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New3 hours ago

2504 - 3883 Quartz Road

City Centre, Mississauga

$415,000

Condo Apartment |
1 | 1 | 0 | 1
About this home

Ready to call the new prestigious M2 condos your home! You don't need to look any further than this well designed and modern one bedroom and one bathroom condo. This will be your slice of pie in the sky as it is situated on the 25th floor with an unobstructed view of Lake Ontario that you can enjoy from your large balcony. The unit has everything including an open concept kitchen with built in appliances as well as a spacious bathroom with a shower and a high ceiling area. The property which boasts 2 glistening towers that create an impact factor for the Mississauga skyline has numerous amenities. These included an outdoor pool, party room, modern and well-equipped gym, 24-hour concierge, lounges with fireplace, rooftop skating rink, children's playroom, movie theatre, sauna, steam room and community BBQ area. The buildings also have certain retail stores at the ground level and is diagonal to Square One shopping centre where you will find almost all your daily item requirements.

Extras

No extras listed.

TypeCondo Apartment
Style1 Storey/Apt
Approx. Age0-5
Size500-599 sq. ft.
Maintenance Fees$407
LockerOwned
BalconyTerrace
ExposureSouth
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$2,440
mls© NumberW13631572
Listed BySUTTON GROUP KINGS CROSS INC.
Common Elements 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%
$2,124
Property tax
$203
Heat allowance
$150
Condo fees, half counted
$204
Housing costs
$2,681 / mo

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

Down payment20% · $83,000
25-yr amortization

Income needed

$82,000

gross annual household income

Payment at 4%
$1,746 / mo
Cash down
$83,000

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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