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Listed 2 months ago

625 - 1000 Cedarglen Gate

Erindale, Mississauga

$487,995

Condo Apartment |
3 | 3 | 1 | 0
About this home

1,500+ sq.ft penthouse-style unit in the highly sought-after Huron Park community! This sun-filled, 2-story residence offers 3 bedrooms and 3 bathrooms with an expansive townhouse-like layout. Featuring one of the few wood-burning fireplace in the entire building, and three private terraces, this home offers pure comfort and convenience. The updated eat-in-kitchen features granite countertops, stainless steel appliances and tons of storage space. The updated eat-in kitchen boasts granite countertops, stainless steel appliances, a breakfast bar, and walk-out balcony with Western exposure - perfect for watching the sunset! The main level includes a versatile 3rd bedroom (perfect for a home office) and a modern powder room with in-suite laundry. Upstairs, discover two massive primary-style bedrooms, each with its own updated ensuite, walk-in closet, and private south-facing terrace. Wait till you see the Toronto and Mississauga skyline views from each balcony. With public transit, grocery stores, restaurants, and the University of Toronto Mississauga (UTM) just a short walk away, you'll love the lifestyle this location offers. Just a short drive to Port Credit on the water & Downtown Toronto! Don't miss your opportunity to own this rare gem in a sought-after neighbourhood. Pet-friendly building!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
Style2-Storey
Approx. Age16-30
Size1400-1599 sq. ft.
Maintenance Fees$1,357
LockerNone
BalconyTerrace
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,722
mls© NumberW13234636
Listed ByEngel & Volkers Oakville
Water Included
Cable TV Included
Common Elements 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%
$2,498
Property tax
$310
Heat allowance
$150
Condo fees, half counted
$679
Housing costs
$3,637 / mo

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

Down payment20% · $97,599
25-yr amortization

Income needed

$112,000

gross annual household income

Payment at 4%
$2,054 / mo
Cash down
$97,599

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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