1055 Southdown Road Unit 1503, Mississauga

Price: $509,000

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: W13695116

Beautifully Updated 1-Bedroom + Den Suite Offering 735 Sq. Ft. Plus A 112 Sq. Ft. Private Balcony In The Sought-After Stonebrook Condominiums, Just Steps To Clarkson GO Station. This Move-In-Ready Home Features 9-Ft Ceilings, Hardwood Floors, Floor-To-Ceiling Windows, And An Open-Concept Kitchen With Breakfast Bar Overlooking The Spacious Living And Dining Areas. Relax On The Private Balcony With Peaceful Views Of Green Space And The Creek. The Primary Bedroom Offers Double Closets And A 4-Piece Ensuite With A Soaker Tub And Separate Shower, While The Enclosed Den With Glass Doors Is Ideal For A Home Office Or Guest Space. Freshly Painted In Modern Neutral Tones. Enjoy Resort-Style Amenities Including A 24-Hour Concierge, Indoor Pool, Fitness Centre, Sauna, Theatre, Party Room, Guest Suite, Pet Spa, Car Wash, And More.

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New Listing
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$509,000 - 1055 Southdown Road Unit 1503, Mississauga

Condo for Sale in Mississauga

New — Listed 3 days ago

Neighbourhood: Clarkson

2Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
W13695116
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
North West
Balcony
Open
Listing Brokerage
ROYAL LEPAGE REALTY CENTRE
Description

Beautifully Updated 1-Bedroom + Den Suite Offering 735 Sq. Ft. Plus A 112 Sq. Ft. Private Balcony In The Sought-After Stonebrook Condominiums, Just Steps To Clarkson GO Station. This Move-In-Ready Home Features 9-Ft Ceilings, Hardwood Floors, Floor-To-Ceiling Windows, And An Open-Concept Kitchen With Breakfast Bar Overlooking The Spacious Living And Dining Areas. Relax On The Private Balcony With Peaceful Views Of Green Space And The Creek. The Primary Bedroom Offers Double Closets And A 4-Piece Ensuite With A Soaker Tub And Separate Shower, While The Enclosed Den With Glass Doors Is Ideal For A Home Office Or Guest Space. Freshly Painted In Modern Neutral Tones. Enjoy Resort-Style Amenities Including A 24-Hour Concierge, Indoor Pool, Fitness Centre, Sauna, Theatre, Party Room, Guest Suite, Pet Spa, Car Wash, And More.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,611.43/mo

Includes CMHC insurance ($14,201)

$
$
5%10%50%

5-yr fixed avg.

Principal: $458,100Interest: $311,129
Mortgage Amount$472,301
Total Interest$311,129
Est. Property Tax$361/mo
Total Cost$783,430

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 1503, 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)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$361
Insurance (est.)-$106
Net Cash Flow+$1,278

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 $727/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.

Efficient Living

At 700 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 1503, Mississauga | $509,000 | Battaglia Team