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Price Change$835,000

52 - 5420 Fallingbrook Drive

East Credit, Mississauga

$775,000

Condo Townhouse |
3 | 3 | 2 | 0
About this home

Bright, well-kept townhouse with low maintenance fees. Spacious primary bedroom with walk-in closet plus generous size bedrooms offer comfortable living. The fully finished basement adds practical extra space for a rec room, home office, or guests.A modern kitchen features stainless steel appliances with a newer dishwasher and gas stove. Low condo fee of approx. $150/mth keeps monthly costs down while still covering shared services-perfect for budget-conscious first-time buyers. Recent updates include a roof replacement (Aug 2022) and an owned hot water tank.Quiet, family-friendly community with private road entrance, playground nearby, and walking distance to highly rated schools (including St. Joseph's), grocery stores, and Shoppers Drug Mart. A move-in-ready home that checks the boxes for first-time & move up buyers seeking space, outdoor living, and manageable carrying costs

Extras

No extras listed.

TypeCondo Townhouse
Style2-Storey
Approx. AgeNot available
Size1400-1599 sq. ft.
Maintenance Fees$151
LockerNone
BalconyNone
ExposureSouth
Parking TypeAttached
Parking Spaces2
Parking FeaturesPrivate
Property Tax$4,500
mls© NumberW13464818
Listed ByRE/MAX PARADIGM REAL ESTATE
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%
$3,967
Property tax
$375
Heat allowance
$150
Condo fees, half counted
$76
Housing costs
$4,568 / mo

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

Down payment20% · $155,000
25-yr amortization

Income needed

$141,000

gross annual household income

Payment at 4%
$3,261 / mo
Cash down
$155,000

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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