$2,899,000 - 962 Fredonia Drive, Mississauga
Detached for Sale in Mississauga
New — Listed 2 days ago- MLS Number
- W12997132
- Property Type
- Detached
- Status
- active
- Days on Site
- 2
- Bedrooms
- 7
- Bathrooms
- 6
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- iCloud Realty Ltd.
Welcome to an exceptional residence in the highly sought-after Erindale community, perfectly positioned on a quiet cul-de-sac. Thoughtfully designed with timeless elegance, this home showcases rich hardwood flooring throughout, sophisticated wainscoting, upgraded potlights and a striking floating staircase. The open-concept layout seamlessly blends style and function, leading into a modern chef's kitchen with custom cabinetry, overlooking a grand family room-an ideal setting for entertaining. This home offers four generously proportioned bedrooms, each complete with spacious closets and custom organizers. The primary suite is a true sanctuary, featuring luxurious his and hers closets and a spa-inspired 6-piece ensuite designed for ultimate relaxation. The upper-level bedrooms are elevated by impressive 11-foot vaulted ceilings, adding volume and architectural elegance. The finished basement apartment offers remarkable versatility, featuring three bedrooms and two full bathrooms. Complete with laminate flooring, potlights, a separate recreation area and a cedar wine cellar, this space is ideal for extended family living or generating additional income. A private entrance ensures both comfort and independence. Ideally located just minutes from UTM, parks/trails, top-tier schools and hospitals, this distinguished home delivers a rare combination of luxury, space and convenience.
Estimate your monthly payments for this property
Estimated Payment
$12,823.25/mo
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.
962 Fredonia Drive, 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
Fair Market Value
At $828/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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.
Detached Home Advantages
Detached homes in Mississauga are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 7 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Mississauga.
Bathroom Count Matters
With 6 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.