$490,000 - 1055 Southdown Road Unit 1503, Mississauga
Condo for Sale in Mississauga
48 days on marketNeighbourhood: Clarkson
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- MLS Number
- W13695116
- Property Type
- Condo
- Status
- active
- Days on Site
- 48
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Mississauga
- Taxes (2026)
- $3,215
- Maintenance Fees
- $656/mo
- Locker
- Owned
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE REALTY CENTRE
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.
Estimate your monthly payments for this property
Estimated Payment
$2,513.95/mo
Includes CMHC insurance ($13,671)
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.
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
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.
1055 Southdown Road Unit 1503, 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
Competitive Pricing
At $700/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.
Negotiation Opportunity
At 48 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. The $656/month fees should cover building insurance, common elements, and reserve contributions.
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.