349 Rathburn Road Unit 2205, Mississauga

Price: $564,900

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: New Construction

MLS#: W13533684

Imagine the Condo living at its best this is 22nd Floor corner unit with un obstructed views both side. beautiful open-concept layout drenched in natural light, seamless flow between living, dining, and kitchen spaces, The modern kitchen is designed to give the comfort of cooking and entertaining the guestat the same time. This unit includes one parking spot and a locker. Located steps from Square One Shopping Centre, transit hubs, dining, and entertainment, this home is ideal for professionals, first time home buyers, down-sizers, or investors seeking a turnkey property in a sought after location. Building amenities include fitness facilities, swimming pool, concierge/service desk, party/social rooms, and visitor parking.

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$564,900 - 349 Rathburn Road Unit 2205, Mississauga

New Construction for Sale in Mississauga

47 days on market

Neighbourhood: City Centre

2Beds
2Baths
700 - 1,099Sq Ft
New Construction
Property Details
MLS Number
W13533684
Property Type
New Construction
Status
active
Days on Site
47
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
North East
Balcony
Open
Listing Brokerage
ROYAL LEPAGE CERTIFIED REALTY
Description

Imagine the Condo living at its best this is 22nd Floor corner unit with un obstructed views both side. beautiful open-concept layout drenched in natural light, seamless flow between living, dining, and kitchen spaces, The modern kitchen is designed to give the comfort of cooking and entertaining the guestat the same time. This unit includes one parking spot and a locker. Located steps from Square One Shopping Centre, transit hubs, dining, and entertainment, this home is ideal for professionals, first time home buyers, down-sizers, or investors seeking a turnkey property in a sought after location. Building amenities include fitness facilities, swimming pool, concierge/service desk, party/social rooms, and visitor parking.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,898.23/mo

Includes CMHC insurance ($15,761)

$
$
5%10%50%

5-yr fixed avg.

Principal: $508,410Interest: $345,298
Mortgage Amount$524,171
Total Interest$345,298
Est. Property Tax$400/mo
Total Cost$869,469

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.

Ready to get pre-approved?

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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

349 Rathburn Road Unit 2205, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
4.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$400
Insurance (est.)-$118
Net Cash Flow+$1,882

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 $807/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 47 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.

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 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.

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 $2,354 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    349 Rathburn Road Unit 2205, Mississauga | $564,900 | Battaglia Team