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New1 hour ago

505 - 25 Fairview Road

Fairview, Mississauga

$379,999

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

Location, convenience and affordability! Welcome to suite 505 of 25 Fairview Road W - a 983 Sq. Ft., two bedroom condominium with two full bathrooms, one parking space, one locker and ensuite laundry. The primary room is equipped with a master walk-in closet and a 5-piece ensuite bathroom with a separate shower tub and stand-up shower for added luxury and convenience. This property is an excellent opportunity for first-time home buyers, retirees, and investors. Building features include an exercise room, an indoor pool, sauna, party room and convenient access from the building directly to Hurontario St. Located close to Square One Mall, the GO Station, major transit routes and major roads. Centered between two major highways (QEW & Highway 403), this residence is located immediately in front of a future Hurontario LRT line, accessible directly from the building along the Hurontario St. corridor. A practical opportunity in a well-connected location. Bell T.V. & 5G Internet are included in the maintenance fee.

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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
Size900-999 sq. ft.
Maintenance Fees$1,205
LockerExclusive
BalconyNone
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,161
mls© NumberW13821166
Listed ByHARVEY KALLES REAL ESTATE LTD.
Common Elements Included
Water Included
CAC Included
Cable TV 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%
$1,945
Property tax
$180
Heat allowance
$150
Condo fees, half counted
$602
Housing costs
$2,878 / mo

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

Down payment20% · $76,000
25-yr amortization

Income needed

$89,000

gross annual household income

Payment at 4%
$1,599 / mo
Cash down
$76,000

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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