1359 Rathburn Road Unit 705, Mississauga

Price: $729,000

3 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: W12955760

Experience the pinnacle of sophisticated urban living in this fully renovated, ultra-modern 2-bedroom plus den suite at the prestigious Capri Condos. Perfectly situated in a desirable East Mississauga location bordering Toronto, this home is a commuter's dream with quick highway access and minutes to the GO Station and public transit. This breathtaking residence has been transformed from top to bottom with high-end finishes and no carpets throughout, featuring gleaming laminate floors that flow seamlessly through the open-concept living and dining area. The heart of the home is a brand-new, custom-designed kitchen boasting premium quartz counters, soft close cabinets, stainless steel appliances, and a matching custom, moveable island/breakfast bar. Bathed in natural light, the unit offers a clear, unobstructed panoramic south-east view that can be enjoyed from the large windows or your private walk-out balcony. Beyond the suite, enjoy the outdoors with many parks and the Applewood Hills Greenbelt trails within walking distance, plus a community centre and library nearby. This rare find includes two dedicated parking spots and a locker, with access to world-class amenities like an indoor pool, hot tub, gym, and sauna. You are steps from Rockwood Mall and just minutes from Square One, Dixie GO, and major highways.

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New Listing
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$729,000 - 1359 Rathburn Road Unit 705, Mississauga

Condo for Sale in Mississauga

New — Listed yesterday
3Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
W12955760
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Mississauga
Locker
Exclusive
Exposure
South East
Balcony
Open
Listing Brokerage
CENTURY 21 ASSOCIATES INC.
Description

Experience the pinnacle of sophisticated urban living in this fully renovated, ultra-modern 2-bedroom plus den suite at the prestigious Capri Condos. Perfectly situated in a desirable East Mississauga location bordering Toronto, this home is a commuter's dream with quick highway access and minutes to the GO Station and public transit. This breathtaking residence has been transformed from top to bottom with high-end finishes and no carpets throughout, featuring gleaming laminate floors that flow seamlessly through the open-concept living and dining area. The heart of the home is a brand-new, custom-designed kitchen boasting premium quartz counters, soft close cabinets, stainless steel appliances, and a matching custom, moveable island/breakfast bar. Bathed in natural light, the unit offers a clear, unobstructed panoramic south-east view that can be enjoyed from the large windows or your private walk-out balcony. Beyond the suite, enjoy the outdoors with many parks and the Applewood Hills Greenbelt trails within walking distance, plus a community centre and library nearby. This rare find includes two dedicated parking spots and a locker, with access to world-class amenities like an indoor pool, hot tub, gym, and sauna. You are steps from Rockwood Mall and just minutes from Square One, Dixie GO, and major highways.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,740.15/mo

Includes CMHC insurance ($20,339)

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5-yr fixed avg.

Principal: $656,100Interest: $445,605
Mortgage Amount$676,439
Total Interest$445,605
Est. Property Tax$516/mo
Total Cost$1,122,044

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.

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Neighbourhood Guide: Mississauga

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

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

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.

70
Walk Score
Varies
Price Range

1359 Rathburn Road Unit 705, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$585
Property Tax (est.)-$516
Insurance (est.)-$152
Net Cash Flow+$1,427

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 Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Fair Market Value

At $810/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.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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