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New3 hours ago

405 - 4889 Kimbermount Avenue

Central Erin Mills, Mississauga

$509,000

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

A must see! This 778sf 2 bedroom (split plan), 1 bathroom unit has undergone extensive BRAND NEW updates: new Luxury Vinyl Flooring throughout, professionally painted throughout, professionally refinished Kitchen cabinetry with soft close hinges, new quartz Kitchen counter with oversized stainless steel sink, new Bathroom vanity and Bathroom faucets, and new lighting throughout. This open concept, quiet unit is bright and spacious, facing South overlooking John Pallett Park. Condo fees include all utilities (heat/hydro/water). Location is fantastic with abundant shopping and dining within walking distance, public transit at your doorstep, and Credit Valley Hospital less than 5 minutes away. Enjoy the carefree lifestyle with robust building amenities: 24hr concierge/security, indoor pool & hot tub, gym, exercise room, two party rooms, games room, outdoor patio, and plenty of visitor parking. This address lies within a top ranked school district (Credit Valley Elementary School and John Fraser High School). Underground parking space and locker included. Vacant and ready for your move in! Don't miss this great opportunity for 1st time buyers, empty nesters, or anyone looking for a high quality, low maintenance lifestyle in a high demand community of Mississauga.

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size700-799 sq. ft.
Maintenance Fees$755
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,046
mls© NumberW13875342
Listed ByRE/MAX ESCARPMENT REALTY INC.
Heat Included
Hydro Included
Water Included
CAC Included
Common Elements Included
Building Insurance 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%
$2,605
Property tax
$254
Heat allowance
$150
Condo fees, half counted
$378
Housing costs
$3,387 / mo

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

Down payment20% · $101,800
25-yr amortization

Income needed

$104,000

gross annual household income

Payment at 4%
$2,142 / mo
Cash down
$101,800

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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