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New5 days ago

1205 - 50 Elm Drive E

Mississauga Valleys, Mississauga

$669,000

Condo Apartment |
3 | 2 | 2 | 1
About this home

It is not easy to find a 3-bedroom condo this size with so much living space! Be the first to enjoy this completely renovated home ready for you to call your own! This bright, spacious and beautifully finished home features an open-concept layout with a modern kitchen, brand-new appliances and a stylish wet bar with a built-in beverage fridge perfect for a coffee station as well! Enjoy your coffee or sip some wine on the private balcony that offers fantastic views of the city skyline. The separate laundry room adds extra convenience and storage. Generous-sized bedrooms and new bathrooms! Ideally located in the heart of Mississauga, close to shopping, transit, schools and trails. The building offers an impressive selection of amenities, including a gym, billiards room, library, party room, tennis courts and ample visitor parking. Comes complete with two underground parking spaces and a locker for additional storage. Freshly renewed and move-in ready, just add your personal décor and make it home.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$1,176
LockerExclusive
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces2
Parking FeaturesUnderground
Property Tax$2,785
mls© NumberW13678130
Listed ByROYAL LEPAGE MAXIMUM REALTY
Heat Included
Hydro Included
Water Included
CAC Included
Common Elements Included
Building Insurance Included
Parking 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%
$3,424
Property tax
$232
Heat allowance
$150
Condo fees, half counted
$588
Housing costs
$4,394 / mo

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

Down payment20% · $133,800
25-yr amortization

Income needed

$135,000

gross annual household income

Payment at 4%
$2,815 / mo
Cash down
$133,800

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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