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Listed 2 months ago

408 - 2323 Confederation Parkway

Cooksville, Mississauga

$385,000

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

What An Amazing Location! Spacious 1290 Sqft Unit With Tons Of Sunlight! 3+1 Bedrooms Unit With Enclosed Balcony. Perfect For Family Sized Living. Close To Hospital, Qew, Schools, Transportation, Mins To Sq1, Hwy 403, Port Credit & The Cooksville Go. This Great Unit Has Tremendous Value, Stainless Steel Appliances, Extra Cabinets In Kitchen & Master Bedroom 2PC Ensuite. Maintenance Fee Include All Utilities (Excluding Cable).

Extras

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age51-99
Size1200-1399 sq. ft.
Maintenance Fees$1,351
LockerOwned
BalconyEnclosed
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesPrivate
Property Tax$2,198
mls© NumberW13466686
Listed ByROYAL LEPAGE REALTY PLUS
Heat Included
Hydro Included
Water Included
CAC Included
Common Elements Included
Building Insurance 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%
$1,971
Property tax
$183
Heat allowance
$150
Condo fees, half counted
$676
Housing costs
$2,979 / mo

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

Down payment20% · $77,000
25-yr amortization

Income needed

$92,000

gross annual household income

Payment at 4%
$1,620 / mo
Cash down
$77,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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Comparable sales

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