1359 Rathburn Rd E 1506
Rathwood, Mississauga, L4W 5P7
FOR SALE
$519,999
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Property Description
LOCATION, LOCATION, LOCATION! Situated in the high-demand Rathwood area with quick access to Hwy's 403, 427, and 401, steps to shopping, transit, schools, and parks. This beautiful 625 sqft, 1 bed, 1 bath unit in the highly sought-after Capri building is perfect for first-time buyers, investors, and retirees. The unit is turn-key with 9-foot ceilings, a large living room, bedroom with a walk-in closet, and boasts a stunning and unobstructed south-facing view from a generous-sized balcony that has been upgraded with premium finishing. The building has several fantastic amenities that include an indoor saltwater pool, gym, games room, party room, gated entry, visitor parking, security cameras, and 24-hour concierge. This well-laid out 9-foot ceiling 1 bedroom is extremely well cared for and is ready to move in.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-03-01 | 2024-04-01 | 31 | $539,999 | - | Terminated |
| 2024-03-01 | 2024-04-01 | 31 | $539,999 | - | Terminated |
| 2020-06-07 | 2020-06-17 | 10 | $1,975 | $1,900 | Leased |
| 2020-06-07 | 2020-06-07 | 0 | $1,975 | - | Terminated |
| 2020-03-19 | 2020-06-08 | 81 | $2,150 | - | Terminated |
| 2019-04-22 | 2019-05-03 | 11 | $2,150 | $2,150 | Leased |
Nearby Intersections
Dixie & Rathburn (22)
Property Features
Library, Park, Place Of Worship, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,045 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned (P2)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Flat | 10.70' x 7.41' | , Open Concept, Laminate |
| Living | Flat | 13.25' x 10.14' | Combined W/Dining, Laminate, W/O To Balcony |
| Dining | Flat | 6.50' x 10.76' | Laminate, Combined W/Living, Breakfast Bar |
| Br | Flat | 18.27' x 10.01' | W/I Closet, Large Window |
| Bathroom | Flat | 8.27' x 5.22' | Tile Floor |
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Mississauga Market Statistics
Mississauga Price Trend
1359 Rathburn Rd E 1506 is a 1-bedroom 1-bathroom condo listed for sale at $519,999, which is $25,302 (4.6%) lower than the average sold price of $545,301 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 1 bedroom condo in Mississauga declined by $20,339 (3.6%) compared to the previous 30 day period (February 29 - March 29) and down $35,432 (6.1%) from the same time one year ago.Inventory Change
There were 140 1-bedroom condos listed in Mississauga over the last 30 days (March 30 - April 28), which is up 18.6% compared with the previous 30 day period (February 29 - March 29) and up 22.8% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Mississauga typically sold ($8,616) (1.6%) below asking price over the last 30 days (March 30 - April 28), which represents a $5,129 decrease compared to the previous 30 day period (February 29 - March 29) and ($4,776) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Mississauga over the last 30 days (March 30 - April 28) stood at 50.0%, down from 54.2% over the previous 30 days (February 29 - March 29) and down from 59.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Mississauga stood at 30 days when successfully sold over the last 30 days (March 30 - April 28), compared to 37 days before being removed from the market upon being suspended or terminated.Listing contracted with Streetcity Realty Inc.
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