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Listed 22 days ago

403 - 2520 Eglinton Avenue W

Central Erin Mills, Mississauga

$450,000

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

One Bedroom Plus Den with 2 full washrooms in the prestigious Daniel building * The "ARC". Located At the Corner ofEglinton and Erin Mills. in the Heart of Daniel Erin Mills Master Plan Community. Spacious, Open Concept with Soaring 10 Feet Ceiling, CentreIsland in Kitchen and Plenty of Cupboards. Private Den for Yours to use, Ensuite Laundry, Stainless Steel Appliances, Right in Front of The ErinMills Mall and Credit View Hospital, Convenience of All Sorts at The Doorstep. Steps To All Amenities, Public Transit,403, Go Station & MuchMore Full Court Gym, Fitness Centre, BBQ Stations, Lounge & Media Room.

Extras

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size600-699 sq. ft.
Maintenance Fees$538
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,184
mls© NumberW13560880
Listed ByRE/MAX REAL ESTATE CENTRE INC.
Heat Included
Water Included
CAC 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%
$2,303
Property tax
$182
Heat allowance
$150
Condo fees, half counted
$269
Housing costs
$2,904 / mo

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

Down payment20% · $90,000
25-yr amortization

Income needed

$89,000

gross annual household income

Payment at 4%
$1,894 / mo
Cash down
$90,000

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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