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Listed 2 months ago

1606 - 1535 LAKESHORE Road E

Lakeview, Mississauga

$649,999

Condo Apartment |
3 | 2 | 1 | 1
About this home

This spacious and well appointed condo gives you everything you'd want in a house without the price tag or the extra work!! PLUS you get to enjoy Million $$$ views of every exposure but South from 2 balconies. Stunning views of Lakeview Golf Club, Toronto skyline (and sunrise) to the east & gorgeous sunsets to the west. You can see for miles in every direction!! A commuter's paradise, minutes to Long Branch GO & Loop. BONUS - Premium DOUBLE parking space, can fit 2 small cars!!! Big family gatherings? NO problem! Enjoy a perfectly manicured private green space behind the building for family BBQ's. A HUGE yard without the work!! And, if that's not enough, you're directly across from the lake, Marie Curtis Park & the Waterfront Trail! But wait, there's more...you can look forward to brand new amenities currently being renovated. Gym, Squash/racket court, Guest suites, Indoor pool, Party/Meeting Room, Tennis Court, Bike Storage, Community BBQ, Sauna, Ping Pong, Library. This is an affordable option for a family needing 3 bedrooms. All utilities plus cable and Rogers internet are incl. in the fees. Why pay all this plus house insurance when you can have it all here?? 3 Spacious bedrooms, 2 full bathrooms, an eat in kitchen, 2 balconies and a laundry room with extra storage. Cozy as is or renovate into your paradise in the sky!

Extras

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Got questions?

Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1400-1599 sq. ft.
Maintenance Fees$1,168
LockerExclusive
BalconyOpen
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,648
mls© NumberW13421056
Listed BySUTTON GROUP - SUMMIT REALTY INC.
Heat Included
Common Elements Included
Hydro Included
Building Insurance Included
Water Included
Parking Included
Cable TV Included
CAC 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%
$3,327
Property tax
$304
Heat allowance
$150
Condo fees, half counted
$584
Housing costs
$4,365 / mo

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

Down payment20% · $130,000
25-yr amortization

Income needed

$134,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$130,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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