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New2 hours ago

16 - 3250 The Credit Woodlands N/A

Erindale, Mississauga

$614,000

Condo Townhouse |
3 | 3 | 2 | 0
About this home

Your dream home awaits in legendary Erindale, Mississauga! This beautifully updated 3 + 2-bedroom, 3-bathroom townhome offers an open-concept main floor, finished basement, stainless steel appliances, fresh neutral paint throughout, and numerous upgrades.Enjoy peace of mind with several improvements, including new basement flooring, new second-floor flooring, laundry room improvements with a new sink and faucet, stove upgraded with new parts, basement drywall repairs, and brand-new smoke and carbon monoxide detectors. Roof, window, insulation, attic and mold remediation work has already been completed by the Condominium Corporation/Management.Ideally located across from Springfield Public School and close to The Woodlands Secondary, St. Gerard Elementary and St. Jerome Separate School. Surrounded by the beautiful Riverwood Conservancy, Erindale Park and Credit River, offering exceptional natural surroundings year-round.Convenient access to Hwy 403, QEW and Erindale GO Station, with UTM, Credit Valley Hospital, Square One and Westdale Mall all nearby. Move-in ready with many upgrades-nothing to do but enjoy! Monthly maintenance fee of $610 includes water and covers exterior maintenance and services, including roof maintenance/repairs, exterior wall repairs, seals and other exterior-related upkeep.Status Certificate available and updated as of September 28, 2026.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Townhouse
Style2-Storey
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$610
LockerNone
BalconyNone
ExposureNorth East
Parking TypeNone
Parking Spaces2
Parking FeaturesSurface
Property Tax$3,674
mls© NumberW13851766
Listed ByZOLO REALTY
Water Included
Common Elements 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%
$3,143
Property tax
$306
Heat allowance
$150
Condo fees, half counted
$305
Housing costs
$3,904 / mo

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

Down payment20% · $122,800
25-yr amortization

Income needed

$120,000

gross annual household income

Payment at 4%
$2,584 / mo
Cash down
$122,800

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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