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New3 hours ago

1112 - 2177 Burnhamthorpe Road

Erin Mills, Mississauga

$395,888

Condo Apartment |
1 + 1 | 1 | 1 | 1
About this home

Affordable, spacious (750 sq. feet), clean and well-maintained 1+1 bedroom condo. Located in a mature, safe and gated community. 11th floor unit offers lake views to the south with an abundance of natural light. Features a large bedroom, walk-in closet, good size den that doubles as a nursery or study room. Laminate floors throughout...no carpet, updated bathroom with newer vanity boasting soft-close doors. Care-free maintenance fee includes all utilities plus Rogers high-speed internet, VIP cable for 2 tv's, 1 underground parking, 1 locker, 24 hour live security & access to multi-activity recreation center. Quaint community backing onto a wooded ravine with nature trails. Conveniently located across from South Common Mall with access to a major transit hub, shopping, banks, restaurants, public library, schools and more.

Extras

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$870
LockerOwned
BalconyNone
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,611
mls© NumberW13646208
Listed ByRE/MAX REALTY SPECIALISTS INC.
Heat Included
Common Elements Included
CAC Included
Cable TV Included
Water Included
Parking Included
Hydro Included
Building Insurance 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%
$2,026
Property tax
$218
Heat allowance
$150
Condo fees, half counted
$435
Housing costs
$2,829 / mo

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

Down payment20% · $79,178
25-yr amortization

Income needed

$87,000

gross annual household income

Payment at 4%
$1,666 / mo
Cash down
$79,178

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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