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Listed 3 months ago

404 - 32 Tannery Street

Streetsville, Mississauga

$425,000

Condo Apartment |
2 | 2 | 1 | 0
About this home

Beloved for its 'Village in the City' vibe, distinct from the urban sprawl of Mississauga, Streetsville has long been desired by home buyers. With its historic charm and walkable atmosphere, residents embrace this community while taking advantage of its conveniences. So, where better to put yourself than smack dab in the middle of it all! Welcome to Tannery Square and this 2 bedroom & 2 bathroom suite, featuring a sun drenched, and well laid out, 859 square feet, compete with SE facing balcony and underground parking space. This carpet free and move in ready unit features a clean and functional kitchen - with stainless steel appliances - that flows into a spacious living and dining room area. From the living room, you can step out onto the private and covered balcony. Perfect for a morning coffee, quiet reflection or a glass of wine in the evening. The naturally lit, primary bedroom, boasts a 30+ square foot walk-in closet and a 4-piece ensuite bathroom. In addition, there is a second bedroom, which would make for an excellent office or nursery, as well as a second 4 piece bathroom and the convenience of ensuite laundry. Having said all of that, it's the location that really shines. Just steps away from Queen St, enjoy strolls through the historic downtown area, taking in all that it has to offer. If nature is more your energy, Streetsville borders the Credit River with miles of trails and parks at your disposal. And, if you just want to get away, the GO station is less than a 10 minute walk, or hit the 401, 403 or 407 highways for your escape. All 3 are just a few short minutes away. This home has been deeply loved by its owner since 2009. Here's hoping it can provide you with the same kind of comfort for another 15+ years!

Extras

No extras listed.

TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$899
LockerNone
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,554
mls© NumberW13080690
Listed ByROYAL LEPAGE MEADOWTOWNE REALTY
Common Elements Included
Building Insurance Included
Water Included
Parking 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%
$2,175
Property tax
$213
Heat allowance
$150
Condo fees, half counted
$449
Housing costs
$2,988 / mo

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

Down payment20% · $85,000
25-yr amortization

Income needed

$92,000

gross annual household income

Payment at 4%
$1,788 / mo
Cash down
$85,000

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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