1360 Rathburn Road Unit 403, Mississauga

Price: $435,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W13162512

Welcome to this bright and spacious corner-unit condo in the heart of Mississauga, offering 2 bedrooms, 2 bathrooms, and approximately 1,115 sq ft of comfortable living space. With additional windows and an abundance of natural light throughout, this well-designed suite feels open, airy, and inviting perfect for first-time buyers, downsizers, or investors alike. Generous principal rooms and a functional layout provide plenty of space to relax, entertain, and make the home your own. Offering incredible potential, this is a fantastic opportunity for buyers looking to renovate and customize the space to match their own style and vision.Residents enjoy an impressive list of amenities including an indoor pool, hot tub, gym, tennis court, and party room. Maintenance fees conveniently include Cable TV, Internet, Heat, Hydro, Water, Air Conditioning, Parking, Common Elements, and Building Insurance making monthly budgeting simple and cost-effective with fewer additional expenses to manage.Ideally situated close to Highways 401, 403, 410, and 427, as well as Toronto Pearson International Airport, this location is a commuter's dream. Enjoy easy access to shopping, restaurants, parks, community centres, public transit, and everyday amenities within a well-established Mississauga neighbourhood. A fantastic opportunity to own a bright and spacious corner unit in a prime location with endless potential to make it truly your own. *Listing Contains Virtually Staged Photos*

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New Listing
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$435,000 - 1360 Rathburn Road Unit 403, Mississauga

Condo for Sale in Mississauga

New — Listed 2 days ago
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W13162512
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
North West
Balcony
None
Listing Brokerage
REVEL REALTY INC.
Description

Welcome to this bright and spacious corner-unit condo in the heart of Mississauga, offering 2 bedrooms, 2 bathrooms, and approximately 1,115 sq ft of comfortable living space. With additional windows and an abundance of natural light throughout, this well-designed suite feels open, airy, and inviting perfect for first-time buyers, downsizers, or investors alike. Generous principal rooms and a functional layout provide plenty of space to relax, entertain, and make the home your own. Offering incredible potential, this is a fantastic opportunity for buyers looking to renovate and customize the space to match their own style and vision.Residents enjoy an impressive list of amenities including an indoor pool, hot tub, gym, tennis court, and party room. Maintenance fees conveniently include Cable TV, Internet, Heat, Hydro, Water, Air Conditioning, Parking, Common Elements, and Building Insurance making monthly budgeting simple and cost-effective with fewer additional expenses to manage.Ideally situated close to Highways 401, 403, 410, and 427, as well as Toronto Pearson International Airport, this location is a commuter's dream. Enjoy easy access to shopping, restaurants, parks, community centres, public transit, and everyday amenities within a well-established Mississauga neighbourhood. A fantastic opportunity to own a bright and spacious corner unit in a prime location with endless potential to make it truly your own. *Listing Contains Virtually Staged Photos*

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Estimated Payment

$2,231.78/mo

Includes CMHC insurance ($12,137)

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5-yr fixed avg.

Principal: $391,500Interest: $265,896
Mortgage Amount$403,637
Total Interest$265,896
Est. Property Tax$308/mo
Total Cost$669,533

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 403, 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)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$308
Insurance (est.)-$91
Net Cash Flow+$1,311

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, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $435/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.

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.

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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