| Parking Included | |
| Common Elements Included | |
| Building Insurance Included | |
| Heat Included | |
| Water Included |
New3 hours ago
1801 - 2520 Eglinton Avenue W
Central Erin Mills, Mississauga
$585,000
Condo Apartment |
2 | 2 | 1 | 1
About this home
Welcome to this Luxurious Condo at The Arc Condominium Built by Daniels in the heart of Erin Mills. Well situated two bedroom condo in proximity to schools, parks, public transit, highways, shopping and much more. This unit features two bedrooms two baths, large balcony, parking and locker. An abundance of natural light with floor-to-ceiling windows and West exposure, exceptionally luxurious finishes. The kitchen comes with Stainless-Steel appliances, ample cabinet space, & a breakfast bar for casual dining. The building offers Fitness Center, Games Room, Basketball court, Community room, & a secure parking. MUST SEE! Unit is currently tenanted at $2900 per month and tenant would like to stay. Pictures shows unit vacant with no furniture but unit is tenanted till end of September with option to renew
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 6-10 |
| Size | 800-899 sq. ft. |
| Maintenance Fees | $607 |
| Locker | Owned |
| Balcony | Terrace |
| Exposure | West |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $3,588 |
| mls© Number | W13704474 |
| Listed By | BONNATERA REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,994
- Property tax
- $299
- Heat allowance
- $150
- Condo fees, half counted
- $303
- Housing costs
- $3,747 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $117,000
25-yr amortization
Income needed
$115,000
gross annual household income
- Payment at 4%
- $2,462 / mo
- Cash down
- $117,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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