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New2 hours ago

203 - 4889 Kimbermount Avenue

Central Erin Mills, Mississauga

$599,999

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

Welcome to Papillon Place-one of Central Erin Mills' most coveted addresses. This expansive, 2-bedroom, 2-bathroom corner suite delivers an abundance of natural light and a functional layout designed for modern living.Completely turnkey and meticulously upgraded, this home features seamless, carpet-free luxury vinyl flooring throughout, custom window blinds, and a custom-designed primary walk-in closet with upgraded storage shelving. Embrace effortless living.The Perks: Enjoy ultimate budget predictability with all utilities included in the maintenance fee. The unit comes complete with 1 underground parking space and an oversized locker.Building Amenities: Indulge in resort-style amenities featuring an indoor heated pool with a jacuzzi, sauna, newly upgraded fitness centre, party room, billiards lounge, and an outdoor terrace with a BBQ area. The building is also fully EV-charging enabled.Unbeatable Location: Situated in a prestigious, family-friendly neighborhood within top-ranked school districts (John Fraser, Gonzaga, and Credit Valley). Moments away from Credit Valley Hospital, Erin Mills Town Centre, major highways, public transit, and the GO station. A rare blend of space, style, and convenience-schedule your tour today!

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleMulti-Level
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$850
LockerOwned
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,267
mls© NumberW13745318
Listed ByHOMELIFE/MIRACLE REALTY LTD
Heat Included
Hydro Included
Water Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

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  • 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%
$3,071
Property tax
$272
Heat allowance
$150
Condo fees, half counted
$425
Housing costs
$3,918 / mo

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

Down payment20% · $120,000
25-yr amortization

Income needed

$121,000

gross annual household income

Payment at 4%
$2,525 / mo
Cash down
$120,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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