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1 / 0
New6 hours ago

111 - 1055A Forestwood Drive

Erindale, Mississauga

$399,000

Condo Townhouse |
3 | 3 | 1 | 1
About this home

Rarely Offered & Spacious 2-Storey Ground-Level Townhouse In The Highly Sought-After Erindale Community! This Beautifully Maintained Home Features 3 Bedrooms, 3 Bathrooms & A Fully Finished Basement, Offering A Functional Layout With Generous Living & Storage Space. Pot Lights Throughout The Main Floor & Freshly Painted Second Floor. Bright & Spacious Living/Dining Area With Walkout To A Private Patio, Perfect For Relaxing Or Entertaining. Finished Basement Provides Additional Versatile Living Space, Complete With A 3-Pc Bathroom With Shower & Separate Storage Room. Convenient 2nd-Floor Laundry With Ample Storage. Includes 1 Underground Parking Space. Prime Location Close To The University Of Toronto Mississauga (UTM), Shopping, Restaurants, Parks, Schools, Public Transit & Everyday Amenities. A Wonderful Opportunity To Call The Desirable Erindale Community Home!

Extras

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Got questions?

Contact Angela directly.

agent
Angela Montano
(647) 283-2643

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeCondo Townhouse
Style2-Storey
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$970
LockerEnsuite
BalconyNone
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,198
mls© NumberW13720360
Listed ByRE/MAX REALTRON WENDY ZHENG REALTY
Common Elements Included
Heat Included
Building Insurance Included
Parking Included
Water 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%
$2,042
Property tax
$183
Heat allowance
$150
Condo fees, half counted
$485
Housing costs
$2,860 / mo

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

Down payment20% · $79,800
25-yr amortization

Income needed

$88,000

gross annual household income

Payment at 4%
$1,679 / mo
Cash down
$79,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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Comparable sales

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