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Listed 3 months ago

202 - 483 Faith Drive

Hurontario, Mississauga

$629,000

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

Welcome to Unit 202 at 483 Faith Drive. This expansive, approximately 1,100-square-foot suite offers a rare combination of generous space and modern elegance. The home underwent a comprehensive renovation just five years ago, resulting in a pristine, contemporary kitchen and fully updated bathrooms that still feel brand new. The true value of this property is its absolute turn-key condition; you can move in with complete peace of mind, knowing you won't face the stress or expense of immediate post-closing renovations. Featuring a bright, welcoming layout, two spacious bedrooms, two full bathrooms, and one dedicated underground parking space, this suite has been meticulously cared for. Located in the heart of the Heartland neighborhood with quick access to transit, shopping, and major routes. A beautiful, move-in-ready space waiting for its next chapter.

Extras

No extras listed.

TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$1,260
LockerOwned
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$4,249
mls© NumberW13134670
Listed ByCENTRAL HOME 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%
$3,220
Property tax
$354
Heat allowance
$150
Condo fees, half counted
$630
Housing costs
$4,353 / mo

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

Down payment20% · $125,800
25-yr amortization

Income needed

$134,000

gross annual household income

Payment at 4%
$2,647 / mo
Cash down
$125,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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