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New2 days ago

1603 - 2177 Burnhamthorpe Road W

Erin Mills, Mississauga

$535,000

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

Welcome to Eagle Ridge Nevada, a community surrounded by nature trails in the heart of Erin Mills! This spacious 2-bedroom, 2-bathroom corner suite offers 1,055 sq. ft. of bright living, stunning panoramic views, carpet-free flooring, renovated bathrooms, and stone kitchen counters. Maintenance fees include all utilities, Rogers VIP Cable TV, and high-speed internet. Includes 6 appliances, ensuite laundry, underground parking, and a locker. Residents enjoy 24-hour gated security and exceptional amenities including an indoor pool, fitness centre, squash/racquetball court, party room, car wash, playground, gardens, and BBQ areas. Walk to South Common Mall, the Mississauga Transit Hub, and a new community centre/library coming in 2027. Minutes to Erin Mills Town Centre, Credit Valley Hospital, UTM, parks, schools, and major highways.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$1,175
LockerOwned
BalconyNone
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,215
mls© NumberW13682222
Listed ByEXP REALTY
Heat Included
Hydro Included
Water Included
CAC Included
Cable TV Included
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%
$2,738
Property tax
$268
Heat allowance
$150
Condo fees, half counted
$588
Housing costs
$3,744 / mo

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

Down payment20% · $107,000
25-yr amortization

Income needed

$115,000

gross annual household income

Payment at 4%
$2,251 / mo
Cash down
$107,000

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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