3145 Queen Frederica Drive Unit 506, Mississauga

Price: $299,000

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: W13167120

Experience the perfect blend of modern elegance and natural tranquility in this bright and spacious condominium, ideally situated in a highly coveted Mississauga neighborhood. Features: *Optimized Floorplan - Boasting an exceptionally efficient floor plan, the space has been thoughtfully designed to maximize every square inch, providing a seamless flow for both relaxing and entertaining. *Updated Laminate Flooring: Beautiful, wide-plank laminate flooring flows cohesively throughout the suite, adding warmth, durability, and a polished aesthetic. *Upgraded Modern Kitchen - A culinary enthusiast's dream, featuring sleek, contemporary cabinetry, premium finishes, and ample counter space that perfectly balances style and function. Plenty of room for a breakfast set. *Custom Luxury Bathroom - Step into your private spa. This fully reimagined, custom-designed bathroom is highlighted by a pristine walk-in glass shower and high-end fixtures. *Oversized Open Balcony - Your private outdoor oasis awaits. Step out onto the expansive, open balcony to enjoy your morning coffee while taking in serene, unobstructed views of lush green space. *Unbeatable Location & Lifestyle - Positioned exactly where you want to be, 3145 Queen Frederica Drive offers unparalleled access to the best of both Mississauga, Toronto, GTA and the Golden Horseshoe! *Transit Connectivity - Leave the car at home! You are within easy walking distance to the Dixie GO Station, making your downtown commute a breeze. *Nature & Recreation - Despite its urban convenience, the building is surrounded by nature, offering immediate access to beautiful local parks and scenic walking trails. *Everyday Amenities - Just moments away from premier shopping centers, superb dining options, and everyday conveniences. *Education - Situated in a family-friendly community boasting access to great local schools. Don't miss the opportunity to call this sophisticated, turn-key suite. Move in, relax, and enjoy the view!

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New Listing
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$299,000 - 3145 Queen Frederica Drive Unit 506, Mississauga

Condo for Sale in Mississauga

New — Listed 2 days ago
1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
W13167120
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Mississauga
Locker
Common
Exposure
South West
Balcony
Open
Listing Brokerage
FORESTWOOD REAL ESTATE INC.
Description

Experience the perfect blend of modern elegance and natural tranquility in this bright and spacious condominium, ideally situated in a highly coveted Mississauga neighborhood. Features: *Optimized Floorplan - Boasting an exceptionally efficient floor plan, the space has been thoughtfully designed to maximize every square inch, providing a seamless flow for both relaxing and entertaining. *Updated Laminate Flooring: Beautiful, wide-plank laminate flooring flows cohesively throughout the suite, adding warmth, durability, and a polished aesthetic. *Upgraded Modern Kitchen - A culinary enthusiast's dream, featuring sleek, contemporary cabinetry, premium finishes, and ample counter space that perfectly balances style and function. Plenty of room for a breakfast set. *Custom Luxury Bathroom - Step into your private spa. This fully reimagined, custom-designed bathroom is highlighted by a pristine walk-in glass shower and high-end fixtures. *Oversized Open Balcony - Your private outdoor oasis awaits. Step out onto the expansive, open balcony to enjoy your morning coffee while taking in serene, unobstructed views of lush green space. *Unbeatable Location & Lifestyle - Positioned exactly where you want to be, 3145 Queen Frederica Drive offers unparalleled access to the best of both Mississauga, Toronto, GTA and the Golden Horseshoe! *Transit Connectivity - Leave the car at home! You are within easy walking distance to the Dixie GO Station, making your downtown commute a breeze. *Nature & Recreation - Despite its urban convenience, the building is surrounded by nature, offering immediate access to beautiful local parks and scenic walking trails. *Everyday Amenities - Just moments away from premier shopping centers, superb dining options, and everyday conveniences. *Education - Situated in a family-friendly community boasting access to great local schools. Don't miss the opportunity to call this sophisticated, turn-key suite. Move in, relax, and enjoy the view!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,534.02/mo

Includes CMHC insurance ($8,342)

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5-yr fixed avg.

Principal: $269,100Interest: $182,765
Mortgage Amount$277,442
Total Interest$182,765
Est. Property Tax$212/mo
Total Cost$460,207

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.

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Neighbourhood Guide: Mississauga

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

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

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.

70
Walk Score
Varies
Price Range

3145 Queen Frederica Drive Unit 506, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
4.8%
Good

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$212
Insurance (est.)-$62
Net Cash Flow+$1,201

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $598/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Efficient Living

At 500 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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.

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