3605 Kariya Drive Unit 907, Mississauga

Price: $409,888

3 bedrooms, 1 bathrooms

900 sqft

Property Type: Condo

MLS#: W13519634

Spacious 2-bedroom plus den, 1-bathroom suite in the sought-after condo known as The Towne. Offering approximately 900 sq. ft. of functional living space with large windows. Features a generous primary bedroom with walk-in closet and additional storage closet, a second bedroom, a well-appointed kitchen, and a versatile den ideal for a home office or additional living space. Includes 1 underground parking space and a large locker room. Maintenance fees include heat, hydro, water, central air conditioning, cable TV, high-speed internet, and building insurance. Residents enjoy access to exceptional amenities including an indoor pool, fitness centre, tennis courts, party room, guest suites, visitor parking, and 24-hour concierge/security. Conveniently located steps from Square One Shopping Centre, Sheridan College, Central Library, Living Arts Centre, Kariya Park, restaurants, community centre, movie theatre, transit, GO Bus Terminal, and major highways.

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$409,888 - 3605 Kariya Drive Unit 907, Mississauga

Condo for Sale in Mississauga

New — Listed 4 days ago

Neighbourhood: City Centre

3Beds
1Baths
900Sq Ft
Condo
Property Details
MLS Number
W13519634
Property Type
Condo
Status
active
Days on Site
4
Bedrooms
3
Bathrooms
1
Square Feet
900 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
North
Balcony
None
Listing Brokerage
ROYAL LEPAGE CITIZEN REALTY
Description

Spacious 2-bedroom plus den, 1-bathroom suite in the sought-after condo known as The Towne. Offering approximately 900 sq. ft. of functional living space with large windows. Features a generous primary bedroom with walk-in closet and additional storage closet, a second bedroom, a well-appointed kitchen, and a versatile den ideal for a home office or additional living space. Includes 1 underground parking space and a large locker room. Maintenance fees include heat, hydro, water, central air conditioning, cable TV, high-speed internet, and building insurance. Residents enjoy access to exceptional amenities including an indoor pool, fitness centre, tennis courts, party room, guest suites, visitor parking, and 24-hour concierge/security. Conveniently located steps from Square One Shopping Centre, Sheridan College, Central Library, Living Arts Centre, Kariya Park, restaurants, community centre, movie theatre, transit, GO Bus Terminal, and major highways.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,102.94/mo

Includes CMHC insurance ($11,436)

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5-yr fixed avg.

Principal: $368,899Interest: $250,546
Mortgage Amount$380,335
Total Interest$250,546
Est. Property Tax$290/mo
Total Cost$630,881

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 907, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
5.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$585
Property Tax (est.)-$290
Insurance (est.)-$85
Net Cash Flow+$1,720

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 $455/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 900 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.

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.

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    3605 Kariya Drive Unit 907, Mississauga | $409,888 | Battaglia Team