1360 Rathburn Road Unit 208, Mississauga

Price: $490,000

2 bedrooms, 2 bathrooms

1,000 sq ft

Property Type: Condo

MLS#: W12519392

Welcome to this bright, spacious corner suite offering 1,115 sq. ft. of comfortable living space and a fantastic, functional layout.Amazing view of the greenery. Perfect for first-time buyers, downsizers, or investors/flippers - simply bring your vision and transform this into your dream home!Enjoy a sun-filled living and dining area, large windows with stunning views, and tons of potential throughout.Located in a well-managed building with great amenities and an unbeatable location - just steps to Rockwood Mall, public transit, schools, parks, and minutes to Square One, Sherway Gardens, Pearson Airport, major highways (QEW, 427, 401), Dixie GO Station, Trillium Hospital, and top restaurants.Includes 1 parking space and 1 locker.Condo fees cover all utilities: Heat, Hydro, Water, A/C, Xfinity TV, and 1 GB Internet - amazing value!Don't miss this opportunity to own a spacious home with incredible views and endless potential!

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$490,000 - 1360 Rathburn Road Unit 208, Mississauga

Condo for Sale in Mississauga

45 days on market
2Beds
2Baths
~1,000Sq Ft
Condo
Property Details
MLS Number
W12519392
Property Type
Condo
Status
active
Days on Site
45
Bedrooms
2
Bathrooms
2
Square Feet
~1,000 sqft
Neighbourhood
Mississauga
Locker
Exclusive
Exposure
South West
Balcony
None
Listing Brokerage
RIGHT AT HOME REALTY
Description

Welcome to this bright, spacious corner suite offering 1,115 sq. ft. of comfortable living space and a fantastic, functional layout.Amazing view of the greenery. Perfect for first-time buyers, downsizers, or investors/flippers - simply bring your vision and transform this into your dream home!Enjoy a sun-filled living and dining area, large windows with stunning views, and tons of potential throughout.Located in a well-managed building with great amenities and an unbeatable location - just steps to Rockwood Mall, public transit, schools, parks, and minutes to Square One, Sherway Gardens, Pearson Airport, major highways (QEW, 427, 401), Dixie GO Station, Trillium Hospital, and top restaurants.Includes 1 parking space and 1 locker.Condo fees cover all utilities: Heat, Hydro, Water, A/C, Xfinity TV, and 1 GB Internet - amazing value!Don't miss this opportunity to own a spacious home with incredible views and endless potential!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,513.95/mo

Includes CMHC insurance ($13,671)

$
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5-yr fixed avg.

Principal: $441,000Interest: $299,515
Mortgage Amount$454,671
Total Interest$299,515
Est. Property Tax$347/mo
Total Cost$754,186

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

1360 Rathburn Road Unit 208, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$347
Insurance (est.)-$102
Net Cash Flow+$1,261

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

Competitive Pricing

At $490/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 45 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

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.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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