$2,948,000 - 950 Fredonia Drive, Mississauga
Detached for Sale in Mississauga
33 days on marketNeighbourhood: Erindale
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- MLS Number
- W13746026
- Property Type
- Detached
- Status
- active
- Days on Site
- 33
- Bedrooms
- 5
- Bathrooms
- 6
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Mississauga
- Taxes (2026)
- $18,821
- Listing Brokerage
- SAM MCDADI REAL ESTATE INC.
MOTIVATED SELLER! Presenting 950 Fredonia Dr! A remarkable estate where timeless elegance, grand proportions & refined architectural design come together in Erindale, one of Mississauga's most coveted luxury communities. Spanning over 6,000 sq. ft. of total living space, this impressive 5 bed, 6 bath residence makes a striking first impression w/its stately facade & 3 car garage. Step inside, where soaring & coffered ceilings, expansive windows, pot lights, wainscotting & architectural details create a sense of luxury. At the centre, the chef's kitchen features built-in s/s appliances, granite counters, custom cabinetry, custom backsplash, pantry & large centre island overlooking the breakfast area w/a w/o to the deck & 2 way gas fireplace shared w/the family room, where framed arched openings add architectural character & elegant flow. Designed for memorable gatherings, the formal living room showcases a dramatic circular tray ceiling, while the dining room features an elegant recessed tray ceiling w/statement lighting. Upstairs, the primary suite is a private retreat beneath vaulted ceilings, complete w/his & hers closets & a luxurious 5pc ensuite w/dual sinks, soaker tub, walk-in shower & elegant fixtures. Four additional beds w/dedicated closet space & ensuite complete this level. Two staircases add convenience & flexibility. The finished walk-up lower level extends the living space w/a rec room, custom theatre, & gym, w/excellent potential for multi generational living. Outside, the professionally landscaped & fully fenced backyard offers exceptional privacy w/a deck & patio, perfect for entertaining. Ideally situated moments from Mississauga Golf & Country Club, the Credit River, scenic parks & trails, renowned schools & more, this exceptional estate offers a lifestyle of elegance & distinction.*UPGRADES INCL.refreshed exterior stucco & driveway, fresh paint throughout, upgraded kitchen, new upper level flooring, renovated primary ensuite, new A/C & furnace.
Estimate your monthly payments for this property
Estimated Payment
$13,040.00/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 $842/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.
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.
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 5 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.