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New20 hours ago

53 - 3420 South Millway N/A

Erin Mills, Mississauga

$860,000

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

Welcome to "The Enclave" by Daniels, located in the highly desirable Erin Mills neighbourhood of Mississauga. This spacious 3-bedroom, 3-bathroom townhome features generously sized principal rooms, excellent outdoor space, and plenty of storage throughout. The large finished basement offers additional living space, ideal for a recreation room, home office, gym, or guest area. Enjoy the convenience of a built-in garage, private driveway, and visitor parking.Residents can enjoy community amenities including a seasonal swimming pool. Ideally located close to schools, shopping, restaurants, churches, parks, trails, public transit, and everyday amenities. Minutes to the University of Toronto Mississauga, Sheridan College, South Common Centre, and major highways including the 403 and 407. An excellent location for families, students, and professionals, with convenient access to transit and major GTA routes.A wonderful opportunity to own a spacious home in a well-established and highly connected Mississauga community!

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agent
Angela Montano
(647) 283-2643
TypeCondo Townhouse
Style2-Storey
Approx. AgeNot available
Size1800-1999 sq. ft.
Maintenance Fees$720
LockerNone
BalconyTerrace
ExposureSouth
Parking TypeBuilt-In
Parking Spaces2
Parking FeaturesPrivate
Property Tax$4,875
mls© NumberW13688134
Listed ByROYAL LEPAGE PINNACLE REAL ESTATE
Common Elements Included
Building Insurance Included

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%
$4,402
Property tax
$406
Heat allowance
$150
Condo fees, half counted
$360
Housing costs
$5,318 / mo

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

Down payment20% · $172,000
25-yr amortization

Income needed

$164,000

gross annual household income

Payment at 4%
$3,619 / mo
Cash down
$172,000

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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