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Listed 2 months ago

1407 - 530 Lolita Gardens NE

Mississauga Valleys, Mississauga

$439,900

Condo Apartment |
3 | 1 | 1 | 0
About this home

Beautiful large 3 BDRM condo with unique split bedroom design, lots of light! Upgraded kitchen, quartz countertop, modern stainless appliances, B/I micro & dishwasher, backsplash, b/I pantry! New electrical panel/ not fuses and also a hookup for European stack washer & dryer if desired, lovely extended new balcony & windows are new also (2024).The exterior of the building has been refaced with stucco! Very well managed building & common areas! Bathroom 4 pc renovated in 2021.Entire condo freshly painted! Immaculate condition, laminate flooring throughout, primary bedroom has IKEA extra his & hers closets. Amenities include indoor pool, gym, sauna & games room. Located in desirable neighbourhood, across from large park, greenspace, walking trails, walk to schools, transit, shopping & restaurants; easy access to 403 & QEW. A/C through the wall on main level, Portable A/C in upper levels. Watch the fireworks from your balcony. Condo fees include hydro, water, heat (electric), cable INC & internet (Bell Fibre) & (1) underground parking space. You can rent a second spot for $30/month by contacting management. Lots of spaces available (parking pass in visitors is only enforced after 11 PM). Shows Great 10++

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$928
LockerNone
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$1,799
mls© NumberW13433224
Listed ByRE/MAX WEST REALTY INC.
Heat Included
Common Elements Included
Hydro Included
Building Insurance Included
Water Included
Parking Included
Cable TV Included
CAC Included

Listing History

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

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$2,252
Property tax
$150
Heat allowance
$150
Condo fees, half counted
$464
Housing costs
$3,015 / mo

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

Down payment20% · $87,980
25-yr amortization

Income needed

$93,000

gross annual household income

Payment at 4%
$1,851 / mo
Cash down
$87,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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