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New2 hours ago

401 - 30 Elm Drive W

Fairview, Mississauga

$620,000

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

Discover the place where elegant features and design meet a vibrant location in what will be known as downtown Mississauga's best quality Condo Tower for years to come. This almost new 2 bed 2 bath suite awaits with huge wrap around terrace, & lovely view . Luxurious features include 9 foot smooth ceilings, fully integrated or stainless steel luxury kitchen appliances, full size stack-able washer and dryer, quartz counter tops and island, stainless steel, under-mount sink, pull out spray tap, ceramic backsplash, and under valance lighting. Also premium laminate floors, and ceramic floors in bathrooms and laundry. Steps to Square One with world class shopping, Whole foods, Walmart, trendy restaurants and coffee shops. On the future LRT line and also just a short walk to Cooksville Go Train Station with quick access to Union Station. A 24 hour concierge will welcome your guests into a lobby that is like a high end hotel with marble floors and venetian columns. The finely designed amenities include a party room with a spacious terrace, bbqs and alfresco dining, guest suites, a gym, yoga studio, movie theater, galleria, wifi lounge, games room, and never any waiting with 5 high speed elevators. (Note: Unlimited, High speed internet is included in the maintenance fee.)

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size700-799 sq. ft.
Maintenance Fees$1
LockerOwned
BalconyTerrace
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1
mls© NumberW14091896
Listed ByDAVIE REAL ESTATE INC.
Heat Included
CAC Included
Building Insurance Included
Water Included
Common Elements 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%
$3,173
Property tax
$0
Heat allowance
$150
Condo fees, half counted
$1
Housing costs
$3,324 / mo

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

Down payment20% · $124,000
25-yr amortization

Income needed

$102,000

gross annual household income

Payment at 4%
$2,609 / mo
Cash down
$124,000

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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