3605 Kariya Drive Unit 1404, Mississauga

Price: $459,888

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W13574602

Welcome to a rarely offered, sun-filled corner suite in the prestigious Towne-one of Mississauga's most sought-after addresses. This beautifully refreshed 2-bedroom + solarium, 2-bathroom residence offers an impressive Nearly 1400 Square Feet of Living Space. Practical Layout With No Space Waited. Spacious Bedrooms With Den Large Enough To Be Used As A 3rd Bedroom or Large Office. Gleaning Laminate Floors and Large Windows Allowing For Tons Of Natural Light! Amazing Amenities Such As; Indoor Pool, Theatres, Tennis Court, Squash Court, Billards, Treed Gardens, Party Room, Billard Room , Exercise Room and More! Fantastic Location; Steps From Square One Shopping Centre, Bus Stop, Go Station and New LRT Line. This Is A Must See!

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$459,888 - 3605 Kariya Drive Unit 1404, Mississauga

Condo for Sale in Mississauga

38 days on market

Neighbourhood: City Centre

3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W13574602
Property Type
Condo
Status
active
Days on Site
38
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
East
Balcony
None
Listing Brokerage
SUTTON GROUP - SUMMIT REALTY INC.
Description

Welcome to a rarely offered, sun-filled corner suite in the prestigious Towne-one of Mississauga's most sought-after addresses. This beautifully refreshed 2-bedroom + solarium, 2-bathroom residence offers an impressive Nearly 1400 Square Feet of Living Space. Practical Layout With No Space Waited. Spacious Bedrooms With Den Large Enough To Be Used As A 3rd Bedroom or Large Office. Gleaning Laminate Floors and Large Windows Allowing For Tons Of Natural Light! Amazing Amenities Such As; Indoor Pool, Theatres, Tennis Court, Squash Court, Billards, Treed Gardens, Party Room, Billard Room , Exercise Room and More! Fantastic Location; Steps From Square One Shopping Centre, Bus Stop, Go Station and New LRT Line. This Is A Must See!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,359.46/mo

Includes CMHC insurance ($12,831)

$
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5-yr fixed avg.

Principal: $413,899Interest: $281,109
Mortgage Amount$426,730
Total Interest$281,109
Est. Property Tax$326/mo
Total Cost$707,839

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

3605 Kariya Drive Unit 1404, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
4.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$326
Insurance (est.)-$96
Net Cash Flow+$1,718

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 $383/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.

Market Position

At 38 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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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    3605 Kariya Drive Unit 1404, Mississauga | $459,888 | Battaglia Team