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617 - 1001 Cedarglen Gate
Erindale, Mississauga
$499,999
Welcome to this beautifully updated condo in the highly sought-after Erindale community. Bright, spacious, and thoughtfully designed, this suite offers comfortable living with generous room sizes, large windows, and a functional layout perfect for both everyday living and entertaining. Enjoy the convenience of a well-managed building, excellent amenities, and a prime location close to parks, shopping, transit, and major highways. A wonderful opportunity for first-time buyers, downsizers, or anyone looking for a move-in-ready home in a fantastic neighbourhood. Welcome Home!
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| Type | Condo Apartment |
| Style | 1 Storey/Apt |
| Approx. Age | 31-50 |
| Size | 1000-1199 sq. ft. |
| Maintenance Fees | $1,084 |
| Locker | Exclusive |
| Balcony | Enclosed |
| Exposure | South East |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $2,654 |
| mls© Number | W13426444 |
| Listed By | HOMELIFE CLASSIC REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,559
- Property tax
- $221
- Heat allowance
- $150
- Condo fees, half counted
- $542
- Housing costs
- $3,472 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$107,000
gross annual household income
- Payment at 4%
- $2,104 / mo
- Cash down
- $100,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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