966 Inverhouse Drive Unit 1507, Mississauga

Price: $565,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W14034028

High-altitude luxury living without the penthouse price tag. Perched high in the sky, this beautifully updated 3-bedroom, 2-bathroom delivers a welcoming entry foyer, sun-drenched afternoon light, and spectacular sunsets. The layout features a king-size primary bedroom complete with its own private 3-piece ensuite, alongside an elegant 4-piece main bathroom, both meticulously updated with luxury fixtures and premium counters.The heart of the home is an open-concept galley kitchen featuring premium quartz countertops that extend through the pantry and in-suite laundry area. Sleek contemporary hardwood cabinetry and a breakfast bar overlook a bright dining space and a welcoming living room. Step out onto the 10'5" x 11'3" west-facing balcony, where sleek glass railings ensure completely uninterrupted views, including a partial view of Lake Ontario. This rare, barbecue-friendly outdoor haven comes fully equipped with an external outlet for instant plug-and-play lighting or music.Parking and storage are unmatched: 1 underground spot, 1 surface spot, 1 storage locker, plus a generous, spacious in-suite storage room.Enjoy a resort lifestyle with an outdoor pool, tennis/pickleball court, playground, gym, library, party room, bike storage, and a fenced dog area. Walk to Clarkson GO Station for a 35-minute commute to Toronto. Minutes from village dining, Lakeside Park, and the beautiful Rattray Marsh Conservation Area! Turn-key lifestyle at its finest!

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active
New Listing

$565,000 - 966 Inverhouse Drive Unit 1507, Mississauga

Condo for Sale in Mississauga

New — Listed yesterday

Neighbourhood: Clarkson

3Beds
2Baths
1,000Sq Ft
Condo

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Property Details
MLS Number
W14034028
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Mississauga
Taxes (2026)
$2,883
Maintenance Fees
$887/mo
Locker
Exclusive
Exposure
West
Balcony
Terrace
Listing Brokerage
REAL ESTATE HOMEWARD
Description

High-altitude luxury living without the penthouse price tag. Perched high in the sky, this beautifully updated 3-bedroom, 2-bathroom delivers a welcoming entry foyer, sun-drenched afternoon light, and spectacular sunsets. The layout features a king-size primary bedroom complete with its own private 3-piece ensuite, alongside an elegant 4-piece main bathroom, both meticulously updated with luxury fixtures and premium counters.The heart of the home is an open-concept galley kitchen featuring premium quartz countertops that extend through the pantry and in-suite laundry area. Sleek contemporary hardwood cabinetry and a breakfast bar overlook a bright dining space and a welcoming living room. Step out onto the 10'5" x 11'3" west-facing balcony, where sleek glass railings ensure completely uninterrupted views, including a partial view of Lake Ontario. This rare, barbecue-friendly outdoor haven comes fully equipped with an external outlet for instant plug-and-play lighting or music.Parking and storage are unmatched: 1 underground spot, 1 surface spot, 1 storage locker, plus a generous, spacious in-suite storage room.Enjoy a resort lifestyle with an outdoor pool, tennis/pickleball court, playground, gym, library, party room, bike storage, and a fenced dog area. Walk to Clarkson GO Station for a 35-minute commute to Toronto. Minutes from village dining, Lakeside Park, and the beautiful Rattray Marsh Conservation Area! Turn-key lifestyle at its finest!

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Estimated Payment

$2,898.74/mo

Includes CMHC insurance ($15,764)

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5-yr fixed avg.

Principal: $508,500Interest: $345,359
Mortgage Amount$524,264
Total Interest$345,359
Est. Property Tax$400/mo
Total Cost$869,623

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.

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Neighbourhood Guide: Clarkson

Family Living with Village Charm

Clarkson is a well-established family neighbourhood in south Mississauga, known for its excellent schools, community spirit, and convenient location. The area features a mix of housing styles from post-war bungalows to modern family homes, all centered around the charming Clarkson Village core with its local shops and restaurants.

Why Live in Clarkson

  • •Excellent schools including Clarkson Secondary
  • •Charming village core with local businesses
  • •Family-friendly parks and recreation
  • •Clarkson GO Station for easy commuting
  • •Active community associations

Nearby Schools

Clarkson Secondary SchoolPublic High School
St. Therese of Lisieux CSSCatholic High School
Hillcrest Public SchoolPublic Elementary
St. Christopher Catholic SchoolCatholic Elementary

Transit & Commuting

  • •Clarkson GO Station - direct line to Union Station
  • •MiWay bus connections
  • •Easy access to QEW and Highway 403
  • •20-minute drive to Toronto Pearson Airport

Parks & Amenities

  • •Clarkson Community Centre
  • •Rattray Marsh Conservation Area
  • •Richard's Memorial Park
  • •Clarkson Village shops and restaurants
  • •Local library branch

Lifestyle & Community

Clarkson offers excellent value for families seeking good schools and a strong community. The neighbourhood provides suburban comfort with easy GO Train access for commuters.

58
Walk Score
$800K - $1.8M
Price Range

966 Inverhouse Drive Unit 1507, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$887
Property Tax (est.)-$400
Insurance (est.)-$118
Net Cash Flow+$1,355

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 $565/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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. The $887/month fees should cover building insurance, common elements, and reserve contributions.

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 Clarkson

I know Clarkson 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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    966 Inverhouse Drive Unit 1507 | $565,000 | Battaglia Team