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Listed 22 days ago

907 - 3025 Queen Frederica Drive

Applewood, Mississauga

$545,000

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

Welcome to this bright and spacious 3-bedroom, 2-bathroom condo in the highly desirable Applewood community, offering nearly 1,200 sq. ft. of comfortable living space. The open-concept living and dining area is filled with natural light and walks out to a large private balcony. The well-appointed kitchen features stainless steel appliances and ample cabinetry, while three generously sized bedrooms provide plenty of space for families, professionals, those working from home or investors with monthly rental of $3,150.This condo unit is freshly painted, enjoy the convenience of ensuite laundry, an ensuite storage room, and one owned parking space. Ideally located close to shopping, restaurants, schools, parks, and public transit, with direct access to UTM and Dixie GO Station. Residents also enjoy exceptional building amenities, including an indoor swimming pool, sauna, exercise room, and tennis courts.

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. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$634
LockerEnsuite+Exclusive
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,512
mls© NumberW13559010
Listed ByCENTURY 21 PROPERTY ZONE REALTY INC.
Cable TV Included
Common Elements Included
Building Insurance Included
Parking Included
Water 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%
$2,790
Property tax
$209
Heat allowance
$150
Condo fees, half counted
$317
Housing costs
$3,466 / mo

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

Down payment20% · $109,000
25-yr amortization

Income needed

$107,000

gross annual household income

Payment at 4%
$2,293 / mo
Cash down
$109,000

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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