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New3 days ago

309 - 3900 Confederation Parkway

City Centre, Mississauga

$450,000

Condo Apartment |
1 + 1 | 1 | 1 | 0
About this home

Welcome to M City, A Landmark Development Redefining Urban Living And Enhancing Mississauga's Skyline. The Luxury Condo Is Ideally Located In Downtown Mississauga, Just Steps From Square One, Sheridan College, Future LRT And More. This 1+Den Suite Features Soaring TEN FEET & SIX INCHES (10.5 Feet Height) Smooth Ceilings. 583 sq. ft. + 133 sq. ft. Den With Sliding Door. Floor To Ceiling Windows. Laminate Flooring. Two Upgraded Frameless Mirrored Closets. Custom Designed Kitchen Cabinetry. 2-Storey Lobby With Hotel-Style Lounge Area, Fitness Centre, Steam Room, Game Room, Outdoor Saltwater Pool, Splash Pad, BBQ & Grill Station, Patio and Lounge, Seasonal Outdoor Skating Rink & Guest Suites. Included 1 Parking Spot.

Extras

No extras listed.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size500-599 sq. ft.
Maintenance Fees$494
LockerNone
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,992
mls© NumberW13629958
Listed ByHOMEART REALTY SERVICES INC.
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%
$2,303
Property tax
$249
Heat allowance
$150
Condo fees, half counted
$247
Housing costs
$2,950 / mo

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

Down payment20% · $90,000
25-yr amortization

Income needed

$91,000

gross annual household income

Payment at 4%
$1,894 / mo
Cash down
$90,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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