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New4 hours ago

111 - 4900 Glen Erin Drive

Central Erin Mills, Mississauga

$479,999

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

Your Chance To Own In The Miracle in Mississauga Building! This Bright And Spacious 2 Bedroom And 2 Washroom Ground Floor Suite. No Elevator Wait Times! Your Own Private Terrace Backyard With Direct Walkout. Modern Eat In Kitchen, Walk Out From Living Room To Terrace. Can Bring Groceries From Parking Right To Your Unit. Located Right Across The Street From Erin Mills Town Center. 13,000 Sq Ft Rec Centre With Indoor Pool, Theatre, Rooftop Terrace, Virtual Golf & Many More.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age11-15
Size900-999 sq. ft.
Maintenance Fees$834
LockerOwned
BalconyTerrace
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,784
mls© NumberW14113700
Listed ByREALTY WEALTH GROUP INC.
Heat Included
Hydro Included
Water Included
CAC Included
Common Elements Included
Building Insurance 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%
$2,457
Property tax
$315
Heat allowance
$150
Condo fees, half counted
$417
Housing costs
$3,339 / mo

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

Down payment20% · $96,000
25-yr amortization

Income needed

$103,000

gross annual household income

Payment at 4%
$2,020 / mo
Cash down
$96,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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