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7 - 1051 Cedarglen Gate

Erindale, Mississauga

$649,900

Condo Townhouse |
4 | 2 | 1 | 0
About this home

Huge End Unit Like Semi, 4 Bedrooms, Gas Fireplace, Very Good Location, High Demand Complex. Close To Schools, Shopping Centers, Public Transit. Walk-Out To Backyard, Large Balcony, Close To Credit Valley Golf & Country Club. Vendor May Take Back Mortgage. Buyer To Assume Tenancy.

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agent
Angela Montano
(647) 283-2643
TypeCondo Townhouse
Style3-Storey
Approx. AgeNot available
Size1400-1599 sq. ft.
Maintenance Fees$488
LockerNone
BalconyOpen
ExposureWest
Parking TypeAttached
Parking Spaces1
Parking FeaturesNone
Property Tax$4,456
mls© NumberW12878394
Listed ByHOMELIFE HEARTS REALTY INC.
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$3,326
Property tax
$371
Heat allowance
$150
Condo fees, half counted
$244
Housing costs
$4,092 / mo

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

Down payment20% · $129,980
25-yr amortization

Income needed

$126,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$129,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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