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New2 hours ago

2004 - 220 Burnhamthorpe Road W

City Centre, Mississauga

$529,000

Condo Apartment |
1 + 1 | 2 | 1 | 1
About this home

Don't miss out on this great opportunity in the heart of downtown Mississauga. This bright 1-bedroom plus den corner unit condo offers a spacious open-concept layout with 9-ft ceilings, a private balcony, and lake views. Freshly painted and move-in ready, the unit features updated vinyl flooring throughout, ensuite laundry, new roll-down blinds in the bedroom, updated LED light fixtures, and plenty of storage in both the front and bedroom closets. The den adds valuable flexibility and works well as a home office, dining area, or additional living space. Parking and a locker are both included, and a major bonus is that heat, hydro, water, and gas are all included in the condo fees. The building offers an impressive range of amenities, including a 24-hour concierge, indoor pool, hot tub, sauna, fitness centre, guest suites, party and meeting rooms, theatre room, games room, terrace garden, putting green, children's play area, outdoor BBQs, and a car wash station. The location is hard to beat, with Square One, Celebration Square, Hazel McCallion Central Library, restaurants, cafes, grocery stores, MiWay transit, Cooksville GO Station, Trillium Mississauga Hospital, major highways, and the future Hazel McCallion LRT all close by. A great opportunity to own a well-kept, move-in-ready condo with excellent amenities, parking, storage, and everything downtown Mississauga has to offer just outside your door.

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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
Size700-799 sq. ft.
Maintenance Fees$650
LockerOwned
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,394
mls© NumberW13760380
Listed ByRE/MAX PROFESSIONALS INC.
Heat Included
Common Elements Included
Hydro Included
Building Insurance Included
Water Included
CAC Included
Parking Included

Listing History

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

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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$2,708
Property tax
$283
Heat allowance
$150
Condo fees, half counted
$325
Housing costs
$3,465 / mo

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

Down payment20% · $105,800
25-yr amortization

Income needed

$107,000

gross annual household income

Payment at 4%
$2,226 / mo
Cash down
$105,800

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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