$540,000

For sale

#1503 3025 Queen Frederica Drive, Mississauga (Applewood) - Single Family for Sale

#1503 3025 Queen Frederica Drive, Mississauga (Applewood), Ontario, L4Y3A1

3 beds2 baths1 parking1,100 ft²$658/mo condo feeListed 38 days ago

Overview

This 3-bedroom, 2-bathroom condo in Mississauga is for sale offering roughly 1,100 sq ft of space. Its $540,000 asking price sits right in line with the $519,000 median in Mississauga. It has been on the market 38 days, fresher than the Mississauga average of 52 days.

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Description

Welcome to this spacious and low-maintenance 3-bedroom, 2-bathroom apartment in the highly sought-after Applewood community. Perfectly situated just steps from Dixie GO Station, public transit, grocery stores, gyms, fashion boutiques, and Applewood Hills Park, this home offers unbeatable convenience. Families will appreciate the proximity to highly rated schools, while commuters will love being just minutes from Kipling Station, Hwy 427, the Gardiner Expressway, and the Queen Elizabeth Way. Designed for comfort and functionality, this bright and inviting unit features a cozy yet spacious living room and a private balcony - perfect for enjoying fresh air and quiet moments. A perfect blend of comfort and convenience - this could be your next home. Schedule your viewing today and experience everything this wonderful apartment has to offer. (id:66096)

Property Details

MLS®: W13836938
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Baseboard heaters, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $658/mo
Fee Includes: Common Area Maintenance, Cable TV, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,543.31/yr
Listed: 38 days ago

Rooms

Main level

Bedroom 3: 3.15 x 2.85 meters
Dining room: 3.14 x 2.63 meters
Living room: 6.01 x 3.52 meters
Bedroom: 3.73 x 3.44 meters
Bedroom 2: 3.34 x 2.78 meters

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

Features

Exterior: Concrete, Brick
Lot Features: Ravine, Wheelchair access, Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

38d

Mississauga (Applewood) listings, avg age

52d

Price / ft²

$491

List price

$540K

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 (Applewood) has been listed for 38 days, which is 14 days fresher than the city average of 52. Act while there is still low competition.

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Listed by RE/MAX WEST REALTY INC. · KRISTINA LALLBACHAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4Y)

This home lists at $540,000, about 6.1× the local median household income of $89,000.

Carrying it typically needs a household income of about $105,481 (20% down, 25-yr amortization, stress-tested) — roughly 19% above the area median.

Median household income: $89,000
Population: 23,490
Median age: 45.2
Owner / renter: 68% / 32%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA L4Y)

$540,000· $491/ft²

For sale

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Full Cost Breakdown

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Down Payment5.37% · $29,000

Min 5.37%50%

Mortgage payment$2,833/mo

↳ CMHC premium ($20,440 capitalized)

Property tax (est.)$212/mo

Condo fee$658/mo

Total monthly$3,703

Cash Needed to Close

Down payment (5.37%)$29,000

Land transfer tax$7,275

Est. closing costs$4,120

Total cash needed$40,395

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