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New1 hour ago

1214 - 55 Elm Drive

City Centre, Mississauga

$479,900

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

This spacious unit 1027 SQFT with 2Baths and 2 Parking spots , Move In Ready. Features: Large Den Currently Used For 2Nd Bedroom, Modern Kitchen with Granite Countertops, Primary Bedroom with 4pc Ensuite and Walk In Closet, Laminate Flooring, Stunning, Unobstructed Views That Captivate Throughout the Entire Space. Exceptional Amenities including: An Exercise room, Games Room, Fully Equipped Gym, Indoor Pool, and Sauna. The building also Features a Party/Meeting Room, a Rooftop Deck Garden, a Security System, and Squash/Racket and Tennis Courts. BBQ Facility, and the Ample Visitor Parking . Ideally located in prime central Mississauga with easy access to Public Transit, Square One Shopping, Celebration Square, Restaurants, Schools, Parks, Major Highways, Future LRT .

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$959
LockerEnsuite
BalconyNone
ExposureSouth West
Parking TypeUnderground
Parking Spaces2
Parking FeaturesNone
Property Tax$3,013
mls© NumberW13786006
Listed BySUTTON GROUP REALTY SYSTEMS INC.
Heat Included
Water Included
Hydro Included
Cable TV Included
Common Elements Included
Building Insurance Included
Parking Included
CAC 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%
$2,456
Property tax
$251
Heat allowance
$150
Condo fees, half counted
$479
Housing costs
$3,337 / mo

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

Down payment20% · $95,980
25-yr amortization

Income needed

$103,000

gross annual household income

Payment at 4%
$2,019 / mo
Cash down
$95,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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