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New1 day ago

204 - 1275 Cornerbrook Place

Erindale, Mississauga

$399,999

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

Spacious And Renovated Rarely Offered 2 Bedroom, 2 Full Washroom Condo, With 2 Underground Side By Side Parking And A Large Locker In Mississauga. Offering 1,000 Sq. Ft. Of Living Space, Beautifully Upgraded Kitchen Featuring Quartz Countertops, A Large Centre Island With Breakfast Bar, Stylish Backsplash. Naturally Light-Filled Condo Features 2 Generously Sized Bedrooms, 2 Full Bathrooms, Desirable split-Bedroom Layout Offers Excellent Privacy. Bright And Spacious Living, Dining Areas With Relatively New Flooring. Freshly Painted Throughout And Move-In Ready. Prime Location Close To University Of Toronto Mississauga Campus, Schools, Major Highways, Public Transit, Golf Clubs, Lake Ontario, Square One Shopping Centre, Erindale Park Etc. Walking Distance To Numerous Everyday Amenities And Conveniences. A Rare Opportunity To Own A Spacious, Upgraded 2 Bedroom, 2 Full Washroom Condo In A Desirable Mississauga Location With 2 Underground Side By Side Parking Spaces And A Large Locker.

Extras

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$1,000
LockerExclusive
BalconyNone
ExposureNorth
Parking TypeUnderground
Parking Spaces2
Parking FeaturesPrivate
Property Tax$2,546
mls© NumberW14175982
Listed ByROYAL LEPAGE FLOWER CITY REALTY
Building Insurance Included
Water Included
Cable TV 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%
$2,047
Property tax
$212
Heat allowance
$150
Condo fees, half counted
$500
Housing costs
$2,909 / mo

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

Down payment20% · $80,000
25-yr amortization

Income needed

$90,000

gross annual household income

Payment at 4%
$1,683 / mo
Cash down
$80,000

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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