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1003 - 220 Forum Drive
Hurontario, Mississauga
$425,000
Check out this sunny, south facing unit in a quiet building close to, but away from the crowded Square One corridor. If you are looking for natural light, then you get it here with a south facing and large balcony. The balcony features a modular glass enclosure allowing for a fully enclosed balcony when desired! Great amenities include outdoor pool, perfect for hazy summer days! Generous, 632 sq ft floor plan with open concept kitchen including breakfast bar. Unit includes parking, locker and large balcony. Easy access to 403/401/410 to get anywhere in a flash! Great area shopping too including Square One, big box stores, restaurants and more. Ideal for first-time home buyers! Affordable, low maintenance fees, in a well-run building. This place is perfect for you!
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 16-30 |
| Size | 600-699 sq. ft. |
| Maintenance Fees | $539 |
| Locker | Owned |
| Balcony | Open |
| Exposure | South |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $2,611 |
| mls© Number | W13647818 |
| Listed By | ROYAL LEPAGE TERREQUITY PRINCIPLED REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,175
- Property tax
- $218
- Heat allowance
- $150
- Condo fees, half counted
- $270
- Housing costs
- $2,813 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$87,000
gross annual household income
- Payment at 4%
- $1,788 / mo
- Cash down
- $85,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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