| Building Insurance Included | |
| Common Elements Included |
New3 hours ago
2507 - 3883 Quartz Road
City Centre, Mississauga
$399,000
Condo Apartment |
1 + 1 | 1 | 1 | 1
About this home
Luxury M City 2 Condo - Prime location near Square One Shopping Centre. Bright and spacious with abundant natural light, open-concept layout, and laminate flooring throughout. Features a beautiful balcony with stunning city views. Modern kitchen with full quartz countertops, stainless steel built-in appliances, and floor-to-ceiling windows.Enjoy 24-hour concierge service, fitness facilities, outdoor swimming pool, splash pad and children's playground, outdoor BBQ area, and games room. Excellent transit access with easy connections to public transportation and major highways.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,042
- Property tax
- $235
- Heat allowance
- $150
- Condo fees, half counted
- $237
- Housing costs
- $2,664 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $79,800
25-yr amortization
Income needed
$82,000
gross annual household income
- Payment at 4%
- $1,679 / mo
- Cash down
- $79,800
Assumes no other monthly debts · 25-yr amortization
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