Homula Realty Brokerage
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1360 Rathburn Road E 1603, Mississauga, ON L4W 4H4

2 beds · 2 baths · 1 kitchen · 5+1 rooms · 1 parking space · 1000-1199 sq ft · Locker · Laundry in unit · Condo Apartment
$409,000

Utilities includedCable TV · Central Air Conditioning · Heat · Hydro · Water

Also includedCommon Elements · Building Insurance · Parking

Maintenance fee
$1,250 / month
Property tax
$2,791 / year
Included in the fee
Cable TV, CAC, Common Elements, Heat, Hydro, Building Insurance, Parking, Water

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.

MLS number
W13423276
Type
Condo Apartment
Status
Active
Bedrooms
2
Bathrooms
2
Postal code
L4W 4H4
Photos
31
Locker
Yes — Exclusive
Laundry
Ensuite
Included in the fee
Cable TV, CAC, Common Elements, Heat, Hydro, Building Insurance, Parking, Water
95days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 3 times.

Sale history is for registered usersSee what this address sold for and when, across all 3 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Matched to this street. The listing did not say which direction, and every candidate was in the same place.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
St Basil School
Dufferin-Peel CDSB
Elementary467 m7.7 / 10
77% met the standard
Maple Ridge AcademySecondary990 mNot reported
Glenhaven Senior Public School
Peel DSB
Elementary872 m6.9 / 10
69% met the standard · 3 of 6 measures
St Sofia School
Dufferin-Peel CDSB
Elementary992 m7.9 / 10
79% met the standard
Sts Martha & Mary Separate School
Dufferin-Peel CDSB
Elementary1.3 km7.9 / 10
79% met the standard
Burnhamthorpe Public School
Peel DSB
Elementary1.2 km7.4 / 10
74% met the standard · 3 of 6 measures
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

The market around this home

Condo Apartments in Mississauga2,675 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$406k$483k$559k20252026this home’s asking price
$488klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
96%98%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d16d32d20252026
32dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among condo apartments in mississauga. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 679 people.

$59,200Median household income
52.3%Own their home
6.2%Detached houses
47.2Median age
54%Born outside Canada
25%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35211415 — the few blocks around this address, home to 679 people. It describes the area, not this property.

679Population
45Average age
2.1Household size
$77,200Average household income
$59,200Median household income
52%Own their home
48%Rent
52%Condominiums
54%Born outside Canada
25%University degree
$496,000Average home value
20%Low income
89%Not in the labour force
36%Never married
$10,000 to $14,9993%
$15,000 to $19,9991%
$20,000 to $24,9995%
$25,000 to $29,9996%
$30,000 to $34,9996%
$35,000 to $39,9993%
$40,000 to $44,9995%
$45,000 to $49,9995%
$50,000 to $59,9996%
$60,000 to $69,9998%
$70,000 to $79,9996%
$80,000 to $89,9995%
$90,000 to $99,9994%
$100,000 and over19%
$100,000 to $124,9998%
$125,000 to $149,9994%
$150,000 to $199,9995%
$200,000 and over1%

Percentages are of the 395 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$81,800 · minimum here is $20,450
$1,810.96per month
Borrowed before insurance$327,200
Total borrowed$327,200
Interest over 25 years at 4.5%$216,089

If you rented it out

-$3,293.55per month out of pocket
Rent$0.00
Everything it costs to hold$3,293.55
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RIGHT AT HOME REALTY. Listing data provided by the Toronto Regional Real Estate Board.