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Listed 20 days ago

402 - 2565 Erin Centre Boulevard

Central Erin Mills, Mississauga

$389,900

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

Welcome to unit 402 in beautiful Parkway Place! This charming 1-bedroom, 1-bathroom condo boasts exceptional value with its well-maintained interior and inviting layout. Enjoy the ease of hardwood and tile flooring throughout, along with the convenience of ample storage and in-suite laundry. The crown jewel of this unit is the balcony, offering breathtaking views of lush greenspace that captivate in every season. This opportunity also includes one underground parking spot, as well as a storage locker. The building is well-managed and provides top-notch amenities, including 24-hour security, an indoor pool, gym, party room, library, and tennis courts. With condo fees encompassing heat, hydro, and water, this property is a fantastic opportunity for first-time buyers or those looking to downsize. Embrace effortless living in a prime location, just steps away from shopping, highway access, and Credit Valley Hospital. Everything you need is right at your doorstep!

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$686
LockerOwned
BalconyOpen
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,535
mls© NumberW13570944
Listed ByROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Heat Included
Water Included
Hydro Included
Common Elements Included
Building Insurance 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%
$1,996
Property tax
$211
Heat allowance
$150
Condo fees, half counted
$343
Housing costs
$2,700 / mo

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

Down payment20% · $77,980
25-yr amortization

Income needed

$83,000

gross annual household income

Payment at 4%
$1,641 / mo
Cash down
$77,980

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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