1485 Gulleden Drive Unit 21, Mississauga

Price: $869,000

3 bedrooms, 3 bathrooms

1,400 sqft

Property Type: Condo

MLS#: W13243322

Absolutely Stunning, Bright and Spacious 3-Bedroom, 2-Bath Townhome in the Highly Desirable Applewood Community! This Beautifully Renovated Home Offers a Functional and Inviting Layout Featuring a Sun-Filled Open-Concept Living Room with Soaring Cathedral Ceilings and Walk-Out to a Private Patio, Perfect for Relaxing or Entertaining. The Separate Dining Area Overlooks the Living Space, Creating an Open and Airy Feel Throughout. The Renovated Contemporary Kitchen Boasts a Large Centre Island, Ample Cabinetry, and Generous Counter Space. Upstairs, You'll Find Three Spacious Bedrooms with Large Windows and Plenty of Closet Space. The Primary Bedroom Features a Walk-In Closet and Convenient 2-Piece Ensuite. The Finished Basement Offers Additional Living Space, Ideal as a Family Room, Home Office, Gym, or Play Area. Move-In Ready and Ideally Located in a Family-Friendly Neighbourhood Close to Great Schools, Parks, Shopping, Public Transit, and Major Highways, With Burnhamthorpe Community Centre, Rockwood Mall, and Wisla Plaza All Just Steps Away.

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$869,000 - 1485 Gulleden Drive Unit 21, Mississauga

Condo for Sale in Mississauga

33 days on market

Neighbourhood: Applewood

3Beds
3Baths
1,400Sq Ft
Condo
Property Details
MLS Number
W13243322
Property Type
Condo
Status
active
Days on Site
33
Bedrooms
3
Bathrooms
3
Square Feet
1,400 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
ATV REALTY INC
Description

Absolutely Stunning, Bright and Spacious 3-Bedroom, 2-Bath Townhome in the Highly Desirable Applewood Community! This Beautifully Renovated Home Offers a Functional and Inviting Layout Featuring a Sun-Filled Open-Concept Living Room with Soaring Cathedral Ceilings and Walk-Out to a Private Patio, Perfect for Relaxing or Entertaining. The Separate Dining Area Overlooks the Living Space, Creating an Open and Airy Feel Throughout. The Renovated Contemporary Kitchen Boasts a Large Centre Island, Ample Cabinetry, and Generous Counter Space. Upstairs, You'll Find Three Spacious Bedrooms with Large Windows and Plenty of Closet Space. The Primary Bedroom Features a Walk-In Closet and Convenient 2-Piece Ensuite. The Finished Basement Offers Additional Living Space, Ideal as a Family Room, Home Office, Gym, or Play Area. Move-In Ready and Ideally Located in a Family-Friendly Neighbourhood Close to Great Schools, Parks, Shopping, Public Transit, and Major Highways, With Burnhamthorpe Community Centre, Rockwood Mall, and Wisla Plaza All Just Steps Away.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,458.42/mo

Includes CMHC insurance ($24,245)

$
$
5%10%50%

5-yr fixed avg.

Principal: $782,100Interest: $531,181
Mortgage Amount$806,345
Total Interest$531,181
Est. Property Tax$616/mo
Total Cost$1,337,526

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: Applewood

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

Applewood Heights Secondary SchoolPublic High School
Father Michael Goetz CSSCatholic High School
Applewood Public SchoolPublic Elementary
St. Alfred Catholic SchoolCatholic Elementary

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.

65
Walk Score
$600K - $1.2M
Price Range

1485 Gulleden Drive Unit 21, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$910
Property Tax (est.)-$616
Insurance (est.)-$181
Net Cash Flow+$1,373

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $621/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 33 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.

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.

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.

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    1485 Gulleden Drive Unit 21, Mississauga | $869,000 | Battaglia Team