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New3 hours ago

1906 - 1665 The College Way

Erin Mills, Mississauga

$699,999

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

Rare and beautiful large apartment in a premier retirement building nestled in the heart of Mississauga. Situated on the grounds of the historic Glen Erin Inn, this oversized unit is one of only three in the building; 2 units put together! Boasting double the space of standard suites, ensuring you have ample room to relax and entertain. 9 foot ceilings create an open, spacious atmosphere. Take in the breathtaking views from 2 private balconies. Primary bedroom features 2 walk-in closets, walk-out balcony and ensuite bathroom. Large parking space close to elevator. Embrace independent living with the peace of mind provided by the 24-hour concierge and healthcare staff, ensuring that your needs are always met. Eat in the elegant Dining room or have delicious food ordered to your room. Engage in a vibrant community with a wide array of activities, from fitness classes to salon/spa, all conveniently located within the building.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1400-1599 sq. ft.
Maintenance Fees$1,676
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$6,472
mls© NumberW14083204
Listed ByRIGHT AT HOME REALTY
Water Included
Parking Included
Cable TV Included

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,583
Property tax
$539
Heat allowance
$150
Condo fees, half counted
$838
Housing costs
$5,110 / mo

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

Down payment20% · $140,000
25-yr amortization

Income needed

$157,000

gross annual household income

Payment at 4%
$2,946 / mo
Cash down
$140,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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