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84 - 2891 Rio Court
Central Erin Mills, Mississauga
$499,000
Welcome to this beautifully maintained 2-bedroom end-unit condo townhouse located on the mainfloor in the highly sought-after Central Erin Mills community. This is a very rare and one-of a-kind unit, seldom offered for sale. Featuring a bright and functional open-concept layout,this home offers a spacious living and dining area seamlessly connected to a modern kitchen with brand new appliances-perfect for everyday living and entertaining. Enjoy two generously sized bedrooms and a newly renovated bathroom, thoughtfully updated with contemporary finishes. Step outside to your private patio with elegant interlocking tiles-an ideal space for relaxing or hosting guests. This home includes one convenient outdoor parking spot and is perfectly situated close to top-rated schools, including John Fraser Secondary School. Enjoy easy access to shopping, Credit Valley Hospital, Highway 403, GO Transit, and a wide range of amenities. A fantastic opportunity for first-time buyers, downsizers, or investors-don't missout!
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| Type | Condo Townhouse |
| Style | 1 Storey/Apt |
| Approx. Age | 11-15 |
| Size | 700-799 sq. ft. |
| Maintenance Fees | $337 |
| Locker | None |
| Balcony | Terrace |
| Exposure | South East |
| Parking Type | None |
| Parking Spaces | 1 |
| Parking Features | Private |
| Property Tax | $3,153 |
| mls© Number | W13653720 |
| Listed By | RE/MAX REALTY SERVICES INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,554
- Property tax
- $263
- Heat allowance
- $150
- Condo fees, half counted
- $169
- Housing costs
- $3,136 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$96,000
gross annual household income
- Payment at 4%
- $2,100 / mo
- Cash down
- $99,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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