| Water Included | |
| Common Elements Included | |
| Building Insurance Included | |
| Cable TV Included | |
| Parking Included |
New4 hours ago
502 - 3025 Queen Frederica Drive
Applewood, Mississauga
$499,900
Condo Apartment |
3 | 2 | 1 | 0
About this home
Spacious 3 Bedroom 2 Bath Condo in desirable Applewood ! Open concept Living/Dining Room featuring premium laminate floors. Upgraded Kitchen, main bathroom & primary bedroom 2pc ensuite . 3 good sized bedrooms with large windows. In-suite laundry & oversized open balcony. One underground parking space included. Public transit at your door. Close to schools, parks, restaurants, shopping, major highways & Costco.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,559
- Property tax
- $219
- Heat allowance
- $150
- Condo fees, half counted
- $317
- Housing costs
- $3,245 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $99,980
25-yr amortization
Income needed
$100,000
gross annual household income
- Payment at 4%
- $2,104 / mo
- Cash down
- $99,980
Assumes no other monthly debts · 25-yr amortization
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