1404-3605 Kariya Drive, Mississauga, ON

City Centre, Mississauga · MLS® W13574602

$459,888
For Sale
Listed 1 day ago
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3Bedrooms
2Bathrooms
2Parking
1200-1399Sq Ft

About this home

Welcome to a rarely offered, sun-filled corner suite in the prestigious Towne-one of Mississauga's most sought-after addresses. This beautifully refreshed 2-bedroom + solarium, 2-bathroom residence offers an impressive Nearly 1400 Square Feet of Living Space. Practical Layout With No Space Waited. Spacious Bedrooms With Den Large Enough To Be Used As A 3rd Bedroom or Large Office. Gleaning Laminate Floors and Large Windows Allowing For Tons Of Natural Light! Amazing Amenities Such As; Indoor Pool, Theatres, Tennis Court, Squash Court, Billards, Treed Gardens, Party Room, Billard Room , Exercise Room and More! Fantastic Location; Steps From Square One Shopping Centre, Bus Stop, Go Station and New LRT Line. This Is A Must See!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13574602
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
1200-1399
Cross streets
Hurontario & Burnhamthorpe
Parking
2 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Foundation
Poured Concrete
Roof
Flat
Maintenance
$1,615/mo
Exposure
East
Property tax
$3,298 / 2025
Days on market
1
Listing brokerage
SUTTON GROUP - SUMMIT REALTY INC.

Rooms

Bedroom 2Main3.95 × 3.20 m
Primary BedroomMain4.87 × 3.20 m
Living RoomMain7.00 × 3.34 m
DenMain2.88 × 2.74 m
Dining RoomMain3.20 × 2.27 m
KitchenMain6.47 × 2.90 m
Moe’s TakeTeam Asgarian · Broker
Below the wider set
$650Kest. value

Listed at $459,888, this home is tracking about 29% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 29 similar homes nearby, adjusted for size, beds, and baths.Median of 29 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $562K, 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 $550K
  • Bedrooms +$30K
  • Adjusts to $580K

That comparable adjusts to $580K; the $650K estimate above is the median of all 29 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 very walkable address with everyday errands close by. Kariya Dr At South Enfield Pl is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$460KGreat deal$709KOverpriced

Total price vs nearby homes. Fair value about $650K, median of 29 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Weigh carefully
Comparable listingsCurrently listed nearby in City Centre · asking prices
$653kavg asking

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

Ph10-3605 Kariya Drive$488k1807-350 Webb Drive$570k2008-330 Rathburn Road$640k1711-156 Enfield Place$650k6015-3883 Quartz Road$919k

The 5 closest active listings nearby.

See all comparable homes
460kThis home488k570k640k650k919kThis home vs active comparables
Live market pulseActive comparables in City Centre · median list $550K
$354this home / sqft
31active listings nearby
1days on market

This home lists 31% below the area average of $515/sqft.

2 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

81/ 100

Very WalkableA 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Kariya Dr At South Enfield Pl, about 49 m away

20+ transit stops12 grocery20+ dining20+ parks20+ pharmacies

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
$573K
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
$2,096/mo
$123KIncome needed
3.7×Price ÷ income
$484Weekly 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.

53%mortgage
Mortgage $2,096Property tax $275Condo fee $1,615Total carry $3,986

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,963per month

Mortgage amount $367,910 · 4.14% over 25 years

$91,978Down payment (20.0%)
$367,910Loan before insurance
$0CMHC premium
$3,853Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,963
Property tax
$275
Condo / maintenance fees
$1,615
Heating
$0
Estimated monthly cost
$3,853

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

One-time closing costs

Ontario land transfer tax
$5,673
Estimated closing costs
$5,673

Plus your down payment of $91,978. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,385/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

$221,082Total interest paid
$588,992Total of all payments
Principal $367,910 Interest $221,082
YearPrincipalInterestBalance
1$8,619$14,941$359,292
2$8,979$14,580$350,312
3$9,355$14,205$340,957
4$9,746$13,813$331,211
5$10,154$13,406$321,057
6$10,579$12,981$310,478
7$11,021$12,539$299,457
8$11,482$12,078$287,975
9$11,962$11,597$276,012
10$12,463$11,097$263,550
11$12,984$10,576$250,566
12$13,527$10,032$237,038
13$14,093$9,467$222,945
14$14,683$8,877$208,263
15$15,297$8,263$192,966
16$15,937$7,623$177,029
17$16,603$6,957$160,426
18$17,298$6,262$143,129
19$18,021$5,539$125,108
20$18,775$4,785$106,333
21$19,560$3,999$86,772
22$20,378$3,181$66,394
23$21,231$2,329$45,163
24$22,119$1,441$23,044
25$23,044$516$0

At the end of your 5-year term

Total paid over the term
$117,798
Principal paid down
$46,853
Interest paid
$70,945
Balance remaining
$321,057

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$4,100/mo
$49,200Gross annual rent
4.5%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.

10.7%
Gross yield
− Property tax $3,298− Condo fees $19,377− Insurance $600− Vacancy & upkeep $5,412Net operating income $20,513

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

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