1360 Rathburn Road E 406, Mississauga

$479,900
1360 Rathburn Road E 406

$479,900

New
30d
Condo Apartment1 Storey/Apt

1360 Rathburn Road E 406, Mississauga

Total Monthly Obligation $3,494

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
30d
Score
19
Yield
7.7%
Cash on Cash
-3.1%
Cap Rate
3.9%
5Y IRR
13.1%
10Y IRR
12.7%
Property Type-Condo Apartment
MLS® Number-W13817776
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 23, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-31-50
Taxes-$2,636 (2025)
Maintenance-$1,138.25/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE CREDIT VALLEY REAL ESTATE
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-30-60-90
Neighbourhood-Rathwood
Title-Residential Condo & Other

No agent assigned

Welcome to this beautifully updated and spacious 2-bedroom, 2-bathroom condo at The Compass. Located on the 4th floor and facing east, this bright suite features floor-to-ceiling windows with clear views overlooking the landscaped grounds and Rockwood Mall. The open-concept living and dining area offers an inviting space for both everyday living and entertaining. The updated kitchen features stainless steel appliances, granite countertops, backsplash, breakfast bar and porcelain tile flooring. The generous primary bedroom features a walk-in closet, 4-piece ensuite and walkout to the bright solarium. The second bedroom also opens to the solarium, creating a unique and versatile additional space. Filled with natural light, the solarium is ideal for a home office, reading nook, sitting area or peaceful retreat, adding flexibility and character to the home. A second bathroom with a glass-enclosed shower provides added convenience for family and guests. The suite also offers in-suite laundry with a stackable washer and dryer, along with exclusive-use parking and locker. Enjoy an impressive selection of building amenities, including an indoor pool and hot tub, sauna, gym, tennis court, party/meeting room and ample visitor parking. Ideally located just steps from transit and Rockwood Mall, with easy access to Pearson Airport, Square One, shopping, parks, schools and major highways. Bright, spacious and move-in ready, this well-maintained condo offers a wonderful combination of comfort, flexibility and convenience in a desirable Mississauga location.

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%
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$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$383,920
Land Transfer Taxes$6,073
Legal Fees (Est.)
$
Total cash required for closing$103,553

Total Monthly Obligation

$3,494/mo
Mortgage $1,936
Monthly Loss $2,984
Principal$509
Interest$1,426
Property Tax$220
Condo Fees$1,138
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.5%1
5-Year IRR
9.4%31
10-Year IRR
10.4%
Returns Index
16.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$36,828/yr
NOI
$14,450/yr
Net Cash Flow
-$732/mo
Cash Margin
-23.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.628
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo45
Risk Index
23.5/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1360 Rathburn Road E 406

Time

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