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Listed 27 days ago

104 - 7405 Goreway Drive

Malton, Mississauga

$514,900

Condo Apartment |
2 + 1 | 2 | 1 | 0
About this home

**No more waiting on elevators!** Be in or out of your apartment in 5 minutes - quick access for groceries, luggage, strollers, visitors and everyday errands in this bright, ground-floor,corner suite. Natural light pours in through large windows on two sides of the apartment. It feels like you're in a house and not in an apartment. Over a thousand square feet of spacious carpet-free living. Featuring 2 bedrooms plus a den, 2 full washrooms and a private patio for morning tea, fresh air or quiet outdoor time. Large living/dining area, spacious kitchen with granite counters, backsplash, built-in dishwasher, pot lights, generous cabinet space, and an updated fridge/stove. The den is useful as an office, study, guest space or quiet room. Primary bedroom has a 4-piece en-suite and a large closet. En-suite laundry and owned underground parking. Well-managed building with reasonable fees. Close to Westwood Square, transit, schools, parks, places of worship, Malton Community Centre, library, Pearson Airport and major roads.

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Got questions?

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$576
LockerNone
BalconyEnclosed
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,492
mls© NumberW13543578
Listed ByROYAL LEPAGE SIGNATURE REALTY
Common Elements Included
Building Insurance Included
Water Included
Parking 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%
$2,635
Property tax
$208
Heat allowance
$150
Condo fees, half counted
$288
Housing costs
$3,281 / mo

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

Down payment20% · $102,980
25-yr amortization

Income needed

$101,000

gross annual household income

Payment at 4%
$2,167 / mo
Cash down
$102,980

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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