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Listed 3 months ago

510 - 483 Faith Drive

Hurontario, Mississauga

$599,900

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

*Power of Sale*Beautiful 2 Bedroom, 2 Bathroom Condo For Sale With Over 1,100 Sq. Ft. Of Functional Living Space And 2 Parking Spaces. Located In The Woods End Condominium Building, This Oversized Unit Is Perfect For A Family Or Those Looking To Downsize. Featuring An Open Concept Kitchen, Living And Dining Area With Walk-Out To Balcony, Two Larger Bedrooms, Primary With Walk-In Closet And Ensuite. Building Is Surrounded By Nature, With Amenities Including Concierge, Security, Gym, Party And Meeting Room, Guest Suite And Overnight Parking. Located Within Close Proximity To Area Amenities Including Shopping, Restaurants, Schools, HWYs 401 & 403.

Extras

No extras listed.

TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$1,200
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces2
Parking FeaturesNone
Property Tax$4,435
mls© NumberW13112238
Listed BySOURCE 4 REALTY INC.
Common Elements 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%
$3,071
Property tax
$370
Heat allowance
$150
Condo fees, half counted
$600
Housing costs
$4,190 / mo

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

Down payment20% · $119,980
25-yr amortization

Income needed

$129,000

gross annual household income

Payment at 4%
$2,524 / mo
Cash down
$119,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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Comparable sales

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