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Listed 1 month ago

16 - 3415 Ridgeway Drive

Erin Mills, Mississauga

$614,999

Condo Townhouse |
2 | 3 | 1 | 1
About this home

Newly Constructed "The Way Urban Towns" complex. 1349 sqft of luxury living With 2 beds, 3 baths, ample living space and Terrace patio. Brand New townhouse with abundant Natural Light. Spacious Open Concept Layout Perfect For Entertaining. Balcony On Main Level. Upgraded Kitchen with Quarts countertop and deep over fridge cabinet. Separate Pantry. Beautiful Upgraded Wide Plank Wood Floors on main level, prime location In The Heart Of The Erin Mills Neighborhood Close To Major Highways, Erin dale Go Station, Transit, Walk To Beautiful Parks, Trails, Restaurants, Community Centre, Shopping Mall, Costco, Library, Schools & University Of Toronto (Mississauga Campus) this home is perfect for families.

Extras

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Townhouse
StyleStacked Townhouse
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$467
LockerEnsuite+Common
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$4,504
mls© NumberW13498998
Listed ByHOMELIFE/MIRACLE REALTY LTD
Common Elements Included
Building Insurance Included
Condo Taxes 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%
$3,148
Property tax
$375
Heat allowance
$150
Condo fees, half counted
$233
Housing costs
$3,907 / mo

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

Down payment20% · $123,000
25-yr amortization

Income needed

$120,000

gross annual household income

Payment at 4%
$2,588 / mo
Cash down
$123,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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Comparable sales

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