339 Rathburn Road Unit 2507, Mississauga

Price: $469,000

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W13498914

Welcome to Mirage Condos, a modern and exceptionally maintained residence in the heart of Downtown Mississauga. This freshly painted and beautifully renovated 1+Den suite is move-in ready, featuring a bright open-concept layout with floor-to-ceiling windows, a spacious living and dining area, and a walk-out to a private west-facing balcony showcasing stunning city views from a HIGH FLOOR with clear, UNOBSTRUCTED VIEWS. The versatile den is perfect for a home office or guest room, while the generously sized primary bedroom offers comfort and abundant natural light. The unit also features a large, recently upgraded washer and dryer, along with 1 parking space and 1 locker. Residents enjoy an outstanding selection of resort-style amenities, including an indoor swimming pool, hot tub, sauna, fully equipped fitness centre, bowling alley, tennis court, billiards room, theatre, library, party room, meeting room, guest suite, and 24-hour concierge service. Ideally located just steps from Square One Shopping Centre, Sheridan College, Celebration Square, Living Arts Centre, YMCA, restaurants, parks, public transit, and major highways. Perfect for first-time buyers, professionals, downsizers, or investors seeking exceptional urban living in one of Mississauga's most desirable communities.

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New Listing
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$469,000 - 339 Rathburn Road Unit 2507, Mississauga

Condo for Sale in Mississauga

New — Listed 6 days ago

Neighbourhood: City Centre

2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
W13498914
Property Type
Condo
Status
active
Days on Site
6
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
CENTURY 21 MYPRO REALTY
Description

Welcome to Mirage Condos, a modern and exceptionally maintained residence in the heart of Downtown Mississauga. This freshly painted and beautifully renovated 1+Den suite is move-in ready, featuring a bright open-concept layout with floor-to-ceiling windows, a spacious living and dining area, and a walk-out to a private west-facing balcony showcasing stunning city views from a HIGH FLOOR with clear, UNOBSTRUCTED VIEWS. The versatile den is perfect for a home office or guest room, while the generously sized primary bedroom offers comfort and abundant natural light. The unit also features a large, recently upgraded washer and dryer, along with 1 parking space and 1 locker. Residents enjoy an outstanding selection of resort-style amenities, including an indoor swimming pool, hot tub, sauna, fully equipped fitness centre, bowling alley, tennis court, billiards room, theatre, library, party room, meeting room, guest suite, and 24-hour concierge service. Ideally located just steps from Square One Shopping Centre, Sheridan College, Celebration Square, Living Arts Centre, YMCA, restaurants, parks, public transit, and major highways. Perfect for first-time buyers, professionals, downsizers, or investors seeking exceptional urban living in one of Mississauga's most desirable communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,406.21/mo

Includes CMHC insurance ($13,085)

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5-yr fixed avg.

Principal: $422,100Interest: $286,679
Mortgage Amount$435,185
Total Interest$286,679
Est. Property Tax$332/mo
Total Cost$721,864

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: City Centre

Discover City Centre

City Centre 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 City Centre

  • Convenient location in Mississauga
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

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

City Centre 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.

70
Walk Score
Varies
Price Range

339 Rathburn Road Unit 2507, 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)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$332
Insurance (est.)-$98
Net Cash Flow+$1,380

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 $782/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 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 City Centre

I know City Centre 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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    339 Rathburn Road Unit 2507, Mississauga | $469,000 | Battaglia Team