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New5 days ago

PH7 - 2565 Erin Centre Boulevard

Central Erin Mills, Mississauga

$499,000

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

Rarely available and beautifully updated penthouse residence with south views facing the lake and located in the heart of Central Erin Mills in Mississauga! Freshly painted throughout, this bright and inviting 2 bedroom, 2 bathroom condo offers a desirable sunny south exposure, filling the space with natural light and features a walkout to a private balcony with panoramic views. The open concept layout features a stylish kitchen complete with stone countertops, a breakfast bar and stainless steel appliances, flowing effortlessly into the living and dining areas. The spacious primary bedroom is a true retreat, including a renovated 3 piece ensuite, while the second bedroom offers flexibility for guests or a home office. Added conveniences include a huge storage locker located directly in front of the owned parking spot, making everyday living both comfortable and practical. Building amenities includes 24 hour gated security, an indoor pool, hot tub, sauna, gym, tennis court, party room, games room, library & plenty of visitor parking. A rare penthouse opportunity in a sought after neighbourhood steps to shopping, transit, parks, highly rated schools and all urban amenities including Erin Mills Town Centre with all of its shops and restaurants. Close to Credit Valley Hospital and easy access to highways 403, 401 & 407.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$957
LockerExclusive
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,039
mls© NumberW13621972
Listed ByRoyal LePage Real Estate Associates
Heat Included
Hydro Included
Water Included
Building Insurance Included
Common Elements 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%
$2,554
Property tax
$253
Heat allowance
$150
Condo fees, half counted
$478
Housing costs
$3,436 / mo

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

Down payment20% · $99,800
25-yr amortization

Income needed

$106,000

gross annual household income

Payment at 4%
$2,100 / mo
Cash down
$99,800

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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