$485,000 - 966 Inverhouse Drive Unit 1506, Mississauga
Condo for Sale in Mississauga
- MLS Number
- W13167674
- Property Type
- Condo
- Status
- active
- Days on Site
- 17
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Mississauga
- Locker
- Ensuite
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- SHORELINE REALTY CORP.
Set in the heart of Clarkson, this spacious three-bedroom condo at 966 Inverhouse Drive offers something that is becoming harder to find in South Mississauga: real square footage, a practical layout, and a price point that leaves room to make it your own. With over 1,000 square feet of living space, two full bathrooms, one underground parking space, and an oversized ensuite locker, this is the kind of property that makes sense for first-time buyers, downsizers, commuters, and anyone looking for value in a well-established neighbourhood. Inside, the layout is functional. The living and dining areas are generously sized, giving you enough room to properly furnish the space. The unit has been well maintained over the years and presents an opportunity that many buyers actively search for but rarely find in this area: a clean, move-in ready condo with room to personalize over time. One of the standout features is the large covered east-facing balcony. It extends the living space nicely and brings in plenty of natural sunlight through the morning and into the afternoon. The building itself is known for offering a wide range of amenities. Residents have access to an outdoor tennis court, picnic tables, a library and games room, and a parcel room. Clarkson continues to be one of South Mississauga's most sought-after neighbourhoods. From this address, you are less than a 15-minute walk to Clarkson GO Station. Everyday errands are easy with Metro, Canadian Tire, and the LCBO all located nearby. The property also falls within the boundaries for Clarkson Public School and Clarkson Secondary School. Condos in this part of Mississauga often force buyers to choose between location and space. This unit manages to offer both. Unit #1506 presents an opportunity for buyers who recognize the value of good fundamentals. In a market where many condos feel temporary, this one feels like a home people can settle into for years.
Estimate your monthly payments for this property
Estimated Payment
$2,488.30/mo
Includes CMHC insurance ($13,532)
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.
966 Inverhouse Drive Unit 1506, Mississauga
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $485/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 17 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.
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.
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.