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| Heat Included | |
| Building Insurance Included | |
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403 - 155 Hillcrest Avenue S
Cooksville, Mississauga
$499,000
Fantastic Corner Unit For Investment/Self. This Sun-Filled 2 Bedroom, 2 Bath Corner Unit Features A Breathtaking & Unobstructed View, A Master Bedroom With Ensuite Bath, And A Walk-In Closet. Unit Needs Some Tlc And Updating. Great Value. Excellent Amenities Including A Rooftop Library, Gym, 24 Hr Security, Party/Meeting Room, Squash Court, Self Car Wash, And Bbq Area. Steps To Cooksville Go Station. Minutes To Square One Shopping Centre, Theatres, Restaurants, Trillium Hospital & Schools. Easy Access To Highways Qew, 403 & 401. Great Location 2 Generous Size Bedrooms, 1.5 Washrooms, Ensuite Laundry, Solarium Can Be Used As A Small Bedroom Or Office. South/East View, Walk To Go Train, Schools, Minutes To Qew & Hwy 403, 4 Min Drive To Square One, Restaurants, Hospital, Less Than 10Min Drive To Lake Ontario. Roof Top, Library, Games Room, Gym, 24Hr Concierge.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,554
- Property tax
- $171
- Heat allowance
- $150
- Condo fees, half counted
- $348
- Housing costs
- $3,223 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$99,000
gross annual household income
- Payment at 4%
- $2,100 / mo
- Cash down
- $99,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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