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New3 hours ago

2406 - 36 Elm Drive

Fairview, Mississauga

$489,000

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

Spacious 1-bedroom plus den (possible 2nd bedroom) unit available for lease at Edge Tower 1 Condos. Ideally situated near major highways, including the QEW, 403, 401, and 410, with easy access to Square One Shopping Centre, Whole Foods, Walmart, popular restaurants, and coffee shops. Future LRT and Cooksville GO Train Station are also nearby, offering excellent transit options. The building boasts a variety of premium amenities, such as a gym, yoga studio, Wi-Fi lounge, movie theater, games room, party room and BBQ areas.

Extras

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age0-5
Size600-699 sq. ft.
Maintenance Fees$476
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesPrivate, Underground
Property Tax$3,536
mls© NumberW13647302
Listed ByBest Sellers Realty Inc.
Heat Included
Common Elements Included
Building Insurance Included
Water Included
Parking Included
CAC 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%
$2,503
Property tax
$295
Heat allowance
$150
Condo fees, half counted
$238
Housing costs
$3,186 / mo

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

Down payment20% · $97,800
25-yr amortization

Income needed

$98,000

gross annual household income

Payment at 4%
$2,058 / mo
Cash down
$97,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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