3525 Kariya Drive Unit 812, Mississauga

Price: $399,000

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W14126526

Welcome to your well situated downtown Mississauga oasis! All your necessities, from shopping at SQ1 to the new LRT transit and SQ1 bus terminals, are in walking distance. The hwys are a short drive away. Take in the beautiful unobstructed city views with Lake Ontario on the horizon from the 8th floor! Unlike other buildings, the view will not change in the near future, as there are residential homes at your Southern side.Freshly painted hallways and new carpet await you in the common areas and new engineered hardwood is laid under your feet in the apartment. Floor-to-ceiling windows, 9' flat ceilings. Full kitchen w/ granite counters, S/S appliances, breakfast bar. Your own convenient insuite laundry and 1 owned underground parking and locker. The den is used as an office, but can be used as a dining space or baby room. Enjoy the building amenities: Pool, sauna, gym, media & games rooms, 24-hr security. And to top it all off you get maintenance fees that are lower than many other buildings, while almost all inclusive, with small hydro payments. Take advantage of the low condo price. Steps to Square One, transit, close Hwy 403/QEW.

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active
New Listing

$399,000 - 3525 Kariya Drive Unit 812, Mississauga

Condo for Sale in Mississauga

New — Listed today

Neighbourhood: Fairview

2Beds
1Baths
600Sq Ft
Condo

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Property Details
MLS Number
W14126526
Property Type
Condo
Status
active
Days on Site
0
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Mississauga
Taxes (2025)
$3,071
Maintenance Fees
$510/mo
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
RE/MAX SUCCESS REALTY
Description

Welcome to your well situated downtown Mississauga oasis! All your necessities, from shopping at SQ1 to the new LRT transit and SQ1 bus terminals, are in walking distance. The hwys are a short drive away. Take in the beautiful unobstructed city views with Lake Ontario on the horizon from the 8th floor! Unlike other buildings, the view will not change in the near future, as there are residential homes at your Southern side.Freshly painted hallways and new carpet await you in the common areas and new engineered hardwood is laid under your feet in the apartment. Floor-to-ceiling windows, 9' flat ceilings. Full kitchen w/ granite counters, S/S appliances, breakfast bar. Your own convenient insuite laundry and 1 owned underground parking and locker. The den is used as an office, but can be used as a dining space or baby room. Enjoy the building amenities: Pool, sauna, gym, media & games rooms, 24-hr security. And to top it all off you get maintenance fees that are lower than many other buildings, while almost all inclusive, with small hydro payments. Take advantage of the low condo price. Steps to Square One, transit, close Hwy 403/QEW.

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Estimated Payment

$2,047.08/mo

Includes CMHC insurance ($11,132)

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5-yr fixed avg.

Principal: $359,100Interest: $243,891
Mortgage Amount$370,232
Total Interest$243,891
Est. Property Tax$283/mo
Total Cost$614,123

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: Fairview

Discover Fairview

Fairview 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 Fairview

  • •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

Fairview 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

3525 Kariya Drive Unit 812, 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)
4.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$510
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$1,324

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 $665/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. The $510/month fees should cover building insurance, common elements, and reserve contributions.

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 Fairview

I know Fairview 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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    3525 Kariya Drive Unit 812, Mississauga | $399,000 | Battaglia Team