$625,000 - 1230 Gripsholm Road Unit 15, Mississauga
Condo for Sale in Mississauga
41 days on market- MLS Number
- W13090836
- Property Type
- Condo
- Status
- active
- Days on Site
- 41
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- North
- Balcony
- None
- Listing Brokerage
- ROYAL LEPAGE TERREQUITY REALTY
Welcome to Unit 15 at Applewood Court! A Beautifully Renovated 2-Storey, 2 Bedroom Townhome just inside the Mississauga/Etobicoke Border! Bright, Open-concept Living and Dining Room with Walk-out to a huge Deck (2023) in your Private Yard! Your Renovated Kitchen is a real 'Chef's Delight', with Quartz Countertops, a Gas Stove with Double Oven and lots of Counter and Cupboard Space. The Upper Level offers you Rich Hardwood floors, two generous-size Bedrooms with wall-to-wall Windows (replaced in 2017), a Spacious, Renovated 4-piece Bathroom, plus a Huge, Walk-in Storage Closet with Built-in Shelving! The Lower Level has a large 'Nook' area, great space for a Home Office, a good-size, cozy Family Room with Vinyl Laminate Floors, Windows and deep Double Closets with Built-in Shelving. There's 2-piece Bathroom plus the spacious Laundry/Furnace Room area with a new Furnace (2023) and more Built-in Shelving. There's lots of Cupboards and Storage Space. This is Beautiful Townhome is much Larger than it looks in a Great Location for Shopping, Parks, Schools & so much more! A true Hidden Gem and your Next Place to call Home!
Estimate your monthly payments for this property
Estimated Payment
$3,206.57/mo
Includes CMHC insurance ($17,438)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Mississauga
Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Mississauga
- •Convenient location in Mississauga
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1230 Gripsholm Road Unit 15, Mississauga
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $625/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 41 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Mississauga Market Insight
Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.
Investment Perspective
Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,604 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.