3515 Kariya Dr Drive Unit 1705, Mississauga

Price: $549,888

3 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: W13179348

Welcome to this spectacular corner suite offering breathtaking, unobstructed views of the Toronto skyline and Lake Ontario, a rare and coveted combination that transforms everyday living into an extraordinary experience. Bathed in natural light through soaring floor-to-ceiling windows and 9-foot ceilings, this thoughtfully designed residence spans approximately 942 sq. ft. of total living space, including a generous interior layout and a rare balcony that creates effortless indoor-outdoor living, perfect for morning coffee, evening sunsets, or stylish entertaining. The open-concept living and dining area flows seamlessly into a kitchen featuring modern cabinetry, granite countertops, a bright eat-in area, a window for added natural light, and direct walk-out access to the balcony, while beatifuul flooring and nice light fixtures throughout elevate the contemporary feel of every room. The versatile floor plan offers two generously sized bedrooms, two full bathrooms, and a den ideal for a dedicated home office or flex space, providing the kind of functional, spacious layout that is truly a rare find in today's condo market. Residents enjoy an exceptional suite of building amenities including a 24-hour concierge, indoor pool, fully equipped gym, theatre room, party room, games room, and BBQ area, all within walking distance to Square One Shopping Centre, the GO Station, Sheridan College, restaurants, movie theatres, and public transit, making this bright, move-in ready home with parking and locker an outstanding opportunity for professionals, families, and investors alike seeking stunning views, everyday convenience, and exceptional value in one of Mississauga's most connected communities.

3515 Kariya Dr Drive Unit 1705 - Condo photo 1 of 17 in Mississauga, Ontario
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$549,888 - 3515 Kariya Dr Drive Unit 1705, Mississauga

Condo for Sale in Mississauga

3Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
W13179348
Property Type
Condo
Status
active
Days on Site
15
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
South East
Balcony
Open
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC.
Description

Welcome to this spectacular corner suite offering breathtaking, unobstructed views of the Toronto skyline and Lake Ontario, a rare and coveted combination that transforms everyday living into an extraordinary experience. Bathed in natural light through soaring floor-to-ceiling windows and 9-foot ceilings, this thoughtfully designed residence spans approximately 942 sq. ft. of total living space, including a generous interior layout and a rare balcony that creates effortless indoor-outdoor living, perfect for morning coffee, evening sunsets, or stylish entertaining. The open-concept living and dining area flows seamlessly into a kitchen featuring modern cabinetry, granite countertops, a bright eat-in area, a window for added natural light, and direct walk-out access to the balcony, while beatifuul flooring and nice light fixtures throughout elevate the contemporary feel of every room. The versatile floor plan offers two generously sized bedrooms, two full bathrooms, and a den ideal for a dedicated home office or flex space, providing the kind of functional, spacious layout that is truly a rare find in today's condo market. Residents enjoy an exceptional suite of building amenities including a 24-hour concierge, indoor pool, fully equipped gym, theatre room, party room, games room, and BBQ area, all within walking distance to Square One Shopping Centre, the GO Station, Sheridan College, restaurants, movie theatres, and public transit, making this bright, move-in ready home with parking and locker an outstanding opportunity for professionals, families, and investors alike seeking stunning views, everyday convenience, and exceptional value in one of Mississauga's most connected communities.

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Estimated Payment

$2,821.21/mo

Includes CMHC insurance ($15,342)

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5-yr fixed avg.

Principal: $494,899Interest: $336,122
Mortgage Amount$510,241
Total Interest$336,122
Est. Property Tax$390/mo
Total Cost$846,363

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

3515 Kariya Dr Drive Unit 1705, 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)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$585
Property Tax (est.)-$390
Insurance (est.)-$115
Net Cash Flow+$1,590

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 $611/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 15 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.

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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    3515 Kariya Dr Drive Unit 1705… — $549,888 | Battaglia Team