401-1275 Silver Spear Rd
Applewood, Mississauga, Ontario L4Y 2W7
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 600–699sq ft
- Per sq ft
- $554at the range’s middle
- Parking
- 1none
- Days on market
- Members
The brief
About 401-1275 Silver Spear Rd
401-1275 Silver Spear Rd is a 1-bedroom, 1-bathroom condo in Applewood, Mississauga, listed for sale at an asking price of $359,999 (MLS® W12853372).
Bright, spacious and move-in ready 1-bed, 1-bath co-op in the heart of sought-after Applewood. Enjoy affordable, low-maintenance living with a monthly fee of $607.88 that includes utilities, PROPERTY TAXES, and cable, making budgeting simple and predictable.This well-maintained unit is located in a quiet, rarely available low-rise building surrounded by mature trees and a strong sense of community. The unit includes exclusive use of a parking space and storage locker. Inside, the bright layout features a dining area, a newly updated bathroom, and a private balcony, perfect for relaxing. Applewood is one of Mississauga's most established neighbourhoods, known for its convenience and community feel. Just minutes from Square One, Sherway Gardens, parks, schools, and everyday amenities, with easy access to highways 427, QEW, Gardiner, and 401, plus nearby MiWay transit.
Insights
Condition Score
Good76/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall44/100−$351/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 5 condos with 1 bedroom for lease in Applewood right now. Cost of owning counts the mortgage and the condo fee. This record states no property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- MLS® number
- W12853372
- Board
- TRREB MLS®
- Property Type
- Co-Op Apt
- Days on market
- Size
- 600-699 sqft
- Listed on
- Parking
- None, 1 Parking
Property details
Property
- Property Type
- Co-Op Apt
- Style
- Apartment
- Community
- Applewood
- Municipality
- Mississauga
Building
- Size
- 600-699 sqft
- Construction
- Brick
Inside
- Bedrooms
- 1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc
- Basement Type
- None
- 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
- White Frigidaire Refrigerator, White Whirlpool Stove, all ELFs, all window coverings and hardware, all afixed shelving
- Condo maint.
- $608
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 401-1275 Silver Spear Rd, 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 | $359,999 | N/A | Pc | W12853372 |
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
- $72,000
- Total mortgage amount
- $287,999
- Total interest payment
- $204,901
- Total purchase cost
- $564,900
- Mortgage payment
- $1,643/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
37%Monthly carrying cost
$2,251- Rent $1,900
- Shortfall $351
Rental income opens at $1,900, the median asking rent of 5 comparable homes for lease in Applewood. 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
- $3,875
- Total land transfer tax
- $3,875
- First-time buyer rebates (Ontario up to $4,000)
- −$3,875
- Total for first-time buyers
- $0
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 $359,999
- $1,650
- Ontario total
- $3,875
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 conservation3
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m9 test or monitoring holes also recorded.250 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 4.2 km4.2 km
Province of Ontario open data
Around the home1
- 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
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is The Dodge Company (Canada), 1.6 km away. Only facilities above the inventory’s reporting thresholds are listed.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 this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: 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, Toronto and Region Conservation Authorityor 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 the Toronto and Region Conservation Authority Open Data Licence v1.0.
The market
Condos for sale in Applewood right now
- For sale now
- 29
- Median asking price
- $540K
- New in 7 days
- 3
- Price cuts
- 10%
Middle half: $475K to $630K
12 in 28 days
3 listings
This home is asking 33% below the median, lower than three quarters of them.
See all homes in ApplewoodAsking 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
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Dixie Station | MiWay bus rapid transit: Transitway | 1.4 km |
| Tomken Station | MiWay bus rapid transit: Transitway | 1.6 km |
| Cawthra Station | MiWay bus rapid transit: Transitway | 1.9 km |
| Tahoe Station | MiWay bus rapid transit: Transitway | 2.1 km |
| Dixie GO | GO Transit train: Milton | 2.5 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, 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.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Burnhamthorpe Public SchoolPeel DSB | Public · grades JK–6 · French Immersion | 600 m | 74%Grade 3 average |
| St Sofia SchoolDufferin-Peel CDSB | Catholic · grades JK–8 | 700 m | 83%Grade 6 average |
| St Basil SchoolDufferin-Peel CDSB | Catholic · grades JK–8 | 750 m | 80%Grade 6 average |
| ÉÉC René-LamoureuxConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 2.6 km | 98%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Glenforest Secondary SchoolPeel DSB | Public · grades 9–12 | 1.2 km | 58%Grade 9 math |
| Applewood Heights Secondary SchoolPeel DSB | Public · grades 9–12 · French Immersion | 1.4 km | 59%Grade 9 math |
| John Cabot Catholic Secondary SchoolDufferin-Peel CDSB | Catholic · grades 9–12 | 1.6 km | 46%Grade 9 math |
| Philip Pocock Catholic Secondary SchoolDufferin-Peel CDSB | Catholic · grades 9–12 · French Immersion | 1.8 km | 61%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 Applewood are shown to signed-in members.