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New2 hours ago

3 - 3425 Ridgeway Drive

Erin Mills, Mississauga

$619,000

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

Welcome to modern living in the heart of Erin Mills! This bright 2-bed, 3-bath stacked townhome in The Way offers 917 sq.ft. across beautifully finished levels, plus 1 owned underground parking spot and a private locker.The open-concept main floor shines with wide-plank laminate flooring, a walk-out to your own outdoor space, and a chef-inspired kitchen boasting quartz counters, white cabinetry, and stainless steel appliances. A convenient 2-pc powder bath completes this level.Upstairs, the spacious primary bedroom features a private ensuite, alongside a second generous bedroom, main bath, and dedicated laundry closet for effortless everyday living.Set within a striking brick, siding, and stucco building with professionally landscaped grounds and rooftop terraces, this vibrant Erin Mills community sits right at The Collegeway & Ridgeway Drive-steps to Highways 403/407, Erindale GO, UTM, Erin Mills Town Centre, Credit Valley Hospital, Costco, parks, schools, and more!Forced-air gas heat, central air, and low-maintenance condo living (fees include heat, CAC, common elements, building insurance & parking) make this the perfect fit for first-time buyers, downsizers, or investors alike.Move-in ready and made for modern life-welcome home!

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Townhouse
Style2-Storey
Approx. AgeNot available
Size900-999 sq. ft.
Maintenance Fees$382
LockerOwned
BalconyEnclosed
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,856
mls© NumberW13763268
Listed ByEXP REALTY
Heat Included
CAC Included
Common Elements Included
Parking Included
Building Insurance 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%
$3,168
Property tax
$321
Heat allowance
$150
Condo fees, half counted
$191
Housing costs
$3,831 / mo

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

Down payment20% · $123,800
25-yr amortization

Income needed

$118,000

gross annual household income

Payment at 4%
$2,605 / mo
Cash down
$123,800

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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