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New5 days ago

50 - 3600 Colonial Drive

Erin Mills, Mississauga

$699,000

Condo Townhouse |
3 | 4 | 2 | 0
About this home

READY TO MOVE IN, renovated and upgraded, specious and bright 3+1 bedroom, 4 washroom townhouse for sale, located in Erin Mills community, a safe and family-oriented neighborhood with all amenities close by. The house has a practical layout with good sunshine in the rooms. Across Tom Chater Memorial Park and Kids playground, excellent schools zone, shopping mall, Costco, Hwy 403 and QEW just minutes away. Located at the border of Oakville. Professionally finished basement with full bathroom, One small room and a huge recreation room for enjoying parties and family gathering. A perfect family home with nice and practical layout, bright rooms with full of sunshine. Painted and professionally cleaned house with NO CARPET in entire house. Approx. 1400 sqft above grade finished area and 350 sqft basement finished area. Specious garage with lots of cabinets and storage space. Well managed condo corporation, the maintenance fees includes: snow removal to the door steps, walkway and driveway, grass cutting front and backyard, roof, windows and all exterior maintenance, outdoor common swimming pool and lots of visitors parking for your guests. Thousands of dollars had been spent on renovations under the current ownership, such as: all 4 bathrooms, kitchen cabinets, granite countertop, ceramic flooring from house entry to backyard, Entire basement including separate room, bathroom, flooring etc., wooden stairs, LED lights, SS Dryer and Washer, AC and Furnace, Gas Stove Line etc. (Unit # 50 - No for sale sign posted at the house) NOTE: Offers presented Thursday, Aug 20th at 7:00 PM. Please register by 5:00 PM. Seller reserves the right to review and accept pre-emptive offers prior to the presentation date, provided the offer has a minimum 24-hour irrevocable period. Form 244 signed.

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agent
Angela Montano
(647) 283-2643

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeCondo Townhouse
Style2-Storey
Approx. AgeNot available
Size1400-1599 sq. ft.
Maintenance Fees$549
LockerNone
BalconyNone
ExposureNorth East
Parking TypeBuilt-In
Parking Spaces2
Parking FeaturesPrivate
Property Tax$4,319
mls© NumberW13676046
Listed ByCENTURY 21 PEOPLE`S CHOICE REALTY 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%
$3,578
Property tax
$360
Heat allowance
$150
Condo fees, half counted
$275
Housing costs
$4,362 / mo

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

Down payment20% · $139,800
25-yr amortization

Income needed

$134,000

gross annual household income

Payment at 4%
$2,942 / mo
Cash down
$139,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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