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New3 hours ago

950 Fredonia Drive

Erindale, Mississauga

$2,948,000

Detached|2-Storey
5 | 6 | 9
About this home

MOTIVATED SELLER! Presenting 950 Fredonia Dr! A remarkable estate where timeless elegance, grand proportions & refined architectural design come together in Erindale, one of Mississauga's most coveted luxury communities. Spanning over 6,000 sq. ft. of living space, this impressive 5 bed, 6 bath residence makes a striking first impression w/its stately facade & 3 car garage. Step inside, where soaring & coffered ceilings, expansive windows, pot lights, wainscotting & architectural details create a sense of luxury. At the centre, the chef's kitchen features built-in s/s appliances, granite counters, custom cabinetry, custom backsplash, pantry & large centre island overlooking the breakfast area w/a w/o to the deck & 2 way gas fireplace shared w/the family room, where framed arched openings add architectural character & elegant flow. Designed for memorable gatherings, the formal living room showcases a dramatic circular tray ceiling, while the dining room features an elegant recessed tray ceiling w/statement lighting. Upstairs, the primary suite is a private retreat beneath vaulted ceilings, complete w/his & hers closets & a luxurious 5pc ensuite w/dual sinks, soaker tub, walk-in shower & elegant fixtures. Four additional beds w/dedicated closet space & ensuite complete this level. Two staircases add convenience & flexibility. The finished walk-up lower level extends the living space w/a rec room, custom theatre, & gym, offering excellent potential for multi generational living. Outside, the professionally landscaped & fully fenced backyard offers exceptional privacy w/a deck & patio, perfect for entertaining. Ideally situated moments from Mississauga Golf & Country Club, the Credit River, scenic parks & trails, renowned schools & more, this exceptional estate offers a lifestyle of elegance & distinction.*UPGRADES INCL.refreshed exterior stucco & driveway, fresh paint throughout, upgraded kitchen, new upper level flooring, renovated primary ensuite, new A/C & furnace.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. Age16-30
Size3500-5000 sq. ft.
Property Tax$18,821
Lot Size39.5 ft x 122.49 ft
mls© NumberW13746026
Listed BySAM MCDADI REAL ESTATE INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$15,089
Property tax
$1,568
Heat allowance
$150
Housing costs
$16,808 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $589,600
25-yr amortization

Income needed

$517,000

gross annual household income

Payment at 4%
$12,406 / mo
Cash down
$589,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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