350 Rathburn Road W 808, Mississauga

$550,000
350 Rathburn Road W 808

$550,000

New
21d
Condo ApartmentApartment

350 Rathburn Road W 808, Mississauga

Total Monthly Obligation $3,962

Bed+Den
3+1
Baths
2
Park
2
Sqft
1200-1399
DOM
21d
Score
17
Yield
6.9%
Cash on Cash
-6.2%
Cap Rate
3.3%
5Y IRR
10.7%
10Y IRR
10.8%
Property Type-Condo Apartment
MLS® Number-W13856516
Bed+Den-3+1
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 2, 2026
Style-Apartment
Building Type-Condo Apartment
Age-31-50
Taxes-$3,187.55 (2026)
Maintenance-$1,278.02/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE REAL ESTATE ASSOCIATES
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Stucco (Plaster)
Possession-FLEXIBLE
Neighbourhood-Creditview
Title-Residential Condo & Other

No agent assigned

Welcome to this spacious 2+1 bedroom, 2 bathroom corner suite at 350 Rathburn Road West, where pride of ownership is evident throughout. Lovingly enjoyed by the original owners since the building was constructed, this approximately 1,275 sq. ft. home offers an abundance of space, natural light and a desirable northeast-facing outlook. Large windows wrap the corner of the suite, filling the principal living spaces with sunshine and offering lovely views throughout the day. The generous floor plan provides plenty of room to live, entertain and work from home, with a versatile den that can easily serve as a home office, guest space or additional living area. In-suite laundry adds everyday convenience, while two side-by-side parking spaces located close to the elevator are an exceptional bonus. Residents enjoy an impressive array of amenities, including outdoor tennis courts, indoor pool and hot tub, sauna, fitness centre, squash and basketball courts, billiards room and party room. The building also features concierge/security services, plenty of surface visitor parking and underground resident-owned parking. Ideally located just minutes from Square One, with easy access to major highways, hospitals, schools, churches, shopping, dining and everyday conveniences, this is a wonderful opportunity to own a generously sized corner suite in a well-established community.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$440,000
Land Transfer Taxes$7,475
Legal Fees (Est.)
$
Total cash required for closing$118,975

Total Monthly Obligation

$3,962/mo
Mortgage $2,219
Monthly Loss $3,378
Principal$584
Interest$1,635
Property Tax$266
Condo Fees$1,278
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.2%1
5-Year IRR
7.3%19
10-Year IRR
8.8%
Returns Index
10.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$38,160/yr
NOI
$13,420/yr
Net Cash Flow
-$1,100/mo
Cash Margin
-34.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo39
Risk Index
20.6/ 100

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

Comparables

Properties near 350 Rathburn Road W 808

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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