$659,000 - 349 Rathburn Road Unit 515, Mississauga
New Construction for Sale in Mississauga
45 days on market- MLS Number
- W12652686
- Property Type
- New Construction
- Status
- active
- Days on Site
- 45
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- ~900 sqft
- Neighbourhood
- Mississauga
- Locker
- Owned
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- RIGHT AT HOME REALTY
***Further Price Reduction - Exceptional Value***Discover outstanding space, prime location, and unmatched convenience in this stylish corner-unit residence, now offered at an even more attractive price. This beautifully maintained condo features one of the largest layouts in the building, with 955 sq. ft. of interior living space plus a 59 sq. ft. private balcony. Located in one of Mississauga's most vibrant neighbourhoods, this bright 2-bedroom + den, 2-bathroom suite seamlessly blends modern design with everyday functionality. The open-concept layout highlights a sleek kitchen with stainless steel appliances, contemporary cabinetry, and a spacious island-ideal for cooking, working, or entertaining. Floor-to-ceiling windows flood the living and dining areas with natural light, while the balcony provides a peaceful place to unwind. The primary bedroom offers a walk-in closet and a 4-piece ensuite. Both bedrooms comfortably accommodate queen-size beds, making the layout ideal for families, guests, or roommates. The versatile den functions perfectly as a home office or additional storage. As a corner unit, enjoy enhanced privacy, larger windows, and a bright, airy atmosphere throughout. Residents benefit from excellent amenities, including a fitness centre, indoor pool, party room, and 24-hour concierge. Steps to Square One, Sheridan College, Celebration Square, dining, entertainment, and major transit, with quick access to Highways 403 and 401. Parking and locker included. Sellers are highly motivated and open to serious offers-an excellent opportunity to secure one of Mississauga's most desirable corner suites at a newly reduced price.
Estimate your monthly payments for this property
Estimated Payment
$3,381.01/mo
Includes CMHC insurance ($18,386)
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.
349 Rathburn Road Unit 515, 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 25+ years of GTA real estate experience
Competitive Pricing
At $732/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.
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.
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 $2,746 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.