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New2 hours ago

220 - 35 Watergarden Drive

Hurontario, Mississauga

$774,900

Condo Apartment |
3 | 2 | 2 | 1
About this home

Unique duly furnished condo with 2 HVAC units, 2 Car Parkings, 2 Lockers, Living/Dining size Terrace and large balcony as well. Exceptional hallway when exiting unit with only one neighbor looks like a semi-detached home. You can exit with a lockable staircase to exit the building without using the elevator. The building is right at LRT station (Eglinton). All the schools nearby and a great clean ravine park next to the building. Walk to Tim Hortons, Scotia and CIBC bank, Shoppers Drug Mart, Beer Store, Cobs Bread and all kind of restaurants and walking clinic. Again it is an exceptional property with converted 3rd bedroom and a den space for great entertainment. Square footage is measured to 950 excluding about 350 square feet terrace and about 160 square feet of balcony. Again it has 2 car parkings and 2 storages you can rent it of you don't use it. Price is negotiable, bring all offers. Closing is flexible. Living and Dining furniture included in the price.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size900-999 sq. ft.
Maintenance Fees$767
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces2
Parking FeaturesNone
Property Tax$3,867
mls© NumberW13720760
Listed ByMIZONE REALTY INC.
Heat Included
Water Included
CAC Included
Building Insurance Included

Listing History

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  • 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%
$3,966
Property tax
$322
Heat allowance
$150
Condo fees, half counted
$384
Housing costs
$4,822 / mo

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

Down payment20% · $154,980
25-yr amortization

Income needed

$148,000

gross annual household income

Payment at 4%
$3,261 / mo
Cash down
$154,980

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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