304a-3605 Kariya Drive, Mississauga, ON

City Centre, Mississauga · MLS® W13570522

$365,000
For Sale
Listed 2 days ago
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1Bedrooms
1Bathrooms
1Garage
500-599Sq Ft

About this home

Nestled in the vibrant heart of Mississauga, this delightful one-bedroom, one-bathroom unit offers the perfect blend of comfort and convenience. Just a short stroll from Square One Shopping Centre and all major amenities, you'll have everything you need right at your doorstep including a full suite of lifestyle amenities for residents to enjoy. Step inside to find a bright and welcoming living space, bathed in natural light from a large window that offers a beautiful view. The spacious kitchen overlooks the living room, creating an open and airy feel that's perfect for entertaining or relaxing.This well-maintained unit is ideal for first-time homebuyers, down sizers, or investors looking for a prime location. Gas, hydro, cable and internet included in maintenance fees. Don't miss your chance to own this gem in one of Mississaugas most sought-after neighbourhoods!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13570522
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
Hurontario St & Burnhamthorpe Rd W
Parking
1 garage (none)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Brick
Maintenance
$778/mo
Exposure
North
Property tax
$2,045 / 2026
Days on market
2
Listing brokerage
RE/MAX REALTY SPECIALISTS INC.

Rooms

KitchenMain3.13 × 2.10 m
Primary Bedroom2.68 × 4.26 m
Living RoomMain3.16 × 4.90 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$379Kest. value

Listed at $365,000, this home is about 4% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $296K, a bit lower.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $425K
  • Adjusts to $425K

That comparable adjusts to $425K; the $379K estimate above is the median of all 9 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$365KGreat deal$395KOverpriced

Total price vs nearby homes. Fair value about $379K, median of 9 comparables.

Comparable listingsCurrently listed nearby in City Centre · asking prices
$400kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

908-223 Webb Drive$370k1301-90 Absolute Avenue$389k311-4070 Confederation Parkway$395k2507-4065 Confederation Parkway$419k3905-430 Square One Drive$425k

The 5 closest of 8 active listings nearby.

See all comparable homes
365kThis home370k389k395k419k425kThis home vs active comparables
Live market pulseActive comparables in City Centre · median list $465K
$664this home / sqft
41active listings nearby
2days on market

This home lists 9% below the area average of $726/sqft.

1 days faster than the Mississauga average (3 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

City Centre, Mississauga, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

0/ 100

Car-DependentA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Almost all errands require a car.

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Mississauga Valleys
$586K
Creditview
$440K
Cooksville
$426K
Hurontario
$509K
Erindale
$420K

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

Affordability
$1,664/mo
$87KIncome needed
4.2×Price ÷ income
$384Weekly cost
20% down4.79%25-yr amortization

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.

64%mortgage
Mortgage $1,664Property tax $170Condo fee $778Total carry $2,612

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

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,558per month

Mortgage amount $292,000 · 4.14% over 25 years

$73,000Down payment (20.0%)
$292,000Loan before insurance
$0CMHC premium
$2,507Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,558
Property tax
$170
Condo / maintenance fees
$778
Heating
$0
Estimated monthly cost
$2,507

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$3,950
Estimated closing costs
$3,950

Plus your down payment of $73,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$1,893/monthPayment at the qualifying rate

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

$175,466Total interest paid
$467,466Total of all payments
Principal $292,000 Interest $175,466
YearPrincipalInterestBalance
1$6,841$11,858$285,159
2$7,127$11,572$278,033
3$7,425$11,274$270,608
4$7,735$10,963$262,873
5$8,059$10,640$254,814
6$8,396$10,303$246,418
7$8,747$9,951$237,671
8$9,113$9,586$228,557
9$9,494$9,204$219,063
10$9,891$8,807$209,172
11$10,305$8,394$198,867
12$10,736$7,962$188,131
13$11,185$7,513$176,945
14$11,653$7,046$165,292
15$12,141$6,558$153,152
16$12,648$6,050$140,503
17$13,177$5,521$127,326
18$13,729$4,970$113,597
19$14,303$4,396$99,294
20$14,901$3,798$84,393
21$15,524$3,174$68,869
22$16,174$2,525$52,695
23$16,850$1,848$35,845
24$17,555$1,143$18,289
25$18,289$409$0

At the end of your 5-year term

Total paid over the term
$93,493
Principal paid down
$37,186
Interest paid
$56,307
Balance remaining
$254,814

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.

Let's connect

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

Rental yield
Estimate$1,700/mo
$20,400Gross annual rent
1.7%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

5.6%
Gross yield
− Property tax $2,045− Condo fees $9,336− Insurance $600− Vacancy & upkeep $2,244Net operating income $6,175

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTY SPECIALISTS INC.. MLS®/PropTx.

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