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Central Erin Mills, Mississauga
$1,299,900
A true gem in Central Erin Mills! Beautifully updated and meticulously maintained owner-occupied home showcasing a modern, contemporary design throughout. The main and second floors were tastefully renovated in 2021, featuring clean lines, elegant finishes, and a warm, inviting atmosphere. The fully renovated basement, completed in 2024, offers additional versatile living space.Enjoy peace of mind with numerous major upgrades, including all windows and the front entrance door replaced in 2021, driveway updated in 2021, furnace and air conditioning replaced in 2019, and a new roof in 2024. Featuring stylish modern bathrooms, contemporary flooring, pot lights, smart light switches, and thoughtfully selected finishes, this home reflects true pride of ownership. A wonderful opportunity to own a move-in-ready home with extensive renovations and major improvements already completed. Excellent school zones and easy access to Hwy 403, public transportation, schools and parks. Don't miss this exceptional opportunity!
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,653
- Property tax
- $740
- Heat allowance
- $150
- Housing costs
- $7,543 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$232,000
gross annual household income
- Payment at 4%
- $5,470 / mo
- Cash down
- $259,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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