1387 Underwood Dr is a 3-bedroom, 2-bathroom detached home in Mississauga, listed for $997,000. It has 1100-1500 sq ft of living space.
1Welcome to 1387 Underwood Drive, ideally located in a desirable Mississauga neighbourhood!
2This inviting 3-bedroom home offers comfortable living space, complemented by a finished basement providing valuable additional space for family living, entertaining or a home office.
3Perfect for families, first-time buyers or those looking for a wonderful place to call home.
Welcome to 1387 Underwood Drive, ideally located in a desirable Mississauga neighbourhood! This inviting 3-bedroom home offers comfortable living space, complemented by a finished basement providing valuable additional space for family living, entertaining or a home office. Perfect for families, first-time buyers or those looking for a wonderful place to call home. Conveniently situated close to schools, parks, shopping, restaurants, public transit and major highways. A fantastic opportunity to own in an established and convenient neighbourhood. Don't miss it!
3 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $906 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 1387 Underwood Dr
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
1100-1500 sq ftas stated on the listing
Lot size
30.15 x 150.00 Feet4380.91 sq ft
Parking
5 spacesYes garage
Basement
Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
5
Interior
Basement
Finished
Lot & land
Lot dimensions
30.15 x 150.00 Feet
Lot size (sqft)
4380.91
Listing & possession
Property style
2-Storey
Property class
Detached
1387 Underwood Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W14168116$997,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1387 Underwood Dr Compares to the Mississauga Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$4,898
/mo
based on the purchase price of $997,000
$199,400 cash
$797,600 financed
$671,789 total interest
Principal54%$797,600
Interest46%$671,789
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Mississauga
Other 3–4 bed homes for sale in Mississauga around $997K.
Average days on market34Homes sold in about 34 days on average.
Sale-to-list ratio97.5%On average, homes sold below asking.
Active listings2,927Homes for sale here right now.
Median vs prior 90 days−0.9%Compared with May 14 – Aug 12, 2026: prices down.
Based on 2,154 sales from Aug 12 – Nov 10, 2026 (1,674 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 1387 Underwood Dr
How much is 1387 Underwood Dr listed for?
1387 Underwood Dr is listed at $997,000 (MLS® W14168116). Summitly updates the price as soon as the MLS® record changes.
Is $997,000 a good price for 1387 Underwood Dr?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Mississauga. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1387 Underwood Dr changed?
No — 1387 Underwood Dr is still listed at its original asking price of $997,000.
How many bedrooms and bathrooms does 1387 Underwood Dr have?
1387 Underwood Dr has 3 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a detached home in Mississauga.
How much would the monthly mortgage be on 1387 Underwood Dr?
About $4,898 a month — principal and interest on $997,000 with 20% down ($199,400), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1387 Underwood Dr compare with other homes in Mississauga?
Its asking price of $997,000 is about 14% above the median sold price in Mississauga over the last 90 days, $872,250, across 2,154 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1387 Underwood Dr been sold before?
Summitly has no earlier MLS® sale or lease of 1387 Underwood Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1387 Underwood Dr?
1387 Underwood Dr is in Mississauga, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1387 Underwood Dr been on the market?
1387 Underwood Dr was listed today (November 10, 2026).
What is the price per square foot of 1387 Underwood Dr?
About $665 to $906 per square foot: the asking price of $997,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 1387 Underwood Dr have parking or a garage?
Yes — the listing gives 5 parking spaces. Garage: Yes.
Does 1387 Underwood Dr have a basement, and is it finished?