1205-3515 Kariya Drive, Mississauga, ON
Fairview, Mississauga · MLS® W13729536
About this home
Corner Suite with East-South Views. Nice and Bright 942 Sq. Ft. Nestled in the Heart of Mississauga. Enjoy a Bright Eat-In Kitchen Adorned with Granite Countertops, Stainless Steel Appliances, LG ThinQ Tower Washer/Dryer, LG ThinQ Dishwasher. The Kitchen Has Access to a L-Shaped Balcony with an Unobstructed East and South View. L-Shape Living/Dining Area. 9 ft. Floor To Ceiling Windows. The Den is Open Concept and is part of Living Area. One Locker and One Parking Owned. Expansive Primary Bedroom Featuring a 3-piece Ensuite and his/hers Mirrored Closets. The Second Bathroom also is 3 Piece with Tub. Top-Notch Amenities Including an Indoor Pool, Gym, 24-hour Security, Theatre, and more! Conveniently located Close to Square One Shopping Mall, Go Transit, Celebration Square, Kariya and Mississauga Valley Parks, and Steps Away from Elm Drive Public School and Soon The LRT Line.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- W13729536
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 2
- Size
- 900-999
- Cross streets
- Hurontario and Central Parkway
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Fan Coil
- A/C
- Central Air
- Exterior
- Metal/Steel Siding, Other
- Maintenance
- $924/mo
- Exposure
- South East
- Property tax
- $3,612 / 2026
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Listed at $518,000, and my independent estimate is tracking about 23% 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.
Total price vs nearby homes. Fair value about $670K, median of 12 comparables.
The market behind the math:
Price per square foot: this home lists at $546/sqft against an area asking average of $726/sqft. Size and $/sqft both feed the estimate above.
How this estimate is builtthe short version
I take the 12 most comparable recent listings nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single listing.
It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $519K, lower than the comparables and worth a second look.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit
On location, this is a very walkable address with everyday errands close by. Achill Crescent is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Read this with carewhy it’s an estimate, not an appraisal
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 12 comparable homes nearby.
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 $753/sqft; this home lists at $546/sqft. Size is part of the price story, not just the sticker.
The 4 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.
Getting around
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 OpenStreetMap contributors.
Most daily errands can be done on foot.
🚉 Nearest transit: Achill Crescent, about 130 m away
Within a 15-minute (1.5 km) walk.
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 4.09% via Ratehub.ca (as of August 31, 2026); conventional rates run a little higher.
Mortgage amount $414,400 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,234
- Property tax
- $301
- Condo / maintenance fees
- $924
- Heating
- $0
- Estimated monthly cost
- $3,459
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $6,835
- Estimated closing costs
- $6,835
Plus your down payment of $103,600. 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
- $134,045
- Principal paid down
- $52,155
- Interest paid
- $81,889
- Balance remaining
- $362,245
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.