1055 A Forestwood Drive, Unit 101, Mississauga, ON

$539,000
MLS#:W12130216
3 beds
2 baths
1200-1399 sqft
1.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on May 28, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Erindale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $539,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Auto Garage Door Remote, Storage
  • equipped with window unit(s) central cooling and highly efficient water heating via other

Description

Welcome to this beautifully maintained and thoughtfully upgraded ground-floor townhouse located in the vibrant, family-friendly Erindalecommunity. This spacious home offers 3 generously sized bedrooms, 2 modern bathrooms, and a fully finished basementperfect for a homeoffice, additional living area, or entertainment space. The functional kitchen is outfitted with sleek, upgraded stainless steel appliances, whilethe open-concept living and dining area seamlessly leads to a private walk-out patio, ideal for relaxing or entertaining guests. Recent upgradesinclude fresh laminate flooring throughout, replacing carpet for a cleaner and more contemporary aesthetic, and a custom-designed Mandalaaccent wall that adds artistic flair to the living room. Custom-built shelving in all closets enhances storage and organization, and the spacioussecond-floor laundry room has been partially converted into a creative mini art studio, complete with six wall-mounted storage cabinets.Wall-mounted AC units in each room provide personalized comfort, and the home is filled with natural light. One dedicated parking spot isincluded. Perfectly situated just steps from parks, schools, shopping, public transit, libraries, and a 24-hour gym, and within walking distanceto Westdale Malloffering grocery stores, restaurants, Service Ontario, and morethis home also provides quick access to Square One, CreditValley Hospital, and major highways. As a special incentive, the owners are offering their beautiful collection of custom-designed artwork,select additional appliances, and most of their space-efficient, curated furniture for a small premiumask your realtor for the full list andpricing. Ideal for first-time buyers or those seeking a well-cared-for and creatively enhanced home in one of Mississaugas most desirableneighbourhoods, this property offers comfort, convenience, and unique character. Dont miss this rare opportunity!

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Property Summary

This townhouse located at 1055 A Forestwood Drive, Mississauga is currently for sale and has been available on SousaSells for 437 days. This property is listed at $539,000 with an estimated mortgage of $1,794* per month. It has 3 beds, 2 bathrooms, and is 1200-1399 square feet. 1055 A Forestwood Drive, Mississauga is in the Erindale neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateMay 27, 2025
Sold price information is available to members only
Listed Date5/7/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style2-Storey
ConstructionBrick
BasementFinished
CountyPeel
Annual Tax$1,864.9

Parking & Garage

Parking Total1.0
Parking Space0
Garage TypeUnderground

Heating & Cooling

Heat SourceOther
Heat TypeWater
CoolingWindow Unit(s)

Features

Property Features

Hospital, Place Of Worship, School, Public Transit

Interior Features

Auto Garage Door Remote, Storage

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Virtual Tours

Location

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1055 A Forestwood Drive, Unit 101, Mississauga, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1055 A Forestwood Drive 101, Mississauga, ON L5C 2T8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Mississauga.

Configure Loan Settings

Interest Rate4.00%
Down Payment$161,700 (30.0%)
* Minimum Canadian down payment required for this price is $28,900.
Amortization Period30 Years
Estimated Monthly Payment$1,794Based on a loan of $377,300 over 30 years.
Purchase Price$539,000
Loan Amount$377,300
Provincial Land Transfer Tax:$7,255
Total Estimated Closing Taxes:$7,255

About Purchasing a Home in Mississauga, ON

For a property listed at $539,000 in Mississauga, the legal minimum down payment is $28,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,255 for this transaction. As this listing is in Mississauga (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,255.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Erindale, Mississauga.

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$1,302,760

People & Families

Age Distribution

Household Composition

One-person households
22%
Families with children
48%
Couples without children
24%
Other households
6%

Top Ethnic Origins

Indian20%
Chinese10%
Canadian9%
English8%

Local Schools Guide

Elementary Schools

McBride Avenue
Public974 McBride Avenue, Erindale, Mississauga, Ontario, L5C 1L6
5.0
John XXIII
Public915 McBride Avenue, Erindale, Mississauga, Ontario, L5C 1M1
8.0
Hawthorn
Public2473 Rosemary Drive, Erindale, Mississauga, Ontario, L5C 1X1
7.1
Springfield
Public3251 The Credit Woodlands, Erindale, Mississauga, Ontario, L5C 2J7
6.5
St Gerard
Public1300 McBride Avenue, Erindale, Mississauga, Ontario, L5C 1M8
6.1

Secondary Schools

Erindale SS
PublicErindale, Mississauga, Ontario
6.2
The Woodlands School
Public3225 Erindale Station Road, Erindale, Mississauga, Ontario, L5C 1Y5
8.3
St. Martin
Catholic2470 Rosemary Drive, Erindale, Mississauga, Ontario, L5C 1X2
4.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied72%
Rented28%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.