$2,899,000 - 962 Fredonia Drive, Mississauga
Detached for Sale in Mississauga
Neighbourhood: Erindale
- MLS Number
- W13428700
- Property Type
- Detached
- Status
- active
- Days on Site
- 22
- Bedrooms
- 7
- Bathrooms
- 6
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- SAM MCDADI REAL ESTATE INC.
Welcome to 962 Fredonia Dr, an exceptional family residence nestled on a quiet cul-de-sac in the vibrant Erindale community. Offering over 5,200 SF of finished living space, this home is thoughtfully designed for growing families, multi-generational living, and exceptional everyday convenience. Step through the grand foyer and immediately appreciate the home's impressive interiors, highlighted by soaring ceilings, elegant wainscoting, rich hardwood flooring, pot lights and expansive windows throughout. The combined living and dining rooms provide refined spaces for hosting family gatherings and holiday celebrations, while a private main-floor office offers the ideal work-from-home environment. The chef-inspired kitchen overlooks the breakfast area and spacious family room, creating a warm and functional gathering space complete with built-in cabinetry, a fireplace, and views of the backyard. Above, the four generous bedrooms boast impressive vaulted ceilings and custom closet organizers. The primary retreat offers dual walk-in closets, a luxurious 6-piece ensuite, a fireplace, and a sitting area, while the additional bedrooms enjoy ensuite access for added comfort and privacy. The lower level offers remarkable flexibility with a separate entrance and a self-contained 3-bedroom suite featuring two full bathrooms, spacious living areas, recreation space, a wine cellar, a cold room, and ample storage. Ideal for extended family, in-law living, a nanny suite, or valuable rental income potential. One of the home's most unique lifestyle advantages is its access to the Queensway corridor, providing direct rear-gate access to nearby walking and cycling trails, Huron Park, the Community Centre, Trillium Hospital, and everyday amenities. This creates a unique blend of outdoor recreation and convenience right from your backyard. Perfectly located near top-rated schools, UTM, Credit River trails, Credit Valley Golf, and easy connections to Highways 403, 401, 407, and the QEW.
Estimate your monthly payments for this property
Estimated Payment
$12,823.25/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.
962 Fredonia Drive, Mississauga
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $828/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 22 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 7 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.