965 Inverhouse Drive Unit 709, Mississauga

Price: $629,999

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W12782580

Welcome to the exquisite Inverhouse Manor, ideally situated in the heart of Clarkson Village. This coveted adult-living condominium offers an exceptional blend of elegance, comfort, and lifestyle, making it perfect for those looking to enjoy a vibrant yet tranquil atmosphere. This stunning 2+1 bedroom, 2-full-bath condo encompasses over 1,300 square feet of well-designed living space, complemented by an additional 144 square feet of outdoor space on the main balcony. The versatile den can easily serve as a home office or guest room, providing extra functionality. The primary bedroom features an ensuite bathroom, a walk-in closet, and a private covered balcony, creating a perfect retreat. As you step inside, you'll appreciate the open-concept design that seamlessly connects the spacious living and dining areas to the modern galley-style kitchen. This kitchen is a chef's dream, adorned with contemporary finishes, granite countertops, ample storage, and a movable island for added convenience. Additional highlights of the unit include engineered hardwood floors throughout, abundant storage options, and in-suite laundry with a utility sink. Enjoy a lifestyle enriched by fantastic amenities: unwind in the outdoor heated pool, rejuvenate in the sauna, stay active in the gym, or host gatherings in the library or large party room equipped with a full kitchen. Your convenience is further enhanced with underground tandem parking for two vehicles and ample visitors' parking. Inverhouse Manor is perfectly positioned near the best of Clarkson Village shops, restaurants, banks, and recreational amenities, all within a short stroll. The proximity to scenic nature trails and Rattray Marsh enhances your outdoor experience, while easy access to downtown Toronto via the Clarkson GO station makes commuting a breeze.

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Estimated Payment

$3,232.22/mo

Includes CMHC insurance ($17,577)

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5-yr fixed avg.

Principal: $566,999Interest: $385,090
Mortgage Amount$584,576
Total Interest$385,090
Est. Property Tax$446/mo
Total Cost$969,666

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.

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965 Inverhouse Drive Unit 709, Mississauga

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Joe Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $525/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.

Negotiation Opportunity

At 48 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $2,625 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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