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Listed 1 month ago

505 - 530 Lolita Gardens

Mississauga Valleys, Mississauga

$475,000

Condo Apartment |
3 | 1 | 1 | 0
About this home

FULLY RENOVATED** bright and spacious 3 bedroom condo, open concept with walk out to one of the biggest balconies in the building. Trespa custom wall for TV unit, pot lights in living/ dining room and kitchen, custom kitchen with plenty of cabinets, quartz countertops, newer stainless steel appliances, plumbing in kitchen redone 5 years ago, hookup for ventless washer/dryer if desired, newer electrical panel. Laminate flooring throughout, recently painted, very clean and well maintained unit. Very well managed building located in desirable neighborhood. Close to schools, public transit, major highways, Square One, parks, shopping. **CABLE TV and HIGH SPEED INTERNET INCLUDED in maintenance fee**

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$928
LockerNone
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$1,860
mls© NumberW13499290
Listed ByRIGHT AT HOME REALTY
Heat Included
Hydro Included
Water Included
Cable TV Included
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%
$2,431
Property tax
$155
Heat allowance
$150
Condo fees, half counted
$464
Housing costs
$3,200 / mo

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

Down payment20% · $95,000
25-yr amortization

Income needed

$98,000

gross annual household income

Payment at 4%
$1,999 / mo
Cash down
$95,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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