2108-3525 Kariya Drive, Mississauga, ON
Fairview, Mississauga · MLS® W12645390
About this home
In short
- 9 ft floor-to-ceiling windows in a well-maintained luxury building (2010).
- Open-concept layout featuring a modern kitchen with granite countertops, island, and backsplash.
- Spacious primary bedroom with walk-in closet and 4-pc ensuite.
- Building renovated approximately 4 months ago with excellent amenities.
- Buyer to receive on closing: $2,000 credit toward new flooring ( Master Bedroom), $5,000 credit toward appliances, $2,000 credit toward painting, allowing buyer to...
9 ft floor-to-ceiling windows in a well-maintained luxury building (2010). Open-concept layout featuring a modern kitchen with granite countertops, island, and backsplash. Spacious primary bedroom with walk-in closet and 4-pc ensuite. Very good-sized second bedroom. Low maintenance fees compared to similar units. Building renovated approximately 4 months ago with excellent amenities. Prime location walking distance to Square One, Mississauga City Centre, shopping, transit, Elm Public School, and steps to the new LRT line. Buyer to receive on closing: $2,000 credit toward new flooring ( Master Bedroom), $5,000 credit toward appliances, $2,000 credit toward painting, allowing buyer to renovate and customize to their own taste.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- W12645390
- Bedrooms
- 2+1 (3 total)
- Bathrooms
- 2
- Size
- 800-899 sq ft
- Cross streets
- Hurontario & Kariya Dr
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Metal/Steel Siding
- Maintenance
- $659/mo
- Exposure
- North
- Property tax
- $3,360 / 2025
- Days on market
- 274
- Listing brokerage
- KAPSONS REALTY POINT
Listed at $650,000. Going by how homes in Fairview and the wider GTA have actually closed against their asking prices (about 98%, 9 local closings in 90 days), the likely sale price is near $635K, if it sells. A realistic range is $598K to $687K.
Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.
Longer on the market than typical. 274 days on the market against about 59 for homes like it here, and asking 25% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $635K, from 9 recent closings in this pocket.
The market behind the math:
About 6.3 months of inventory: 19 condo apartment homes for sale in the area against 9 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $765/sqft against an area asking average of $708/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.
It never sees the asking price. The 9 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $535K. Condition and finishes remain an in-person call.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
Based on 5 homes sold in this building over the past two years, from 139 closings in Fairview.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $668/sqft; this home lists at $765/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
Fairview, Mississauga, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Mississauga.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.
Mortgage amount $520,000 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,846
- Property tax
- $280
- Condo / maintenance fees
- $659
- Heating
- $0
- Estimated monthly cost
- $3,785
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $9,475
- Estimated closing costs
- $9,475
Plus your down payment of $130,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $170,781
- Principal paid down
- $64,294
- Interest paid
- $106,487
- Balance remaining
- $455,706
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 28 whole-home leases in Fairview signed at a median of $2,510 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,860. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KAPSONS REALTY POINT. MLS®/PropTx.