1055 B Forestwood Drive, Mississauga, ON

$509,900
MLS#:W13504840
3 beds
2 baths
1200-1399 sqft
1.0 parking
Residential Condo & Other
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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 $509,900 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
  • Notable attributes: Carpet Free
  • equipped with window unit(s) central cooling and highly efficient baseboard heating via other

Description

3-Bedrooms Townhome in Mississauga Step into this well-maintained 3-bedroom, 1.5-bath townhouse ideally located in the heart of Mississauga. Featuring a modern, upgraded kitchen with a sleek backsplash, this home offers a bright open-concept living and dining space-perfect for both everyday living and entertaining.The second level boasts brand-new flooring, generously sized bedrooms with ample closet space, and an updated bathroom with a contemporary finish. Enjoy the added convenience of second-floor laundry and extra storage.A fully finished basement provides versatile space ideal for a home office, gym, or recreation room. One dedicated parking spot is included.Situated in a well-managed, family-friendly complex close to top-rated schools, shopping, dining, parks, and major highways-this home offers both comfort and accessibility.An excellent opportunity for families, first-time buyers, or investors. Priced to sell-book your showing today

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Key Features

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

Additional Details

StatusActive
Listed Date6/30/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style2-Storey
ConstructionBrick
BasementFinished
CountyPeel
Annual Tax$2,121.4

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceOther
Heat TypeBaseboard
CoolingWindow Unit(s)

Features

Property Features

Interior Features

Carpet Free

Security Features

Community Features

Location

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1055 B Forestwood Drive, 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 B Forestwood Drive 122, 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.

Market Trend
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Mortgage & Affordability Audit

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

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Interest Rate5.25%
Down Payment$25,990 (5.1%)
* Minimum Canadian down payment required for this price is $25,990.
Amortization Period25 Years
Estimated Monthly Payment$2,884Based on a loan of $483,910 over 25 years.
Purchase Price$509,900
Loan Amount$483,910
Provincial Land Transfer Tax:$6,673
Total Estimated Closing Taxes:$6,673

About Purchasing a Home in Mississauga, ON

For a property listed at $509,900 in Mississauga, the legal minimum down payment is $25,990 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 $6,673 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 $6,673.

Nearby Listings

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No current listings found in Mississauga.

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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$1,325,895

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
Hawthorn
Public2473 Rosemary Drive, Erindale, Mississauga, Ontario, L5C 1X1
7.1
John XXIII
Public915 McBride Avenue, Erindale, Mississauga, Ontario, L5C 1M1
8.0
Springfield
Public3251 The Credit Woodlands, Erindale, Mississauga, Ontario, L5C 2J7
6.5
St Jerome
Public790 Paisley Boulevard West, Cooksville, Mississauga, Ontario, L5C 3P5
5.6

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.