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    355 Rathburn Road E

    Rathburn Towers Condos
    0for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    12
    Number of Units:
    117
    Condo Completion:
    1986
    Condo Demand:
    High
    Unit Size Range:
    900 - 1,200 SQFT
    Unit Availability:
    Low

    Listing History for Rathburn Towers Condos

    Receive listing updates for Rathwood

    Amenities

    Concierge
    Visitor Parking
    Party Room
    Tennis Court
    Rec Room
    Sauna

    Maintenance Fees

    Included
    Hydro
    Heat
    Water
    Excluded
    Air Conditioning

    About 355 Rathburn Road ERathburn Towers Condos

    Anyone who’s seeking a Mississauga condo for sale should consider Rathburn Towers Condos at 355 Rathburn Road E. Deacon Investments completed this building back in 1986, but unlike other buildings of that age, maintenance fees are higher than average at $0.82 per-square-foot. The 12-storey building is home to 117 suites with units ranging between 900 and 1200 square feet.

    Maintenance fees are $0.82 per-square-foot, which is higher than the neighbourhood average of $0.67 per-square-foot.

    The Suites

    The average cost per-square-foot for a unit at 355 Rathburn Road E is $563, based on the past 12 months of sales, and these suites have a low probability of receiving multiple offers.

    Units at Rathburn Towers Condos spend 21 days on the market on average and usually sell for -3.04% below the listing price. In the last 12 months, 1 units has rented, and 3 have sold.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Subway, Tantori chicken and Shawarma Kingdom are all within 16 minutes walking distance from 355 Rathburn Road E. In the mornings, become a regular at McDonald's, a quick 3-minute walk from Rathburn Towers Condos.

    There are a number of grocery stores within a short drive, including Food Basics, Huron Heights Market and Kabul Farms Supermarket.

    Planning for your future is easy with Scotiabank and BMO Bank of Montreal in the area.

    There are plenty of parks nearby to keep your family busy, including Parkway Green and Parkway Green Generation Garden, which are less than 7 minutes away by foot.

    Those who love to shop will appreciate all the options nearby with Central Parkway Mall, Mississauga Marketplace and Square One Shopping Centre just 4 minutes from here.

    Untitled Spaces at Square One is just a short drive away for movie nights.

    Rathburn Towers Condos is a short drive away from St. Matthew Elementary School, giving you plenty of choice for your child’s education. Families with older children will be happy to know that Logimix and Bristol Road Middle School can be reached by car in under 5 minutes.

    Transportation

    Taking public transit? The nearest light transit stop is Central Parkway Station East Platform A. Kipling isn’t within a close walking distance, but you can drive there in about 24 minutes.

    Anyone who isn’t sold on this development but loves the area, might want to check out 333 Meadows Boulevard, 4235 Sherwoodtowne Boulevard and 4205 Shipp Drive, which are similar condos in the area.

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    Explore Neighbourhood

    4/10
    Walkability
    Halfway to a walker's paradise, you might want to invest in a hoverboard.
    6/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    4/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    5,073
    Average Individual Income
    $55,500
    Average Household Size
    0 persons
    Average Age
    39
    Average Household Income
    $119,999
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    19%
    20 - 34
    25%
    35 - 49
    20%
    50 - 64
    20%
    65+
    13%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    28%
    $60,000+
    15%
    $90,000+
    6%
    $125,000+
    2%
    Housing Types & Tenancy
    Detached
    47%
    Semi Detached
    26%
    High Rise Apartment
    12%
    Duplex
    8%
    Low Rise Apartment
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    77%
    Other
    7%
    Punjabi
    6%
    Urdu
    3%
    Spanish
    3%
    Tagalog
    2%
    Gujarati
    1%
    Hindi
    1%
    Education
    High School
    31%
    University and Above
    25%
    College
    20%
    None
    17%
    Apprenticeship
    4%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    22%
    Architecture & Engineering
    21%
    Health & Related Fields
    12%
    Social Sciences
    12%
    Math & Computer Sciences
    9%
    Humanities
    5%
    Physical Sciences
    5%
    Personal, Protective & Transportation Services
    3%
    Education
    2%
    Visual & Performing Arts
    2%

    Maintenance Fees

    Rathburn Towers Condos vs The Rathwood Area

    Days on Strata

    Units at Rathburn Towers Condos spend an average of
    21
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Rathwood

    Turnover of Units

    On average, each unit is owned for
    9.1
    YEARS before being sold again

    Property Value

    3%
    Increase in property value within the past twelve months

    Price Ranking

    5th
    Highest price per SQFT out of 25 condos in the Rathwood area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    1
    Units were Rented over the past twelve months

    Best Value Rank

    Rathburn Towers Condos offers the
    ?
    best value out of 25 condos in the Rathwood neighbourhood

    Appreciation Rank

    Rathburn Towers Condos has the
    ?
    highest ROI out of 25 condos in the Rathwood neighbourhood

    Rental Yield

    Rathburn Towers Condos yields the
    ?
    highest rent prices out of 25 condos in the Rathwood neighbourhood

    High Demand

    Rathburn Towers Condos is the
    ?
    most popular building out of 25 condos in the Rathwood neighbourhood

    Transaction Insights at 355 Rathburn Road E

    2 Bed2 Bed + Den3 Bed
    Price Range$485,000 - $560,000No Data$725,000
    Avg. Cost Per Sqft$552No Data$639
    Avg. Wait for Unit Availability84 Days420 Days180 Days
    Ratio of Units in Building62%13%26%

    Unit Sales vs Inventory

    Total number of units listed and sold in Rathwood