3025 Queen Frederica Drive Unit 1503, Mississauga

Price: $550,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W12846822

Welcome to this spacious and low-maintenance 3-bedroom, 2-bathroom apartment in the highly sought-after Applewood community. Perfectly situated just steps from Dixie GO Station, public transit, grocery stores, gyms, fashion boutiques, and Applewood Hills Park, this home offers unbeatable convenience. Families will appreciate the proximity to highly rated schools, while commuters will love being just minutes from Kipling Station, Hwy 427, the Gardiner Expressway, and the Queen Elizabeth Way. Designed for comfort and functionality, this bright and inviting unit features a cozy yet spacious living room and a private balcony - perfect for enjoying fresh air and quiet moments. A perfect blend of comfort and convenience - this could be your next home. Schedule your viewing today and experience everything this wonderful apartment has to offer.

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$550,000 - 3025 Queen Frederica Drive Unit 1503, Mississauga

Condo for Sale in Mississauga

124 days on market

Neighbourhood: Applewood

3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W12846822
Property Type
Condo
Status
active
Days on Site
124
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
South West
Balcony
Open
Listing Brokerage
RE/MAX WEST REALTY INC.
Description

Welcome to this spacious and low-maintenance 3-bedroom, 2-bathroom apartment in the highly sought-after Applewood community. Perfectly situated just steps from Dixie GO Station, public transit, grocery stores, gyms, fashion boutiques, and Applewood Hills Park, this home offers unbeatable convenience. Families will appreciate the proximity to highly rated schools, while commuters will love being just minutes from Kipling Station, Hwy 427, the Gardiner Expressway, and the Queen Elizabeth Way. Designed for comfort and functionality, this bright and inviting unit features a cozy yet spacious living room and a private balcony - perfect for enjoying fresh air and quiet moments. A perfect blend of comfort and convenience - this could be your next home. Schedule your viewing today and experience everything this wonderful apartment has to offer.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,821.79/mo

Includes CMHC insurance ($15,345)

$
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5-yr fixed avg.

Principal: $495,000Interest: $336,191
Mortgage Amount$510,345
Total Interest$336,191
Est. Property Tax$390/mo
Total Cost$846,536

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

3025 Queen Frederica Drive Unit 1503, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$390
Insurance (est.)-$115
Net Cash Flow+$1,605

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 $550/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 124 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.

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.

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    3025 Queen Frederica Drive Unit 1503 | $550,000 | Battaglia Team