$455K · 2 bed Condo Apartment · Rathwood, Mississauga

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Unit 1204

355 Rathburn Road · Mississauga · Ontario L4Z 1H4

MLS® W13227158 · Rathwood · L4Z 1H4

22Vacant1000-1199 ft²Condo Apartment1-car Underground28d$414/ft²$2,149 tax/yrBuilt 198541 yrs old

11% below market · regional est. · 28 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Must Sell! Spacious Renovated 2 Bedroom, 2 Bathroom Unit Offering Approximately 1,040 Sq Ft(MPAC) With Beautiful City Views In A Well Maintained Building In Central Mississauga. Functional Open Concept Layout With Large Living And Dining Area, Spacious Primary Bedroom With Walk-In Closet, And Large Laundry/Storage Room. Excellent Location Close To Square One, Transit, Shopping, Schools, And Major Highways Including 403, 401, And QEW. Property Being Sold Under Power Of Sale.

Property details

MLS#

W13227158

Status

Buy Now

Beds

Baths

2 full, 0 half

Size

1000-1199

Style

Apartment

Type

Condo Apartment

Year built

—

Condo corp #: 272
Balcony: Open
Locker: None
Fees include: Heat Included, Water Included, Hydro Included, CAC Included, Common Elements Included, Building Insurance Included, Parking Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Heat Pump
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete
Fronting on: —
Cross street: Rathburn / Central
Basement: None
Stories: 12
Utilities: —
Laundry: In-Suite Laundry
Interior: None
Parking features: —

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $454,900✓ $2,149 tax✓ Gas✓ 1000-1199 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,739/mo

incl. closing costs (yr 1)

Annual total

$56,864

year 1

Mortgage only

$1,726/mo

principal + interest

Beyond mortgage

$2,090/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$90,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$179/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,100 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$4,549/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$92/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$5,573

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)36% $20,709/yr

Property taxes14% $7,722/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance8% $4,549/yr

Condo fees23% $13,224/yr

Closing costs9% $5,100/yr

Mortgage is 36% of your true cost of ownership. The other 64% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$20,709	$1,726/mo
Government & taxes
Property tax	$2,149	$179/mo
Land transfer tax(closing)	$5,573	$464/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$4,549	$379/mo
Condo fees
Condo / HOA fees	$13,224	$1,102/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$56,864	$4,739/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 1204

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs