1055 B Forestwood Drive, Unit 122, Mississauga, ON

$509,900
MLS#:W13504840
3 beds
2 baths
1200-1399 sqft
1.0 parking
Residential Condo & Other
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Added:Jun 30, 2026(60 days ago)
Updated:Jun 30, 2026(60 days ago)
Last Checked:3 minutes ago

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

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This townhouse located at 1055 B Forestwood Drive, Mississauga is currently for sale and has been available on SousaSells for 60 days. This property is listed at $509,900 with an estimated mortgage of $1,697* per month. It has 3 beds, 2 bathrooms, and is 1200-1399 square feet. 1055 B Forestwood Drive, Mississauga is in the Erindale neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Erindale, Mississauga.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 1200-1399 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Mississauga.

Target Buyer Match

Key Features

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

Additional Details

StatusActive
AddedJun 30, 2026 (60 days ago)
UpdatedJun 30, 2026 (60 days ago)
Last Checked3 minutes ago
Transaction TypeFor Sale

Property Details

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

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeNone

Heating & Cooling

Heat SourceOther
Heat TypeBaseboard
CoolingWindow Unit(s)

Features

Property Features

None listed

Interior Features

  • Carpet Free

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 1055 B Forestwood Drive, Unit 122, Mississauga, ON

Q.What is the asking price for 1055 B Forestwood Drive, Unit 122, Mississauga, ON ?

The current listing price for 1055 B Forestwood Drive, Unit 122, Mississauga, ON in Erindale, Mississauga is $509,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 2 bathrooms across approximately 1200-1399 sqft.

Q.What property type and architectural style is 1055 B Forestwood Drive, Unit 122, Mississauga, ON ?

1055 B Forestwood Drive, Unit 122, Mississauga, ON is a Condo Townhouse (2-Storey) featuring a Finished basement.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (None).

Q.What heating and cooling systems are installed?

Heating is provided via Other and cooling via Window Unit(s).

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Location

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1055 B Forestwood Drive, Unit 122, Mississauga, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Erindale, Mississauga

SAFETY RATING9.0 / 10
Low Incident Area
Total Annual Incidents72 incidents / yr
Average Per Month6.0 incidents / mo
Population Benchmark25,000 residents
Personal Safety
Very Low

24 assaults (96.0/100k)

Property Security
Very Low

14 B&E (56.0/100k)

Auto Theft Risk
Moderate

18 thefts (72.0/100k)

1-Year Trend
▼ 4.5%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Peel Regional Police (PRP) Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$152,970 (30.0%)
* Minimum Canadian down payment required for this price is $25,990.
Amortization Period30 Years
Estimated Monthly Payment$1,697Based on a loan of $356,930 over 30 years.
Purchase Price$509,900
Loan Amount$356,930
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.

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Erindale, Mississauga 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$1,526,718

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%

Best Schools in Erindale, Mississauga

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

Erindale, Mississauga Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied72%
Rented28%

Need more details or a custom CMA?

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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.

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