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New4 days ago

1602 - 2520 Eglinton Avenue W

Central Erin Mills, Mississauga

$505,000

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

Welcome to this bright and beautifully maintained 1+Den suite, proudly owned and cared for by the original owners. Freshly painted and move-in ready, this home offers a modern, low-maintenance lifestyle in a highly convenient Mississauga location. The open-concept layout features 9-ft smooth ceilings, modern laminate flooring, and large windows that fill the space with natural light. The contemporary kitchen combines style and functionality with stainless steel appliances, quartz countertops, and a generous centre island-perfect for everyday living or entertaining. The versatile den provides the ideal space for a home office, reading area, or guest space. Enjoy the added convenience of 2 bathrooms and ensuite laundry. Set in a well-managed building with an impressive selection of amenities and services right at your doorstep, including a pharmacy, medical offices, physiotherapy clinic, and animal hospital, and ideally located directly across from Credit Valley Hospital and Erin Mills Town Centre, with excellent schools, parks, restaurants, shopping, and everyday conveniences all nearby. Commuters will appreciate easy access to public transit, GO Bus service, and Highways 403 and 401, with Square One about 15 minutes away and downtown Toronto about 30 minutes away. Residents also enjoy 24-hour security, a fitness centre, an indoor basketball court, a games room, library, bicycle storage, and EV charging stations. ***Now offered at a new reduced price, this is an excellent opportunity for first-time buyers, professionals, investors, or downsizers looking for a well-maintained, never-rented home in one of Mississauga's most convenient communities. Move-in ready and exceptional value-don't miss it!

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$510
LockerOwned
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,296
mls© NumberW13679078
Listed ByRIGHT AT HOME REALTY
Building Insurance Included
Common Elements Included
Water Included
Heat 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%
$2,585
Property tax
$275
Heat allowance
$150
Condo fees, half counted
$255
Housing costs
$3,265 / mo

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

Down payment20% · $101,000
25-yr amortization

Income needed

$100,000

gross annual household income

Payment at 4%
$2,125 / mo
Cash down
$101,000

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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