind. Perfectly positioned just steps from the Clarkson GO Station (20 minute ride to downtown!) and Clarkson Village shopping, dining, services and scenic waterfront and forest trails, this address offers a lifestyle defined by both connectivity and calm.
Estimate your monthly payments for this property
Estimated Payment
$4,283.98/mo
Includes CMHC insurance ($23,297)
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.
1055 Southdown Road Unit 707, 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 $835/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 $3,479 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.