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1 / 0
New3 hours ago

412 - 220 Forum Drive

Hurontario, Mississauga

$449,900

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

THE FORUM AT TUSCANY GATE, BRIGHT 1-BEDROOM + DEN Welcome to The Forum at Tuscany Gate, a beautiful and well-maintained building offering this bright 1-bedroom + den suite on the 4th floor, with approximately 632 sq. ft. of thoughtfully designed living space. Featuring a desirable southern exposure, the suite is filled with natural light and offers a peaceful view. The versatile den is ideal as a home office, guest space, study or additional storage. The property also includes 1 parking space and 1 locker. Residents enjoy an excellent selection of amenities, including an outdoor pool, BBQ area, children's playground, workout area, event room/recreation room with pool table. The building is quiet, attractive and well built, creating a comfortable environment for both homeowners and tenants. Conveniently located close to transit, shopping, restaurants and major highways including the 403 and 410, with easy access to the Square One area and the Hurontario LRT corridor. A high-quality building, bright and functional floor plan, excellent amenities and strong investment potential make this a wonderful opportunity for a first-time buyer, downsizer or investor.632 sq. ft. | 1 Bedroom + Den | 4th Floor | Southern Exposure | 1 Parking | 1 Locker

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size600-699 sq. ft.
Maintenance Fees$539
LockerOwned
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,589
mls© NumberW13736256
Listed ByRE/MAX HALLMARK REALTY LTD.
Building Insurance Included
Parking Included
Water Included
CAC 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%
$2,303
Property tax
$216
Heat allowance
$150
Condo fees, half counted
$270
Housing costs
$2,938 / mo

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

Down payment20% · $89,980
25-yr amortization

Income needed

$90,000

gross annual household income

Payment at 4%
$1,893 / mo
Cash down
$89,980

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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