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16 - 3415 Ridgeway Drive
Erin Mills, Mississauga
$614,999
Newly Constructed "The Way Urban Towns" complex. 1349 sqft of luxury living With 2 beds, 3 baths, ample living space and Terrace patio. Brand New townhouse with abundant Natural Light. Spacious Open Concept Layout Perfect For Entertaining. Balcony On Main Level. Upgraded Kitchen with Quarts countertop and deep over fridge cabinet. Separate Pantry. Beautiful Upgraded Wide Plank Wood Floors on main level, prime location In The Heart Of The Erin Mills Neighborhood Close To Major Highways, Erin dale Go Station, Transit, Walk To Beautiful Parks, Trails, Restaurants, Community Centre, Shopping Mall, Costco, Library, Schools & University Of Toronto (Mississauga Campus) this home is perfect for families.
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| Type | Condo Townhouse |
| Style | Stacked Townhouse |
| Approx. Age | Not available |
| Size | 1200-1399 sq. ft. |
| Maintenance Fees | $467 |
| Locker | Ensuite+Common |
| Balcony | Open |
| Exposure | East |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $4,504 |
| mls© Number | W13498998 |
| Listed By | HOMELIFE/MIRACLE REALTY LTD |
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%
- $3,148
- Property tax
- $375
- Heat allowance
- $150
- Condo fees, half counted
- $233
- Housing costs
- $3,907 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$120,000
gross annual household income
- Payment at 4%
- $2,588 / mo
- Cash down
- $123,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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