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Price Change$339,900

311 - 3501 Glen Erin Drive

Erin Mills, Mississauga

$299,900

Condo Apartment |
0 | 1 | 1 | 1
About this home

Bright and spacious studio apartment overlooking peaceful parkland, with a large balcony ideal for relaxing. Prime location just minutes to the GO Train and Highways 403, 401, and 407, with public transit at your doorstep. Close to U of T Mississauga, scenic trails, parks, shopping, and bike paths. The well-managed building offers a warm community feel and great amenities, including a gym, party/meeting room, recreation room, visitor parking, and a laundry facility in the basement. The unit also features a rough-in for a washer/dryer combo, adding convenience. 1 parking spot and a locker are included. All utilities are included in the maintenance fee. Also, many building renovations have been completed very recently. Great location in the center of Erin Mills and close to South Common Mall.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age16-30
Size0-499 sq. ft.
Maintenance Fees$530
LockerExclusive
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$1,468
mls© NumberW13122736
Listed ByROYAL LEPAGE REAL ESTATE SERVICES LTD.
Heat Included
Water Included
Hydro Included
Parking Included
Common Elements 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%
$1,535
Property tax
$122
Heat allowance
$150
Condo fees, half counted
$265
Housing costs
$2,072 / mo

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

Down payment20% · $59,980
25-yr amortization

Income needed

$64,000

gross annual household income

Payment at 4%
$1,262 / mo
Cash down
$59,980

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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