349 RATHBURN Road Unit 217, Mississauga

Price: $580,000

2 bedrooms, 2 bathrooms

700 sq ft

Property Type: Condo

MLS#: W12427625

Gorgeous 2-bedroom, 2-bathroom condo in the vibrant heart of City Centre. Featuring laminate flooring throughout the living room and bedrooms, stainless steel appliances in the kitchen, and elegant granite countertops. Located on 2nd Floor. No Hustle for waiting in elevator for higher floor. Feels like living in a home. Ideally located within walking distance to Square One Mall, Sheridan College, Well reputed Schools with bus pick up and drop off at the building, Mississauga Transit Station, Cineplex, and just a five-minute drive to Erindale Go Station and Hwy 403. Enjoy unbeatable convenience

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$580,000 - 349 RATHBURN Road Unit 217, Mississauga

Condo for Sale in Mississauga

2Beds
2Baths
700Sq Ft
Condo
Property Details
MLS Number
W12427625
Property Type
Condo
Status
active
Days on Market
1
Bedrooms
2
Bathrooms
2
Square Feet
700 sqft
City
Mississauga
Description

Gorgeous 2-bedroom, 2-bathroom condo in the vibrant heart of City Centre. Featuring laminate flooring throughout the living room and bedrooms, stainless steel appliances in the kitchen, and elegant granite countertops. Located on 2nd Floor. No Hustle for waiting in elevator for higher floor. Feels like living in a home. Ideally located within walking distance to Square One Mall, Sheridan College, Well reputed Schools with bus pick up and drop off at the building, Mississauga Transit Station, Cineplex, and just a five-minute drive to Erindale Go Station and Hwy 403. Enjoy unbeatable convenience

Neighbourhood Guide: Mississauga

Discover Mississauga

Mississauga 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 Mississauga

  • 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

Mississauga 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

349 RATHBURN Road Unit 217, 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)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$411
Insurance (est.)-$121
Net Cash Flow+$1,213

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

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Fair Market Value

At $829/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

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.

Investment Perspective

Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,417 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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