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New6 days ago

1010 - 4850 Glen Erin Drive

Central Erin Mills, Mississauga

$399,900

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

Welcome to one of Mississauga's most underrated condominium communities! Built by the highly regarded Pemberton Group, this well-managed building offers an exceptional location with outstanding convenience. Enjoy easy access to Highways 403 and 401, a short drive to the Streetsville GO Station, and an impressive selection of amenities just steps away, including Erin Mills Town Centre, Loblaws, Shoppers Drug Mart, major banks, LCBO, restaurants, cafés, and numerous big-box retailers. Credit Valley Hospital, parks, schools, and countless other everyday conveniences are all nearby. Inside, this thoughtfully designed 655 square foot suite (per builder's plan) offers an excellent layout featuring one bedroom plus a separate den/home office. Wood laminate flooring runs throughout the unit, while the spacious kitchen boasts ample cabinetry and a peninsula with breakfast bar, perfect for casual dining or entertaining. The open-concept living and dining area easily accommodates full-sized furniture and walks out to a private balcony, creating a bright and comfortable living space you'll be proud to call home. Residents enjoy an excellent selection of amenities, including an indoor pool, sauna, fully equipped weight room, separate cardio room, and party room. For added convenience, the amenity building can also be accessed directly from the P1 parking level. One underground parking space and a storage locker are also included.

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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
Size600-699 sq. ft.
Maintenance Fees$634
LockerOwned
BalconyOpen
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,970
mls© NumberW13620532
Listed ByRE/MAX REALTRON REALTY INC.
Heat Included
Common Elements Included
Building Insurance Included
Parking Included
CAC 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
$247
Heat allowance
$150
Condo fees, half counted
$317
Housing costs
$2,761 / mo

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

Down payment20% · $79,980
25-yr amortization

Income needed

$85,000

gross annual household income

Payment at 4%
$1,683 / mo
Cash down
$79,980

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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