$3,299,990 - 950 Fredonia Drive, Mississauga
Detached for Sale in Mississauga
55 days on marketNeighbourhood: Erindale
- MLS Number
- W13125354
- Property Type
- Detached
- Status
- active
- Days on Site
- 55
- Bedrooms
- 6
- Bathrooms
- 6
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Mississauga
- Lot Size
- 8,435 sqft
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
Exceptional Estate Residence Situated On A Prestigious Cul-De-Sac In The Heart Of Erindale, One Of Mississauga's Most Coveted Luxury Communities. Surrounded By Multi-Million Dollar Custom Homes, Expansive Pool Sized Lot, Impressive 3-Car Garage Residence Offers Over 6,000 Sq.Ft. Of Refined Living Space With Exceptional Craftsmanship, Scale, And Attention To Detail Throughout. Designed For Elevated Family Living And Entertaining, The Home Features 5 Generously Appointed Bedrooms all equipped with walk in closets, 6 Bathrooms, Soaring Ceilings, Extensive Wainscotting, Coffered Ceilings, And Elegant Architectural Detailing Across Multiple Rooms. The Chef's Kitchen Is Outfitted With Custom Cabinetry, Premium Built-In Appliances, Sub-Zero Fridge, Large Pantry, And An Exceptional Layout Ideal For Everyday Living And Hosting. Lifestyle Amenities Include A Custom Theatre Room, Full Home Gym, Professionally Finished Walk-Up Basement, And Two Separate Staircases Offering Excellent Potential For Multi Generational Living. The Primary Retreat Features Spacious His and Hers Walk-In Closets And A Luxurious Ensuite. Professionally Landscaped Delivering Outstanding Curb Appeal With Full Fencing, In-Ground Sprinkler System, Expansive Deck And Patio Areas And A Private Backyard Setting Designed For Outdoor Enjoyment. Additional Features Include EV Charger, Brand New Furnace (2026), And Brand New A/C (2026). Luxury Certified.
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Estimated Payment
$14,596.97/mo
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.
Nature and University Town Living
Erindale is a mature neighbourhood centered around the University of Toronto Mississauga campus and the scenic Credit River valley. The area offers a unique combination of natural beauty, academic culture, and established residential streets. Erindale Park, one of Mississauga's largest and most beautiful parks, anchors the community.
Why Live in Erindale
- •Adjacent to UTM campus
- •Credit River valley and trails
- •Erindale Park - one of Mississauga's finest
- •Mature trees and established streets
- •Strong rental market near university
Nearby Schools
Transit & Commuting
- •MiWay Route 110 to UTM
- •Easy access to Highway 403
- •Erindale GO Station (planned)
- •25-minute drive to Toronto Pearson Airport
Parks & Amenities
- •Erindale Park
- •Credit River trails
- •Erindale Community Centre
- •UTM campus amenities
- •Riverwood Conservancy (nearby)
Lifestyle & Community
Erindale combines the serenity of nature with the vibrancy of a university community. Residents enjoy beautiful parks, academic culture, and a diverse, welcoming atmosphere.
950 Fredonia Drive, 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
Fair Market Value
At $943/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 55 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.
Detached Home Advantages
Detached homes in Mississauga are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Mississauga.
Bathroom Count Matters
With 6 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.