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New5 hours ago

1603 - 1360 Rathburn Road E

Rathwood, Mississauga

$398,000

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

Space, Comfort & Convenience! Discover the possibilities of this bright and spacious 1,115 sq. ft. corner suite in The Compass, offering 2 bedrooms, 2 bathrooms, and a versatile solarium. Enjoy an abundance of natural light from expansive windows, along with generous living and dining areas that provide plenty of room for everyday living and entertaining. The functional layout includes a spacious primary bedroom with a walk-in closet and 4-piece ensuite, a well-sized second bedroom, and a sun-filled solarium that makes an ideal home office, reading retreat, or additional sitting area. Added conveniences include ensuite laundry, underground parking, and an exclusive-use storage locker. Enjoy the simplicity of maintenance fees that include heat, hydro, water, central air conditioning, and cable TV, helping make monthly household expenses more predictable. Residents also enjoy excellent recreational amenities, including an indoor pool, exercise room, sauna, and tennis court. Ideally situated near Rockwood Mall, public transit, parks, and everyday shopping, with convenient access to major highways, Square One, and Pearson International Airport. An excellent opportunity to enjoy generous living space and the convenience of condominium living in an established Mississauga neighbourhood!

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$1,317
LockerExclusive
BalconyNone
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,791
mls© NumberW14170086
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.

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$2,037
Property tax
$233
Heat allowance
$150
Condo fees, half counted
$659
Housing costs
$3,078 / mo

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

Down payment20% · $79,600
25-yr amortization

Income needed

$95,000

gross annual household income

Payment at 4%
$1,675 / mo
Cash down
$79,600

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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