3065 Queen Frederica Drive Unit 905, Mississauga

Price: $419,000

2 bedrooms, 1 bathrooms

800 sqft

Property Type: Condo

MLS#: W13133438

Welcome to this spacious and affordable 2-bedroom unit located in a quiet, safe, and well-maintained building. Offering a functional layout with generously sized principal rooms, this unit is perfect for first-time buyers, downsizers, or even investors looking for great value. Enjoy comfortable living with maintenance fees that include all utilities, making monthly budgeting simple and convenient. The building has undergone several important upgrades over the years, including newer windows, renovated lobby, updated elevators, and roof replacement, providing added peace of mind for years to come. Residents also enjoy access to an outdoor swimming pool, ample security camera coverage throughout the building, and a welcoming community atmosphere. A fantastic opportunity to own a larger condo in a well-managed building without compromising affordability.

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$419,000 - 3065 Queen Frederica Drive Unit 905, Mississauga

Condo for Sale in Mississauga

53 days on market

Neighbourhood: Applewood

2Beds
1Baths
800Sq Ft
Condo
Property Details
MLS Number
W13133438
Property Type
Condo
Status
active
Days on Site
53
Bedrooms
2
Bathrooms
1
Square Feet
800 sqft
Neighbourhood
Mississauga
Locker
Exclusive
Exposure
South
Balcony
Open
Listing Brokerage
BONNATERA REALTY
Description

Welcome to this spacious and affordable 2-bedroom unit located in a quiet, safe, and well-maintained building. Offering a functional layout with generously sized principal rooms, this unit is perfect for first-time buyers, downsizers, or even investors looking for great value. Enjoy comfortable living with maintenance fees that include all utilities, making monthly budgeting simple and convenient. The building has undergone several important upgrades over the years, including newer windows, renovated lobby, updated elevators, and roof replacement, providing added peace of mind for years to come. Residents also enjoy access to an outdoor swimming pool, ample security camera coverage throughout the building, and a welcoming community atmosphere. A fantastic opportunity to own a larger condo in a well-managed building without compromising affordability.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,149.69/mo

Includes CMHC insurance ($11,690)

$
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5-yr fixed avg.

Principal: $377,100Interest: $256,116
Mortgage Amount$388,790
Total Interest$256,116
Est. Property Tax$297/mo
Total Cost$644,906

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.

Ready to get pre-approved?

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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

3065 Queen Frederica Drive Unit 905, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$297
Insurance (est.)-$87
Net Cash Flow+$1,296

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 $524/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 53 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.

Efficient Living

At 800 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.

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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    3065 Queen Frederica Drive Unit 905 | $419,000 | Battaglia Team