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Price Change$698,000

86 - 2945 Thomas Street

Central Erin Mills, Mississauga

$599,000

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

Nestled in one of the most sought-after areas, this bright corner unit is flooded with natural light from its extra windows. The open-concept kitchen leads out to a Balcony while the spacious living and dining room offers room to entertain. The master bedroom features a semi-ensuite, and the home has been freshly renovated with brand-new flooring throughout, plus a newer AC and furnace (2023). Brand new appliances. A walkout from the lower level opens to the backyard. Located in an excellent school district-Castle Bridge (JK-5), Thomas MS (6-8), and John Fraser SS (9-12)-and surrounded by 3 parks and 16 recreation facilities, this home also offers ample visitor parking and quick access to major highways. With shopping and transit close by, this peaceful complex delivers the perfect balance of urban convenience and serene living.

Extras

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Townhouse
Style3-Storey
Approx. Age16-30
Size1000-1199 sq. ft.
Maintenance Fees$540
LockerNone
BalconyOpen
ExposureWest
Parking TypeBuilt-In
Parking Spaces2
Parking FeaturesPrivate
Property Tax$4,232
mls© NumberW13584216
Listed ByKW Living Realty
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%
$3,066
Property tax
$353
Heat allowance
$150
Condo fees, half counted
$270
Housing costs
$3,839 / mo

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

Down payment20% · $119,800
25-yr amortization

Income needed

$118,000

gross annual household income

Payment at 4%
$2,521 / mo
Cash down
$119,800

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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