$509,900

For sale

#122 1055 B Forestwood Drive, Mississauga (Erindale) - Single Family for Sale

#122 1055 B Forestwood Drive, Mississauga (Erindale), Ontario, L5C2T8

3 beds2 baths1 parking$970/mo condo feeListed 127 days ago

Overview

This 3-bedroom, 2-bathroom condo in Mississauga is for sale. Listed at $509,900, it is attractively priced about 8% below the $554,900 median asking price in Mississauga.

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Description

3-Bedrooms Townhome in Mississauga Step into this well-maintained 3-bedroom, 1.5-bath townhouse ideally located in the heart of Mississauga. Featuring a modern, upgraded kitchen with a sleek backsplash, this home offers a bright open-concept living and dining space-perfect for both everyday living and entertaining.The second level boasts brand-new flooring, generously sized bedrooms with ample closet space, and an updated bathroom with a contemporary finish. Enjoy the added convenience of second-floor laundry and extra storage.A fully finished basement provides versatile space ideal for a home office, gym, or recreation room. One dedicated parking spot is included.Situated in a well-managed, family-friendly complex close to top-rated schools, shopping, dining, parks, and major highways-this home offers both comfort and accessibility.An excellent opportunity for families, first-time buyers, or investors. Priced to sell-book your showing today (id:66096)

Property Details

MLS®: W13504840
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Storeys: 2
Basement: Finished, N/A
Heating: Baseboard heaters, Other
Cooling: Window air conditioner
Garage: No Garage
Condo Fee: $970/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,121.4/yr
Listed: 127 days ago

Rooms

Main level

Living room: 6.73 x 3.18 meters
Dining room: 3.32 x 2.48 meters
Kitchen: 3.56 x 2.1 meters

Second level

Primary Bedroom: 4.46 x 3.34 meters
Bedroom 2: 4.16 x 2.44 meters
Bedroom 3: 3.2 x 3.02 meters

Basement

Recreational, Games room: 5.16 x 4.67 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Flooring: Tile, Laminate
Exterior: Brick
Lot Features: Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

127d

Mississauga (Erindale) listings, avg age

48d

List price

$510K

Homes here sell faster than most markets

Sold homes in this market spent an average of 34 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 3-bed single family in Mississauga (Erindale) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by YOUR GTA REAL ESTATE INC. · SUSHIL AGRAWAL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5C)

This home lists at $509,900, about 5.0× the local median household income of $102,000.

Carrying it typically needs a household income of about $99,601 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $102,000
Population: 29,284
Median age: 42.8
Owner / renter: 74% / 26%
Avg. household size: 3

Source: Statistics Canada, 2021 Census (FSA L5C)

$509,900

For sale

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Full Cost Breakdown

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Down Payment5.10% · $25,990

Min 5.10%50%

Mortgage payment$2,683/mo

↳ CMHC premium ($19,356 capitalized)

Property tax (est.)$177/mo

Condo fee$970/mo

Total monthly$3,830

Cash Needed to Close

Down payment (5.10%)$25,990

Land transfer tax$6,673

Est. closing costs$4,030

Total cash needed$36,693

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