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Listed 2 months ago

1603 - 1360 Rathburn Road E

Rathwood, Mississauga

$409,000

Condo Apartment |
2 | 2 | 1 | 1
About this home

Spacious 1,115 sq. ft. corner unit in a well-managed luxury building, offering comfort, convenience, and excellent value. This bright suite features a functional layout filled with natural light, including a generous living and dining area and a versatile solarium - perfect as a home office, reading nook, or breakfast space. The unit offers two well-sized bedrooms and two full bathrooms, making it ideal for a variety of lifestyles. Large windows throughout provide expansive views and an airy feel. Enjoy all-inclusive living with heat, hydro, water, and cable TV included in the maintenance fee - adding even more value and peace of mind. Located in a prime Mississauga location, you're just steps to transit and a short drive to Pearson Airport. Close to shopping, parks, and major highways, this is a fantastic opportunity to live in a convenient and connected neighbourhood.

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Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$1,250
LockerExclusive
BalconyNone
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,791
mls© NumberW13423276
Listed ByRIGHT AT HOME REALTY
Cable TV Included
CAC Included
Common Elements Included
Heat Included
Hydro Included
Building Insurance Included
Parking Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,093
Property tax
$233
Heat allowance
$150
Condo fees, half counted
$625
Housing costs
$3,101 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $81,800
25-yr amortization

Income needed

$95,000

gross annual household income

Payment at 4%
$1,721 / mo
Cash down
$81,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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