$470,000 - 3025 Queen Frederica Drive Unit 602, Mississauga
Condo for Sale in Mississauga
63 days on marketNeighbourhood: Applewood
- MLS Number
- W13081884
- Property Type
- Condo
- Status
- active
- Days on Site
- 63
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- RE/MAX REALTY SPECIALISTS INC.
You don't have to be royalty to fall in love with this incredible 3-bedroom, 2-bathroom condo at Queen Frederica but living here might just make you feel like it. Spanning approximately 1,150 sq ft (as per MPAC), this unit offers the kind of space that's hard to come by. The oversized double living room gives you flexibility for everyday living-whether that's relaxing, working from home, entertaining, or creating a dedicated play area for the kids. It's the kind of layout that adapts to real life. From there, step out onto a massive private terrace with sweeping views of the Toronto skyline-yes, actual skyline views! It's the perfect extension of your living space and ideal for morning coffee, evening unwinding, or hosting friends all summer long. The dining area flows seamlessly into a functional galley kitchen, designed with both efficiency and storage in mind. You'll find ample cabinetry, along with convenient access to closet and pantry space-something buyers always appreciate. And then there's the bedroom setup... three full bedrooms and two bathrooms, which is rare at this price point...like blue rare. The primary bedroom features a great-sized closet and its own private 2-piece ensuite. The additional bedrooms are generously sized and share a large, well-appointed family bathroom. This isn't just a condo-it's a true family-sized home in a prime Mississauga location. You're close to everything: shopping, schools, parks, transit, and major highways that connect you across the GTA with ease. If you've been searching for space, function, and value all in one-this is it. Royal living, without the royal price tag.
Estimate your monthly payments for this property
Estimated Payment
$2,411.34/mo
Includes CMHC insurance ($13,113)
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.
3025 Queen Frederica Drive Unit 602, 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 $470/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 63 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.