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Listed 14 days ago

1408 - 2155 Burnhamthorpe Road W

Erin Mills, Mississauga

$435,000

Condo Apartment |
1 + 1 | 1 | 1 | 1
About this home

Welcome to this stunning and modern 1+1 bedroom unit located in one of Mississauga's most sought-after gated communities, near shopping, dining, schools, transit, access to major highways, and all amenities. This unit features a functional open-concept layout filled with natural light and spectacular panoramic views. The open-concept style also features a versatile den, perfect for a home office, guest room, or additional living space. The upgraded kitchen is designed for both style and function, featuring sleek granite countertops, and stainless steel appliances, while the modern laminate flooring throughout offers elegance and easy maintenance. The maintenance fees are all-inclusive and include heat, hydro, water, air conditioning, internet, cable TV, building insurance, parking, an exceptionally oversized locker and common elements. A 24-hour gatehouse provides security and peace of mind for the residents, while the building's amenities cater to an amazing active and social lifestyle by providing a fully equipped gym, indoor swimming pool, relaxing sauna, squash courts, partyroom, and a car wash station. This is a truly fantastic opportunity for first-time buyers, downsizers, and investors alike! Do not miss the opportunity to see this gem!

Extras

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Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size700-799 sq. ft.
Maintenance Fees$771
LockerOwned
BalconyNone
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,600
mls© NumberW13597344
Listed ByRE/MAX EXPERTS
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%
$2,227
Property tax
$217
Heat allowance
$150
Condo fees, half counted
$385
Housing costs
$2,979 / mo

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

Down payment20% · $87,000
25-yr amortization

Income needed

$92,000

gross annual household income

Payment at 4%
$1,831 / mo
Cash down
$87,000

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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