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Listed 2 months ago

1603 - 2177 Burnhamthorpe Road W

Erin Mills, Mississauga

$550,000

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

Welcome to Eagle Ridge Nevada, a community surrounded by nature trails in the Heart of Erin Mills! This spacious 2-bedroom, 2-bathroom corner suite offers 1,055 sq. ft. of bright living with stunning panoramic views through walls of windows. The interior features carpet-free flooring throughout, renovated bathrooms and quartz counters in the kitchen creating a space that combines style and comfort. Enjoy the convenience of six included appliances, ensuite laundry, one underground parking space, and a storage locker. Maintenance fees provide exceptional value, covering all utilities, Rogers VIP Cable TV, and high-speed internet. Residents of Eagle Ridge enjoy 24-hour gated security and an impressive selection of amenities, including an indoor pool, fitness centre, squash/racquet court, Party Room, car wash area, children's playground, beautifully landscaped gardens and a BBQ area. Ideally located within walking distance to South Common Mall and a new community centre and library opening in 2027.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age31-50
Size1000-1199 sq. ft.
Maintenance Fees$1,175
LockerOwned
BalconyNone
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,215
mls© NumberW13462548
Listed ByEXP REALTY
Heat Included
Water Included
Hydro Included
Common Elements Included
CAC Included
Cable TV Included
Building Insurance Included

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%
$2,815
Property tax
$268
Heat allowance
$150
Condo fees, half counted
$588
Housing costs
$3,821 / mo

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

Down payment20% · $110,000
25-yr amortization

Income needed

$118,000

gross annual household income

Payment at 4%
$2,314 / mo
Cash down
$110,000

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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