122-1055 B Forestwood Dr
Erindale, Mississauga, Ontario L5C 2T8
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1,200–1,399sq ft
- Per sq ft
- $392at the range’s middle
- Tax a year
- $2,1212026 tax year
- Parking
- 1none
- Days on market
- Members
The brief
About 122-1055 B Forestwood Dr
122-1055 B Forestwood Dr is a 3-bedroom, 2-bathroom condo townhouse in Erindale, Mississauga, listed for sale at an asking price of $509,900 (MLS® W13504840).
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
Insights
Condition Score
Good76/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even55/100−$174/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 52 condos with 3 bedrooms for lease in Mississauga right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $2,121 / 2026
- MLS® number
- W13504840
- Board
- TRREB MLS®
- Property Type
- Condo Townhouse
- Days on market
- Size
- 1200-1399 sqft
- Listed on
- Parking
- None, 1 Parking
Property details
Property
- Property Type
- Condo Townhouse
- Style
- 2-Storey
- Community
- Erindale
- Municipality
- Mississauga
Building
- Size
- 1200-1399 sqft
- Construction
- Brick
Inside
- Bedrooms
- 3
- Bathrooms
- 2
- Bathroom Details
- 1 × 3pc 2nd, 1 × 2pc Ground
- Basement Type
- Finished
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 1
- Total Parking
- 1
Utilities
- Cooling
- Window Unit
- Heating Type
- Baseboard
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- One fridge, stove, washer, dryer, all draperies, all electrical and light fixtures
- Condo maint.
- $970
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.18 × 6.73 m | Laminate, Window, Open Concept | Main |
| Dining | 2.48 × 3.32 m | Laminate, Window, Open Concept | Main |
| Kitchen | 2.1 × 3.56 m | Tile Floor, Stainless Steel Appl, Backsplash | Main |
| Primary | 3.34 × 4.46 m | Closet, Window | 2nd |
| 2nd Br | 2.44 × 4.16 m | Closet, Window | 2nd |
| 3rd Br | 3.02 × 3.2 m | Closet, Window | 2nd |
| Rec | 4.67 × 5.16 m | Finished, Laminate | Bsmt |
Listing history
Buy/sell history for 122-1055 B Forestwood Dr, Mississauga, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $509,900 | N/A | For Sale | W13504840 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $101,980
- Total mortgage amount
- $407,920
- Total interest payment
- $290,180
- Total purchase cost
- $800,080
- Mortgage payment
- $2,327/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
26%Monthly carrying cost
$3,474- Rent $3,300
- Shortfall $174
Rental income opens at $3,300, the median asking rent of 52 comparable homes for lease in Mississauga. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $6,673
- Total land transfer tax
- $6,673
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $2,673
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $509,900
- $2,198
- Ontario total
- $6,673
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation5
- Not in Credit Valley Conservation’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m1 test or monitoring hole also recorded.250 m
- Groundwater recorded about 2.7 m below ground nearbyThe middle water level in the well records within 500 m (10 records). It changes with the season and from spot to spot.500 m
- Bedrock about 2.6 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m
Credit Valley Conservation · Province of Ontario open data
Planning and building activity1
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
Province of Ontario open data
Around the home2
- Nearest rail line: 860 m860 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Siltech Corporation — Mississauga Plant, 930 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Alectra Utilities CorporationAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.40 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell. Cable: Rogers. DSL: Bell. Fixed wireless: QuaenetFi, Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Credit Valley Conservationor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under Credit Valley Conservation Open Data Licence v1.0.
The market
Condos for sale in Erindale right now
- For sale now
- 11
- Median asking price
- $730K
- New in 7 days
- 1
- Price cuts
- 27%
Middle half: $597K to $750K
4 in 28 days
3 listings
This home is asking 30% below the median, lower than three quarters of them.
See all homes in ErindaleAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Erindale GO | GO Transit train: Milton | 2 km |
| Cooksville GO | GO Transit train: Milton | 3.1 km |
| Mississauga City Centre Transit Terminal | Brampton Transit bus rapid transit: Züm Main | 3.8 km |
| Erin Mills Station | MiWay bus rapid transit: Transitway | 4.5 km |
| Port Credit GO | GO Transit train: Lakeshore West | 4.7 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; MiWay schedule data (GTFS) from the City of Mississauga under the City of Mississauga Terms of Use; Brampton Transit schedule data (GTFS) from the City of Brampton under the Creative Commons Attribution 4.0 licence (CC BY 4.0), downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. MiWay's schedule data is publicly available from the City of Mississauga under its Terms of Use. Brampton Transit data © City of Brampton; Valery selected the Züm stations from it and grouped their stops.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| McBride Avenue Public SchoolPeel DSB | Public · grades JK–6 | 400 m | 65%Grade 6 average |
| St. John XXIII Catholic Elementary SchoolDufferin-Peel CDSB | Catholic · grades JK–8 | 550 m | 95%Grade 6 average |
| Springfield Public SchoolPeel DSB | Public · grades JK–6 · French Immersion | 800 m | 67%Grade 6 average |
| ÉÉC Saint-Jean-BaptisteConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 2.6 km | 76%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| The Woodlands Secondary SchoolPeel DSB | Public · grades 9–12 | 350 m | 74%Grade 9 math |
| St Martin Secondary SchoolDufferin-Peel CDSB | Catholic · grades 9–12 | 850 m | 61%Grade 9 math |
| Father Michael Goetz Secondary SchoolDufferin-Peel CDSB | Catholic · grades 9–12 | 2.5 km | 44%Grade 9 math |
| Erindale Secondary SchoolPeel DSB | Public · grades 9–12 | 3 km | 59%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Erindale are shown to signed-in members.