350 Rathburn Road W 1405, Mississauga

$499,000
350 Rathburn Road W 1405

$499,000

New
18d
Condo ApartmentApartment

350 Rathburn Road W 1405, Mississauga

Total Monthly Obligation $3,629

Bed+Den
3+1
Baths
2
Park
1
Sqft
1000-1199
DOM
18d
Score
17
Yield
7.0%
Cash on Cash
-6.1%
Cap Rate
3.3%
5Y IRR
10.8%
10Y IRR
10.8%
Property Type-Condo Apartment
MLS® Number-W13861786
Bed+Den-3+1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 5, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,853 (2025)
Maintenance-$1,178/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 GREEN REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

Client RemarksLocation, Location, Location! Welcome to this spacious 2-bedroom, 2-bathroom suite in the heart of Mississauga's City Centre! One of the largest units in the building, offering a generous layout, beautiful views, and huge windows that fill the home with natural light. This neat, clean and well-maintained, owner-occupied home features a spacious primary bedroom with a private ensuite and a functional layout perfect for comfortable living.Enjoy the convenience of all-inclusive living, with all utilities and internet included-nothing extra to pay for utilities or internet! An excellent opportunity for first-time buyers or investors looking for a spacious unit in an unbeatable location. Walk to Square One, GO Transit, MiWay, restaurants, movie theatre, library and Sheridan College. Easy access to major highways and approximately 20 minutes to Downtown Toronto. Enjoy outstanding building amenities including indoor pool, gym, sauna, squash court, tennis court, basketball court, party room and guest suites. The building also offers ample free visitor parking for your guests, adding extra convenience for family and friends. Excellent management and a well-maintained building offering a fantastic lifestyle. A rare opportunity to own one of the building's largest suites in a prime City Centre location-ideal for first-time buyers, families or investors.

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

Closing Costs

Mortgage Amount
$399,200
Land Transfer Taxes$6,455
Legal Fees (Est.)
$
Total cash required for closing$107,755

Total Monthly Obligation

$3,629/mo
Mortgage $2,013
Monthly Loss $3,099
Principal$530
Interest$1,483
Property Tax$238
Condo Fees$1,178
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.2%0
5-Year IRR
7.2%19
10-Year IRR
8.8%
Returns Index
10.8/ 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
$35,004/yr
NOI
$12,115/yr
Net Cash Flow
-$1,003/mo
Cash Margin
-34.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo43
Risk Index
22.0/ 100

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

Comparables

Properties near 350 Rathburn Road W 1405

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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Data last updated within the past 24 hours.