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New2 hours ago

2205 - 1400 Dixie Road

Lakeview, Mississauga

$2,289,000

Condo Apartment |
3 + 1 | 2 | 2 | 1
About this home

Welcome to The Penthouse at The Fairways. For uncompromising downsizers looking for endless views, ample space, and no stairs - this is the suite for you. At over 2700 square feet, the suite sprawls, and the floorplan offers grand principal rooms without feeling overly open concept. The layout is thoughtful, with the massive primary bedroom wing on the opposite of the suite from the 2nd and 3rd bedrooms. The heart of the home is the large living-dining room space, visible immediately upon entry, this is a true "wow" room. The kitchen features a centre island, double wall ovens, peninsula, sub zero refrigerator, and a wet bar off the eat in portion. Off the kitchen, heading towards the primary suite, is a luscious wood-panelled library overlooking the golf course. This is a suite that truly needs to be seen, to be explored, to appreciate. The Fairways, the CCI's Condominium of the Year in 2021, embodies resort-style living. Endless amenities - tennis, swimming, pickleball, golf, pool, card rooms, workshops, extra laundry rooms, and even a designated event space in the historic McMaster House. Condominium living here is easy, all inclusive amenities, walkable shopping, easy access to the lake & walking trails.

Extras

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size2750-2999 sq. ft.
Maintenance Fees$2,395
LockerExclusive
BalconyNone
ExposureSouth West
Parking TypeUnderground
Parking Spaces2
Parking FeaturesUnderground
Property Tax$8,788
mls© NumberW13782774
Listed ByRE/MAX PROFESSIONALS INC.
Heat Included
Hydro Included
Water Included
Cable TV Included
CAC Included
Common Elements Included
Building Insurance Included
Parking 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%
$11,716
Property tax
$732
Heat allowance
$150
Condo fees, half counted
$1,198
Housing costs
$13,796 / mo

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

Down payment20% · $457,800
25-yr amortization

Income needed

$424,000

gross annual household income

Payment at 4%
$9,632 / mo
Cash down
$457,800

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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