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New3 hours ago

801 - 1615 Bloor Street

Applewood, Mississauga

$440,000

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

Don't miss the tremendous opportunity to own this spacious and bright 1,094sf 3 bedroom corner unit in a prime location of Mississauga. This carpet-free condo apartment has many updates in the kitchen and bathrooms, quality laminate flooring throughout, as well as new paint and premium baseboard trim throughout. Extra features include the convenience of ensuite laundry (in kitchen) , large ensuite storage room, and the peace of mind of extra clean drinking water in the kitchen with a reverse osmosis filtration system. Enjoy the western exposure providing extra sunlight and beautiful views of Mississauga's downtown skyline from your oversized balcony. Condo fees include all major utilities of heat, hydro and water! Enjoy the abundant amenities this residence has to offer including outdoor swimming pools, playground, sauna, gym, security system, party and meeting rooms, and on-site daycare (managed separately by Educare Children's Center). Location is ideal with Rockwood Mall shopping nearby, parks, library, Burnhamthorpe Community Center, Queensway Mississauga Hospital, as well as all major highways. Short 10 minute walk to Brian Fleming Elementary School.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. Age51-99
Size1000-1199 sq. ft.
Maintenance Fees$879
LockerEnsuite
BalconyOpen
ExposureWest
Parking TypeNone
Parking Spaces1
Parking FeaturesSurface
Property Tax$2,328
mls© NumberW14159860
Listed ByRE/MAX ESCARPMENT REALTY INC.
Heat Included
Water Included
Common Elements Included
Building Insurance Included
Hydro Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,252
Property tax
$194
Heat allowance
$150
Condo fees, half counted
$439
Housing costs
$3,036 / mo

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

Down payment20% · $88,000
25-yr amortization

Income needed

$93,000

gross annual household income

Payment at 4%
$1,852 / mo
Cash down
$88,000

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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