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New2 hours ago

1108 - 30 Elm Drive W

Fairview, Mississauga

$540,000

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

Bright, spacious and thoughtfully laid out, this southwest-facing 2-bedroom, 2-bathroom suite at Edge Tower 2 offers 727 sq. ft. of total living space, including 701 sq. ft. indoors and a 26 sq. ft. balcony. The split-bedroom layout provides privacy, while the open-concept living and dining area is filled with natural light through large windows. A sleek kitchen with built-in appliances, upgraded finishes and plenty of storage completes the main living space. The primary bedroom features a walk-in closet and private 4-piece ensuite. Includes ensuite laundry, one underground parking space and one locker. Residents enjoy a modern gym, Wi-Fi lounge, billiards room, rooftop terrace, concierge service and beautifully maintained common areas. Ideally located near Square One, Sheridan College, restaurants, shopping and transit, with convenient access to GO Transit and major highways.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size700-799 sq. ft.
Maintenance Fees$636
LockerOwned
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$4,080
mls© NumberW14175312
Listed ByROYAL LEPAGE REAL ESTATE SERVICES LTD.
Heat Included
Water Included
CAC Included
Common Elements Included
Parking Included

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,764
Property tax
$340
Heat allowance
$150
Condo fees, half counted
$318
Housing costs
$3,572 / mo

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

Down payment20% · $108,000
25-yr amortization

Income needed

$110,000

gross annual household income

Payment at 4%
$2,272 / mo
Cash down
$108,000

Assumes no other monthly debts · 25-yr amortization

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Investment Analysis

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