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1 / 0
New1 hour ago

505 - 220 Burnhamthorpe Road W

City Centre, Mississauga

$724,900

Condo Apartment |
2 + 1 | 3 | 1 | 0
About this home

Welcome to this bright and beautifully updated 2+1 bedroom loft offering approximately 1,100 sq. ft. of stylish living space in the heart of the Square One area! Featuring dramatic 18-ft ceilings and an abundance of natural light, this unique two-storey layout delivers an impressive sense of space rarely found in condo living. The main level features updated laminate flooring, a spacious open-concept living and dining area, and a modern kitchen complete with stainless steel appliances and a convenient breakfast bar-perfect for everyday living and entertaining, along with additional living space ideal for home office or den. Step outside to your private balcony overlooking green space, providing a relaxing outdoor escape right in the city. The upper level offers a generous primary bedroom with a walk-in closet, along with an additional 2nd Bedroom. Freshly painted throughout with updated light fixtures and clean, updated bathrooms, this move-in-ready suite has been thoughtfully refreshed from top to bottom. Located in a well-managed condominium with an excellent selection of amenities, including an indoor pool, gym, sauna, media room, outdoor patio and BBQ area, and security. Even better, the maintenance fees include hydro, heat and water, making monthly expenses simple and predictable. Enjoy an exceptional central location just minutes from Square One, shopping, restaurants, transit, parks and major highways. A spacious, sun-filled loft combining convenience, character and contemporary updates-an excellent opportunity to enjoy urban living with room to breathe.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleLoft
Approx. Age16-30
Size1000-1199 sq. ft.
Maintenance Fees$852
LockerNone
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,949
mls© NumberW13798928
Listed ByROYAL LEPAGE REAL ESTATE SERVICES LTD.
CAC Included
Common Elements Included
Heat Included
Hydro Included
Building Insurance Included
Parking Included
Water 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%
$3,710
Property tax
$329
Heat allowance
$150
Condo fees, half counted
$426
Housing costs
$4,615 / mo

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

Down payment20% · $144,980
25-yr amortization

Income needed

$142,000

gross annual household income

Payment at 4%
$3,050 / mo
Cash down
$144,980

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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