1359 Rathburn Road Unit 209, Mississauga

Price: $405,000

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W13159186

Bright and spacious 1 bedroom plus den in a highly desirable East Mississauga location. Situated on the second floor for quick and convenient access, this beautifully maintained unit offers the perfect balance of comfort, functionality, and lifestyle. Featuring 9-foot ceilings, a modern 4-piece bath, and an open-concept living and dining area with walk-out to a private balcony, this home feels bright and inviting from the moment you walk in. The upgraded kitchen includes granite countertops and stainless steel appliances. Enjoy premium buildingamenities including concierge, security gate, gym, indoor pool, hot tub, party room, and billiards. Complete with parking and locker. Incredible location close to schools, shopping, parks, walking trails, Burnhamthorpe Community Centre, public transit, Dixie GO Station, and major highways including 401, 403, and 410. A fantastic opportunity for first-time buyers, downsizers, or investors looking for convenience and value in a prime location.

1359 Rathburn Road Unit 209 - Condo photo 1 of 10 in Mississauga, Ontario
1359 Rathburn Road Unit 209 - Condo photo 2 of 10 in Mississauga, Ontario
1359 Rathburn Road Unit 209 - Condo photo 3 of 10 in Mississauga, Ontario
1359 Rathburn Road Unit 209 - Condo photo 4 of 10 in Mississauga, Ontario
1359 Rathburn Road Unit 209 - Condo photo 5 of 10 in Mississauga, Ontario
1359 Rathburn Road Unit 209 - Condo photo 6 of 10 in Mississauga, Ontario
1359 Rathburn Road Unit 209 - Condo photo 7 of 10 in Mississauga, Ontario
1359 Rathburn Road Unit 209 - Condo photo 8 of 10 in Mississauga, Ontario
1359 Rathburn Road Unit 209 - Condo photo 9 of 10 in Mississauga, Ontario
1359 Rathburn Road Unit 209 - Condo photo 10 of 10 in Mississauga, Ontario
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$405,000 - 1359 Rathburn Road Unit 209, Mississauga

Condo for Sale in Mississauga

46 days on market

Neighbourhood: Rathwood

1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
W13159186
Property Type
Condo
Status
active
Days on Site
46
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
West
Balcony
Open
Listing Brokerage
RE/MAX EXPERTS
Description

Bright and spacious 1 bedroom plus den in a highly desirable East Mississauga location. Situated on the second floor for quick and convenient access, this beautifully maintained unit offers the perfect balance of comfort, functionality, and lifestyle. Featuring 9-foot ceilings, a modern 4-piece bath, and an open-concept living and dining area with walk-out to a private balcony, this home feels bright and inviting from the moment you walk in. The upgraded kitchen includes granite countertops and stainless steel appliances. Enjoy premium buildingamenities including concierge, security gate, gym, indoor pool, hot tub, party room, and billiards. Complete with parking and locker. Incredible location close to schools, shopping, parks, walking trails, Burnhamthorpe Community Centre, public transit, Dixie GO Station, and major highways including 401, 403, and 410. A fantastic opportunity for first-time buyers, downsizers, or investors looking for convenience and value in a prime location.

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Estimate your monthly payments for this property

Estimated Payment

$2,077.86/mo

Includes CMHC insurance ($11,300)

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5-yr fixed avg.

Principal: $364,500Interest: $247,558
Mortgage Amount$375,800
Total Interest$247,558
Est. Property Tax$287/mo
Total Cost$623,358

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: Rathwood

Family-Focused Community Living

Rathwood is a quiet, family-oriented neighbourhood in central Mississauga, known for its safe streets, good schools, and community amenities. The area offers a mix of townhomes and detached houses, many with mature landscaping and updates. Rathwood provides excellent value for families seeking a suburban lifestyle with urban convenience.

Why Live in Rathwood

  • Family-friendly atmosphere
  • Good schools and community programs
  • Affordable entry point for families
  • Quiet, safe residential streets
  • Close to major shopping centres

Nearby Schools

Lincoln Alexander Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Rathburn Public SchoolPublic Elementary
St. Bernadette Catholic SchoolCatholic Elementary

Transit & Commuting

  • Square One transit terminal nearby
  • MiWay bus routes
  • Highway 403 access
  • 15-minute drive to Toronto Pearson Airport

Parks & Amenities

  • Rathwood Community Park
  • Square One Shopping Centre (nearby)
  • Mississauga Central Library (nearby)
  • Local community centre
  • Multiple parks and playgrounds

Lifestyle & Community

Rathwood offers comfortable family living with excellent value. The neighbourhood is ideal for those seeking a safe, community-oriented environment near urban amenities.

55
Walk Score
$650K - $1.2M
Price Range

1359 Rathburn Road Unit 209, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$390
Property Tax (est.)-$287
Insurance (est.)-$84
Net Cash Flow+$1,039

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 $675/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 46 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 600 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 Rathwood

I know Rathwood 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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    1359 Rathburn Road Unit 209, Mississauga | $405,000 | Battaglia Team