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Price Change$649,900

97 - 2891 Rio Court

Central Erin Mills, Mississauga

$629,900

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

Fabulous 2-Bedroom Stacked Townhouse in the highly sought-after Central Erin Mills community! This bright and functional home features a large eat-in kitchen with ample cabinetry and counter space, perfect for everyday living. The open concept living and dining area is filled with natural light and offers a 3-panel patio door leading to a charming Juliette balcony. A convenient 2-piece powder room completes the main level. Upstairs, you'll find 2 generously sized bedrooms, a 4-piece bathroom, second-floor laundry, and a large linen closet. The primary bedroom features a walk-out to a private balcony. Unbeatable location just steps to top-ranked John Fraser & St. Aloysius Gonzaga schools, Erin Mills Town Centre, Credit Valley Hospital, Erin Meadows Community Centre, parks, trails, restaurants, grocery stores, public transit, and more. Easy access to Highways 403 & 407 makes commuting a breeze.

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agent
Angela Montano
(647) 283-2643
TypeCondo Townhouse
StyleStacked Townhouse
Approx. Age11-15
Size1000-1199 sq. ft.
Maintenance Fees$337
LockerNone
BalconyOpen
ExposureEast
Parking TypeNone
Parking Spaces1
Parking FeaturesSurface
Property Tax$3,732
mls© NumberW12958358
Listed By51SELLHOME INC.
Parking Included
Common Elements Included
Water 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%
$3,224
Property tax
$311
Heat allowance
$150
Condo fees, half counted
$169
Housing costs
$3,854 / mo

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

Down payment20% · $125,980
25-yr amortization

Income needed

$119,000

gross annual household income

Payment at 4%
$2,651 / mo
Cash down
$125,980

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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