New4 hours ago
483 FAITH Avenue
Hurontario, Mississauga
$539,900
Condo Apartment |
2 | 2 | 2
About this home
****1102 sqft***2 BEDROOMS****2 WASHROOMS***2 UNDERGROUND PARKING SPOTS***BALCONY***ENSUITE LAUNDRY***SUNNY S/W EXPOSURE***
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 1000-1199 sq. ft. |
| Maintenance Fees | $1,355 |
| Locker | Ensuite |
| Balcony | Open |
| Exposure | South West |
| Parking Type | Underground |
| Parking Spaces | 2 |
| Parking Features | None |
| Property Tax | $4,042 |
| Lot Size | x |
| mls© Number | W13764554 |
| Listed By | RIGHT AT HOME REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,763
- Property tax
- $337
- Heat allowance
- $150
- Condo fees, half counted
- $678
- Housing costs
- $3,928 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $107,980
25-yr amortization
Income needed
$121,000
gross annual household income
- Payment at 4%
- $2,272 / mo
- Cash down
- $107,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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