$699,900 - 1035 Southdown Road Unit 1903, Mississauga
Condo for Sale in Mississauga
64 days on market- MLS Number
- W13080416
- Property Type
- Condo
- Status
- active
- Days on Site
- 64
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 800 sqft
- Neighbourhood
- Mississauga
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- SUTTON GROUP QUANTUM REALTY INC.
Spectacular EAST FACING PENTHOUSE suite offering clear views of the Toronto skyline and Lake Ontario. Tastefully appointed and upgraded throughout this 1+1 Bedroom suite with remarkable floor to ceiling windows and an oversized covered glass balcony stretching the entire width of the condo unit has all the upgrades expected in a PENTHOUSE including PREMIUM P1 underground parking near the elevator entrance. This PENTHOUSE is designed to maximize living space with 727 sq ft + a 109 sq ft balcony creating a total of 836 sq ft of living area. Open concept living, spacious kitchen island and seating to enjoy the views. The bedroom features 2 closets, one with sliding mirror doors and entrance to semi ensuite 4 pc bath with a separate shower and luxurious soaker tub. S2 is built with state of the art features including smart technology inside and outside, online delivery parcel Storage room, indoor pool, a fitness retreat complete with showers, lockers and sauna, multipurpose room, pet spa, guest suites and 24 hour concierge. The landmark rooftop patio /lounge will offer spectacular city and lake views, a comfortable Sky club dining and lounge, outdoor terrace with patio seating and BBQs. S2 is located at the corner of Lakeshore Rd and Southdown Rd making it the perfect location live in Clarkson Village to enjoy all that the neighbourhood has to offer, lakeside parks and waterfront trails along Lake Ontario the renowned Rattray Marsh Conservation area. Walking distance to all your grocery shops, restaurants, banking and shopping needs, not to mention directly across the street from the Clarkson GO station offering quick commute to and from the city! Easy access to QEW, 403 to 401 and 407, 20 mins from the airport, hospitals, golf courses and ORC. Perfectly situated along the Lakeshore corridor between Oakville and Port Credit,offering endless options for dining & entertainment.
Estimate your monthly payments for this property
Estimated Payment
$3,590.85/mo
Includes CMHC insurance ($19,527)
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.
1035 Southdown Road Unit 1903, 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 30+ years of GTA real estate experience
Fair Market Value
At $875/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.
Negotiation Opportunity
At 64 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 800 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.
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 $2,916 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.