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Listed 2 months ago

617 - 1001 Cedarglen Gate

Erindale, Mississauga

$499,999

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

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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Got questions?

Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age31-50
Size1000-1199 sq. ft.
Maintenance Fees$1,084
LockerExclusive
BalconyEnclosed
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,654
mls© NumberW13426444
Listed ByHOMELIFE CLASSIC REALTY INC.
Heat Included
Hydro Included
Water Included
CAC Included
Common Elements Included
Building Insurance 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%
$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.

Down payment20% · $100,000
25-yr amortization

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 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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