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902 - 4879 Kimbermount Avenue
Central Erin Mills, Mississauga
$394,000
Welcome to Unit 902 at Papillon Place a bright and spacious 1 Bedroom + Den suite offering comfortable, low-maintenance living in the heart of Central Erin Mills. Located on the 9th floor with desirable west exposure, this well-designed suite enjoys plenty of natural light and peaceful views overlooking the surrounding neighbourhood and green space below. The open-concept living and dining area offers a comfortable setting for everyday living and entertaining, with a walkout to the private balcony - the perfect spot to unwind and enjoy the elevated views. The generously sized primary bedroom features a large window and ample closet space, while the separate den provides valuable flexibility as a home office, nursery, guest area or additional living space. The suite includes in-suite laundry, one underground parking space and one storage locker for added convenience. Utilities are included in the maintenance fees, offering simple and predictable condo living. Papillon Place is a well-managed building with an impressive collection of amenities, including 24-hour concierge, indoor heated pool, hot tub, sauna, fitness centre, virtual golf, billiards, party rooms, rooftop terrace with BBQ area, EV charging and visitor parking. The location is exceptional. Erin Mills Town Centre, Credit Valley Hospital, restaurants, groceries, shops, medical services and public transit are all nearby. Residents also enjoy convenient access to highly regarded local schools including St. Aloysius Gonzaga Secondary School and John Fraser Secondary School and the University of Toronto Mississauga, GO Transit and major highways including the 403, 401, 407 and QEW. A fantastic opportunity for first-time buyers, downsizers, professionals or investors looking for a versatile 1+Den in one of Mississauga's most established and convenient communities. Enjoy the space, the views and everything Central Erin Mills has to offer - right at your doorstep.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 16-30 |
| Size | 600-699 sq. ft. |
| Maintenance Fees | $682 |
| Locker | Owned |
| Balcony | Open |
| Exposure | West |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Inside Entry, None, Reserved/Assigned, Underground |
| Property Tax | $3 |
| mls© Number | W13876336 |
| Listed By | ROYAL LEPAGE SIGNATURE REALTY |
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%
- $2,017
- Property tax
- $0
- Heat allowance
- $150
- Condo fees, half counted
- $341
- Housing costs
- $2,508 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$77,000
gross annual household income
- Payment at 4%
- $1,658 / mo
- Cash down
- $78,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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