4045 Hickory Drive Unit 7, Mississauga

Price: $728,000

2 bedrooms, 3 bathrooms

1,000 sq ft

Property Type: Condo

MLS#: W12878982

Welcome to this stylish 2-bedroom, 3-bathroom townhouse in the highly sought-after Applewood Towns community in Mississauga. Only 2 years old and featuring numerous upgrades, this beautifully maintained home offers modern design, quality finishes, and exceptional functionality. Boasting 9-foot smooth ceilings throughout, the home features a bright open-concept layout that seamlessly blends comfort and sophistication. Large windows flood the space with natural light, while thoughtfully selected upgrades enhance both style and everyday living. The contemporary kitchen is equipped with neutral quartz countertops and backsplash, upgraded cabinetry, and sleek stainless steel appliances, making it perfect for both cooking and entertaining. All three bathrooms are upgraded with large natural porcelain tiles and elegant stone countertops, adding a touch of luxury throughout the home. Enjoy two impressive outdoor spaces-a private balcony ideal for morning coffee and a spacious rooftop terrace perfect for evening gatherings or relaxing under the stars. Conveniently located just minutes from Square One, with easy access to Highways 401, 427, and QEW, as well as shopping, parks, schools, and public transit. This home offers the perfect balance of urban convenience and modern comfort.Ideal for first-time buyers, young professionals, or investors seeking a move-in-ready property in a well-connected and rapidly growing neighbourhood.

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$728,000 - 4045 Hickory Drive Unit 7, Mississauga

Condo for Sale in Mississauga

New — Listed 2 days ago
2Beds
3Baths
~1,000Sq Ft
Condo
Property Details
MLS Number
W12878982
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
3
Square Feet
~1,000 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
West
Balcony
Open
Listing Brokerage
BAY STREET INTEGRITY REALTY INC.
Description

Welcome to this stylish 2-bedroom, 3-bathroom townhouse in the highly sought-after Applewood Towns community in Mississauga. Only 2 years old and featuring numerous upgrades, this beautifully maintained home offers modern design, quality finishes, and exceptional functionality. Boasting 9-foot smooth ceilings throughout, the home features a bright open-concept layout that seamlessly blends comfort and sophistication. Large windows flood the space with natural light, while thoughtfully selected upgrades enhance both style and everyday living. The contemporary kitchen is equipped with neutral quartz countertops and backsplash, upgraded cabinetry, and sleek stainless steel appliances, making it perfect for both cooking and entertaining. All three bathrooms are upgraded with large natural porcelain tiles and elegant stone countertops, adding a touch of luxury throughout the home. Enjoy two impressive outdoor spaces-a private balcony ideal for morning coffee and a spacious rooftop terrace perfect for evening gatherings or relaxing under the stars. Conveniently located just minutes from Square One, with easy access to Highways 401, 427, and QEW, as well as shopping, parks, schools, and public transit. This home offers the perfect balance of urban convenience and modern comfort.Ideal for first-time buyers, young professionals, or investors seeking a move-in-ready property in a well-connected and rapidly growing neighbourhood.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,735.02/mo

Includes CMHC insurance ($20,311)

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5-yr fixed avg.

Principal: $655,200Interest: $444,994
Mortgage Amount$675,511
Total Interest$444,994
Est. Property Tax$516/mo
Total Cost$1,120,505

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

4045 Hickory Drive Unit 7, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$516
Insurance (est.)-$152
Net Cash Flow+$1,042

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Competitive Pricing

At $728/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.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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 $3,033 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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