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Listed 3 months ago

61 - 3600 N Colonial Drive N

Erin Mills, Mississauga

$695,000

Condo Townhouse |
3 | 3 | 4 | 0
About this home

A stunning 3-bedroom, 3-bathroom unit townhouse offers approximately 1400 sqft of beautifully maintained living space, tucked away in a family-friendly community. This exquisite property is nestled in Erin Mills and offers walking distance to schools, parks, transit and close to major highways. This home features a 2-car garage (with access from inside home on the main floor), with 2 car parking on driveway. The main floor boasts a welcoming living room, dining area with a walkout to yard, a bright modern kitchen with quartz countertop and an eat in area. A cozy and clean finished basement with vinyl flooring for entertaining or just more living space. Upstairs, you'll find three spacious bedrooms including a MBR with an ensuite and his/her closet space. Use of outdoor Swimming Pool and visitors parking for your guests. Bathtubs have been both renovated by Bath Fitters in 2025. New Lennox gas furnace in 2021. Hot water tank rental new in 2023. Samsung S/S Appliances (Fridge, Stove, Dishwasher) new in 2021. Front loading LG washer and dryer in laundry room basement. Home is in beautiful move in condition. Seller(s) are motovated!!

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agent
Angela Montano
(647) 283-2643
TypeCondo Townhouse
Style2-Storey
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$556
LockerNone
BalconyNone
ExposureWest
Parking TypeAttached
Parking Spaces4
Parking FeaturesNone
Property Tax$4,428
mls© NumberW13238096
Listed ByGRIMES, B., REAL ESTATE INC.
Common Elements Included
Building Insurance 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%
$3,557
Property tax
$369
Heat allowance
$150
Condo fees, half counted
$278
Housing costs
$4,354 / mo

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

Down payment20% · $139,000
25-yr amortization

Income needed

$134,000

gross annual household income

Payment at 4%
$2,925 / mo
Cash down
$139,000

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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