$625,000 - 1230 Gripsholm Road Unit 15, Mississauga
Condo for Sale in Mississauga
62 days on marketNeighbourhood: Applewood
- MLS Number
- W13090836
- Property Type
- Condo
- Status
- active
- Days on Site
- 62
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- North
- Balcony
- None
- Listing Brokerage
- ROYAL LEPAGE TERREQUITY REALTY
Welcome to Unit 15 at Applewood Court! A Beautifully Renovated 2-Storey, 2 Bedroom Townhome just inside the Mississauga/Etobicoke Border! Bright, Open-concept Living and Dining Room with Walk-out to a huge Deck (2023) in your Private Yard! Your Renovated Kitchen is a real 'Chef's Delight', with Quartz Countertops, a Gas Stove with Double Oven and lots of Counter and Cupboard Space. The Upper Level offers you Rich Hardwood floors, two generous-size Bedrooms with wall-to-wall Windows (replaced in 2017), a Spacious, Renovated 4-piece Bathroom, plus a Huge, Walk-in Storage Closet with Built-in Shelving! The Lower Level has a large 'Nook' area, great space for a Home Office, a good-size, cozy Family Room with Vinyl Laminate Floors, Windows and deep Double Closets with Built-in Shelving. There's 2-piece Bathroom plus the spacious Laundry/Furnace Room area with a new Furnace (2023) and more Built-in Shelving. There's lots of Cupboards and Storage Space. This is Beautiful Townhome is much Larger than it looks in a Great Location for Shopping, Parks, Schools & so much more! A true Hidden Gem and your Next Place to call Home!
Estimate your monthly payments for this property
Estimated Payment
$3,206.57/mo
Includes CMHC insurance ($17,438)
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.
1230 Gripsholm Road Unit 15, 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 $625/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 62 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.
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.
About Applewood
I know Applewood well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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 $2,604 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.