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Listed 1 month ago

122 - 1055 B Forestwood Drive

Erindale, Mississauga

$509,900

Condo Townhouse |
3 | 2 | 1 | 0
About this home

3-Bedrooms Townhome in Mississauga Step into this well-maintained 3-bedroom, 1.5-bath townhouse ideally located in the heart of Mississauga. Featuring a modern, upgraded kitchen with a sleek backsplash, this home offers a bright open-concept living and dining space-perfect for both everyday living and entertaining.The second level boasts brand-new flooring, generously sized bedrooms with ample closet space, and an updated bathroom with a contemporary finish. Enjoy the added convenience of second-floor laundry and extra storage.A fully finished basement provides versatile space ideal for a home office, gym, or recreation room. One dedicated parking spot is included.Situated in a well-managed, family-friendly complex close to top-rated schools, shopping, dining, parks, and major highways-this home offers both comfort and accessibility.An excellent opportunity for families, first-time buyers, or investors. Priced to sell-book your showing today

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Townhouse
Style2-Storey
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$970
LockerNone
BalconyNone
ExposureWest
Parking TypeNone
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,121
mls© NumberW13504840
Listed ByYOUR GTA REAL ESTATE INC.
Heat Included
Water Included
Building Insurance Included
Parking Included
Common Elements 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%
$2,610
Property tax
$177
Heat allowance
$150
Condo fees, half counted
$485
Housing costs
$3,422 / mo

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

Down payment20% · $101,980
25-yr amortization

Income needed

$105,000

gross annual household income

Payment at 4%
$2,146 / mo
Cash down
$101,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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