1055 Southdown Road Unit 1501, Mississauga

Price: $575,000

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: W13783786

What if your morning commute, weekend coffee and evening unwind could all be just steps from home? Welcome to this beautifully appointed residence at the sought-after Stonebrook Condominiums, ideally located just moments from Clarkson GO. Inside, 9' ceilings, rich hardwood floors and floor-to-ceiling windows create an airy, sophisticated feel, while the open-concept layout offers plenty of space for both everyday living and entertaining. The modern kitchen features stainless steel appliances and a breakfast bar overlooking the spacious living and dining areas, with a private balcony.The primary bedroom is a relaxing retreat with generous closet space and a luxurious 4-piece ensuite featuring a soaker tub and separate shower. A versatile enclosed den with wood panel doors provides the perfect nursery, home office, reading room or guest space, while in-suite laundry adds everyday convenience. Recent mechanical updates include a new heat pump installed in 2024 and a new thermostat installed in 2023. Stonebrook offers an exceptional resort-style lifestyle with 24-hour concierge service, indoor pool, fitness centre, sauna, theatre, party room, guest suites, library, games/billiards room, BBQ area, car wash and pet spa, plus beautifully maintained common spaces. Maintenance fee also includes Bell internet and TV. Enjoy the best of Clarkson with Clarkson GO Station, restaurants, shopping, parks, Rattray Marsh and Lake Ontario all close by, with easy access to the QEW. A wonderful opportunity to enjoy a connected, amenity-rich lifestyle in one of Mississauga's most desirable communities.

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active

$575,000 - 1055 Southdown Road Unit 1501, Mississauga

Condo for Sale in Mississauga

Neighbourhood: Clarkson

2Beds
2Baths
800Sq Ft
Condo

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Property Details
MLS Number
W13783786
Property Type
Condo
Status
active
Days on Site
22
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Mississauga
Taxes (2026)
$3,797
Maintenance Fees
$759/mo
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
Signature Elite Realty Ltd.
Description

What if your morning commute, weekend coffee and evening unwind could all be just steps from home? Welcome to this beautifully appointed residence at the sought-after Stonebrook Condominiums, ideally located just moments from Clarkson GO. Inside, 9' ceilings, rich hardwood floors and floor-to-ceiling windows create an airy, sophisticated feel, while the open-concept layout offers plenty of space for both everyday living and entertaining. The modern kitchen features stainless steel appliances and a breakfast bar overlooking the spacious living and dining areas, with a private balcony.The primary bedroom is a relaxing retreat with generous closet space and a luxurious 4-piece ensuite featuring a soaker tub and separate shower. A versatile enclosed den with wood panel doors provides the perfect nursery, home office, reading room or guest space, while in-suite laundry adds everyday convenience. Recent mechanical updates include a new heat pump installed in 2024 and a new thermostat installed in 2023. Stonebrook offers an exceptional resort-style lifestyle with 24-hour concierge service, indoor pool, fitness centre, sauna, theatre, party room, guest suites, library, games/billiards room, BBQ area, car wash and pet spa, plus beautifully maintained common spaces. Maintenance fee also includes Bell internet and TV. Enjoy the best of Clarkson with Clarkson GO Station, restaurants, shopping, parks, Rattray Marsh and Lake Ontario all close by, with easy access to the QEW. A wonderful opportunity to enjoy a connected, amenity-rich lifestyle in one of Mississauga's most desirable communities.

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Estimated Payment

$2,950.05/mo

Includes CMHC insurance ($16,043)

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5-yr fixed avg.

Principal: $517,500Interest: $351,472
Mortgage Amount$533,543
Total Interest$351,472
Est. Property Tax$407/mo
Total Cost$885,014

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: Clarkson

Family Living with Village Charm

Clarkson is a well-established family neighbourhood in south Mississauga, known for its excellent schools, community spirit, and convenient location. The area features a mix of housing styles from post-war bungalows to modern family homes, all centered around the charming Clarkson Village core with its local shops and restaurants.

Why Live in Clarkson

  • •Excellent schools including Clarkson Secondary
  • •Charming village core with local businesses
  • •Family-friendly parks and recreation
  • •Clarkson GO Station for easy commuting
  • •Active community associations

Nearby Schools

Clarkson Secondary SchoolPublic High School
St. Therese of Lisieux CSSCatholic High School
Hillcrest Public SchoolPublic Elementary
St. Christopher Catholic SchoolCatholic Elementary

Transit & Commuting

  • •Clarkson GO Station - direct line to Union Station
  • •MiWay bus connections
  • •Easy access to QEW and Highway 403
  • •20-minute drive to Toronto Pearson Airport

Parks & Amenities

  • •Clarkson Community Centre
  • •Rattray Marsh Conservation Area
  • •Richard's Memorial Park
  • •Clarkson Village shops and restaurants
  • •Local library branch

Lifestyle & Community

Clarkson offers excellent value for families seeking good schools and a strong community. The neighbourhood provides suburban comfort with easy GO Train access for commuters.

58
Walk Score
$800K - $1.8M
Price Range

1055 Southdown Road Unit 1501, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$759
Property Tax (est.)-$407
Insurance (est.)-$120
Net Cash Flow+$914

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 $719/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 22 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. The $759/month fees should cover building insurance, common elements, and reserve contributions.

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.

About Clarkson

I know Clarkson well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    1055 Southdown Road Unit 1501, Mississauga | $575,000 | Battaglia Team