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New2 hours ago

5707 - 3900 Confederation Parkway

City Centre, Mississauga

$489,900

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

<<< STUNNING! Beautiful Upgraded Large Unit with unobstructed View, 778 Sq.ft. >>> Wrapped Around Balcony for Great Enjoyment! (664 Sq.ft. + 114 sq.ft. Large Balcony) Prime Location in Mississauga City Centre! 9 ft. High Ceiling. <<< 2 Bedrooms + Media + 2 Baths. ). Floor to Ceiling Windows, Lots Of Natural Light <<< Luxury Condo, shows 10+++, Very Functional Floor Plan, Modern Kitchen With Centre Island, Lots Of Kitchen Cabinet Space, Condo features Luxurious facilities, State-of-the-Art Fitness Centre, Indoor Pool & Steam Room, Children Play Area, Lounge & Dining Space with Full Kitchen for Entertaining. Great Outdoor Terrace with BBQ, 24 Hr Concierge. <<< Very Central Location, Close To All Amenities, Square One Shopping, Living Arts Centre, Park, Shop, Restaurant,. Banks & all Major Hwys and Future LRT. *** One parking & One locker included.***Must See! Don't Miss Out!

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$572
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,710
mls© NumberW13852590
Listed ByRE/MAX REAL ESTATE CENTRE INC.
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • 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%
$2,508
Property tax
$309
Heat allowance
$150
Condo fees, half counted
$286
Housing costs
$3,253 / mo

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

Down payment20% · $97,980
25-yr amortization

Income needed

$100,000

gross annual household income

Payment at 4%
$2,062 / mo
Cash down
$97,980

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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