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New5 hours ago

5701 - 4015 The Exchange N/A

City Centre, Mississauga

$689,900

Condo Apartment |
2 | 2 | 0 | 0
About this home

Amazingly Beautiful, 2 Br, 2 Bath Condo at Prestigious Exchange District. Live at the Heart of City, a sleek and contemporary residence located in the vibrant core of downtown Mississauga. Step outside and find yourself moments from Square One, Celebration Square, renowned dining spots, and an abundance of shopping and entertainment options. The location is ideal for commuters, offering seamless access to the City Centre Transit Terminal, MiWay, and GO Transit. Sheridan College's Hazel McCallion Campus is within walking distance, while University of Toronto Mississauga is easily reachable by public transit. To top it off, high-speed Internet is included, making this home perfect for professionals, students, or anyone seeking comfort and connectivity in a prime location ! Taxes not yet assessed. Geothermal heat source.

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$500
LockerNone
BalconyOpen
ExposureNorth
Parking TypeNone
Parking Spaces0
Parking FeaturesUnderground
Property Tax---
mls© NumberW13805240
Listed ByROYAL LEPAGE SIGNATURE REALTY
Common Elements Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,531
Property tax (estimated)
$0
Heat allowance
$150
Condo fees, half counted
$250
Housing costs
$3,931 / mo

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

Down payment20% · $137,980
25-yr amortization

Income needed

$121,000

gross annual household income

Payment at 4%
$2,903 / mo
Cash down
$137,980

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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