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| Cable TV Included | |
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16 - 7251 Copenhagen Road
Meadowvale, Mississauga
$685,000
Space, character & a fantastic Meadowvale location! This bright 3-bedroom multi-level end-unit townhome offers the feel of a house with multiple living areas, an attached garage & private backyard. The standout living room features a soaring cathedral ceiling & wood-burning fireplace, overlooked by a separate dining room for a unique open feel. Large eat-in kitchen with Juliette balcony plus 3 generous bedrooms with excellent closet space. The finished lower level adds valuable bonus space with a gas fireplace & double-door walkout to the backyard-perfect for a family room, office or kids' zone. Direct garage access + private driveway parking. Over 2300 sq ft of living space! Set in an established community close to Lake Aquitaine, trails, parks, schools, Meadowvale Community Centre, shopping, transit, GO Station & Hwys 401/407. A lot of home in a great neighbourhood!
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Listing History
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,506
- Property tax
- $291
- Heat allowance
- $150
- Condo fees, half counted
- $308
- Housing costs
- $4,255 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$131,000
gross annual household income
- Payment at 4%
- $2,883 / mo
- Cash down
- $137,000
Assumes no other monthly debts · 25-yr amortization
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