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New1 hour ago

609 - 2177 Burnhamthorpe Road

Erin Mills, Mississauga

$499,000

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

Welcome to this exceptional oversized 2-bedroom corner suite in a desirable gated condominium community! Offering an abundance of space, natural light, and spectacular views, this well-appointed unit is an excellent opportunity for both homeowners and investors. Enjoy a spacious and functional layout complemented by modern décor, generous living areas, and expansive windows offering beautiful views from multiple rooms. The versatile solarium provides additional living space that can be used as a home office, reading area, or relaxing retreat. Residents have access to an impressive array of resort-style amenities, including 24-hour gated security, indoor swimming pool, squash court, exercise room/gym, BBQ area, party room, and library. Ideally located close to two major shopping malls, public transit, UTM, Credit Valley Hospital, restaurants, schools, parks, and everyday conveniences. A wonderful opportunity to own a spacious corner suite in a well-connected community with an outstanding selection of amenities. Don't miss this opportunity to own a rarely offered oversized 2-bedroom in a prime location!

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$1,222
LockerOwned
BalconyNone
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,226
mls© NumberW13718122
Listed ByHOMELIFE/MIRACLE REALTY LTD
Heat Included
Hydro Included
Water Included
Common Elements Included
Parking 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%
$2,554
Property tax
$269
Heat allowance
$150
Condo fees, half counted
$611
Housing costs
$3,584 / mo

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

Down payment20% · $99,800
25-yr amortization

Income needed

$110,000

gross annual household income

Payment at 4%
$2,100 / mo
Cash down
$99,800

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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