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New2 hours ago

2508 - 3985 Grand Park Drive

City Centre, Mississauga

$720,000

Condo Apartment |
3 + 1 | 2 | 1 | 1
About this home

A Beautiful 9 ft Ceiling Bright And Sunny Corner Unit With The Panoramic View Situated In The Heart Of The City! This Exceptionally Functional Layout Features Laminate Flooring Throughout,9 ft Ceilings, Floor To Ceiling Windows. Spacious Rooms And A Den/Study or Work Area. Two of The Bedrooms w/ensuite Privileges, Kitchen w S/S Appliances & Granite Countertop W Breakfast Bar. Fantastic Choice For Self Use Or Great Income Potential For Investor Clients. Steps To Square One , YMCA, Living Arts Centre, Sheridan College, Central Library, T & T Supermarket, Shoppers Drug Mart & Transit. Closet Access To All The Major Highways, 403, 401, QEW.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. Age6-10
Size1000-1199 sq. ft.
Maintenance Fees$916
LockerOwned
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$4,508
mls© NumberW13808542
Listed ByRE/MAX REALTY SPECIALISTS INC.
Heat Included
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.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,685
Property tax
$376
Heat allowance
$150
Condo fees, half counted
$458
Housing costs
$4,669 / mo

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

Down payment20% · $144,000
25-yr amortization

Income needed

$144,000

gross annual household income

Payment at 4%
$3,030 / mo
Cash down
$144,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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