$709,900 - 1200 Gripsholm Road Unit #5, Mississauga
Condo for Sale in Mississauga
Neighbourhood: Applewood
- MLS Number
- W13411692
- Property Type
- Condo
- Status
- active
- Days on Site
- 30
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 900 sqft
- Neighbourhood
- Mississauga
- Locker
- Ensuite
- Exposure
- North
- Balcony
- Terrace
- Listing Brokerage
- RIGHT AT HOME REALTY
Fully Renovated TownHome: peace of Art !!! Step into a masterpiece of modern design where absolutely nothing has been left untouched. This Fully Renovated TownHome elevates urban living with a sleek, open-concept layout and custom details throughout. Brand-new hardwood flooring, modern ceiling spotlights, and pristine tile washrooms(3). Kitchen equipped with quartz countertop, custom cabinetry and brand new appliances. Downstairs, the fully finished lower level is a true showstopper. Completed with a sleek, newly renovated 3-piece washroom, ceiling lights and a layout specifically optimized for a private kitchen or executive office, this level functions as a completely self-contained suite. This massive bonus zone features dedicated plumbing and space ready for a private kitchenette or a high-end home office. Whether you want to host long-term guests, create the ultimate work-from-home sanctuary, gym or generate potential Rental income, this Home adapts to your lifestyle. Private, fenced-in backyard patio ideal for pets, grilling and evening relaxation. Imagine waking up to natural light streaming through expansive windows and sipping your morning coffee on a private, sun-drenched patio. Beyond your front door, you are just a short stroll from vibrant local restaurants, shopping, parks, highly-rated schools and public transit. Move Right in and enjoy Perfection !!!
Estimate your monthly payments for this property
Estimated Payment
$3,642.15/mo
Includes CMHC insurance ($19,806)
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.
Established Character and Convenience
Applewood is one of Mississauga's earliest suburbs, known for its mid-century homes, mature landscaping, and convenient central location. The neighbourhood offers excellent value with proximity to shopping, transit, and major employers. Applewood has maintained its character while benefiting from ongoing renovations and updates.
Why Live in Applewood
- •Central location with excellent access
- •Mature trees and established gardens
- •Strong community identity
- •Close to Dixie and Bloor shopping
- •Good value for the location
Nearby Schools
Transit & Commuting
- •Multiple MiWay bus routes
- •Dixie GO Station nearby
- •Easy access to Highway 401 and QEW
- •10-minute drive to Toronto Pearson Airport
Parks & Amenities
- •Applewood Hills Park
- •Burnhamthorpe Community Centre (nearby)
- •Dixie Outlet Mall
- •Local shopping plazas
- •Community library
Lifestyle & Community
Applewood offers practical, comfortable living with excellent connectivity. The neighbourhood appeals to those seeking value in a central location with good transit access.
1200 Gripsholm Road Unit #5, 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
Competitive Pricing
At $789/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 30 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.
Efficient Living
At 900 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.
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.
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.