| Common Elements Included | |
| Building Insurance Included | |
| Parking Included |
New6 hours ago
8 - 3473 Widdicombe Way
Erin Mills, Mississauga
$624,900
Condo Townhouse |
2 | 3 | 1 | 0
About this home
Only 6 years Old Townhouse, Ground and 2nd floor, 2 Bedrooms, 3 Washrooms, 9' ceiling on main level, open concept Kitchen with S/S appliances and Quartz countertop, Dedicated HVAC System and Tankless Water Heater providing Comfort And Energy Efficiency, a spacious walk-out patio. Next to the South Common new Community Centre, walking to Walmart, Shoppers, No-frills super market, restaurants, walking to Mississauga transit hub. Minutes to Hwy 403 and QEW.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,199
- Property tax
- $359
- Heat allowance
- $150
- Condo fees, half counted
- $190
- Housing costs
- $3,898 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $124,980
25-yr amortization
Income needed
$120,000
gross annual household income
- Payment at 4%
- $2,630 / mo
- Cash down
- $124,980
Assumes no other monthly debts · 25-yr amortization
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