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Listed 28 days ago

50 - 5950 Glen Erin Drive

Central Erin Mills, Mississauga

$838,888

Condo Townhouse |
3 | 4 | 2 | 0
About this home

Nestled within the highly coveted, family-centric Central Erin Mills enclave, the Daniels Britannia Terraces complex has one of the lowest maintenance fees in the area. This rare, sun-drenched end-unit unit showcases an airy, open-concept layout enhanced by extra windows and a premium lot position backing onto a serene parkette. Newly renovated interior! The whole house has been repainted including ceiling, door frames, window trim & baseboards. New light fixtures. The kitchen boasts all brand new cabinetry with custom pullout spice rack & wine rack, quartz counter top with matching backsplash, rangehood, modern workstation sink with rollup drying rack & sliding cutting board plus digital temperature display faucet. New light fixtures & accessories in powder rm. New bathrm vanities, mirrors, lighting, sinks, faucets & accessories on 2nd level. Brand new large tile flooring in foyer & kitchen plus new vinyl flooring & stairs in bsmt. The fully finished bsmt expands the living space with a versatile recreation rm and a convenient 3pc bathrm. Seamless daily functionality is assured with direct garage access & private driveway. This blue-chip location boasts an exceptional walkability profile, positioning residents mere steps from bustling retail strips, daily gourmet conveniences, and pristine local parklands. Strategically engineered for discerning families & commuters alike, the property commands an elite educational cachet with seamless district access to top-tier ranked institutions including John Fraser and St. Aloysius Gonzaga Secondary Schools. Commuter logistics are equally unparalleled, offering rapid transit connectivity via the immediate Hwy 403/407 network, the Erin Mills Transit way, and both the Streetsville & Lisgar GO Stns, solidifying this property as a premier residential address and a highly stable, appreciating real estate investment. Move in ready! Listing contains virtually staged photos, actual property is vacant.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Townhouse
Style2-Storey
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$410
LockerNone
BalconyNone
ExposureSouth
Parking TypeBuilt-In
Parking Spaces2
Parking FeaturesPrivate
Property Tax$4,906
mls© NumberW13536926
Listed ByROYAL LEPAGE TERREQUITY REALTY
Parking Included
Building Insurance Included
Common Elements 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%
$4,294
Property tax
$409
Heat allowance
$150
Condo fees, half counted
$205
Housing costs
$5,057 / mo

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

Down payment20% · $167,778
25-yr amortization

Income needed

$156,000

gross annual household income

Payment at 4%
$3,530 / mo
Cash down
$167,778

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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