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1 / 0
New1 hour ago

502 - 50 Elm Drive E

Mississauga Valleys, Mississauga

$610,000

Condo Apartment |
3 | 2 | 4 | 1
About this home

Spacious Corner Unit at The Aspenview in Mississauga! This bright and inviting 3-bedroom, 2-bathroom suite offers an open-concept layout with an abundance of natural light and generous living space. The modern kitchen features stainless-steel appliances and opens to a private balcony with fantastic city views. The thoughtfully designed split-bedroom layout provides excellent privacy, with spacious bedrooms and well-appointed bathrooms. Additional highlights include ample storage and convenient in-suite laundry. Residents enjoy an impressive selection of building amenities, including a gym, billiards room, library, party room, tennis courts, visitor parking, and more. The unit also includes two underground parking spaces and a locker. Ideally located close to shopping, schools, trails, public transit, and major highways, this exceptional home combines comfort, convenience, and lifestyle amenities in one desirable location.

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$1,176
LockerExclusive
BalconyEnclosed
ExposureSouth East
Parking TypeUnderground
Parking Spaces4
Parking FeaturesUnderground
Property Tax$2,894
mls© NumberW14128760
Listed ByHOMELIFE/MIRACLE REALTY LTD
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

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What the bank counts

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

Mortgage, tested at 6%
$3,122
Property tax
$241
Heat allowance
$150
Condo fees, half counted
$588
Housing costs
$4,102 / mo

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

Down payment20% · $122,000
25-yr amortization

Income needed

$126,000

gross annual household income

Payment at 4%
$2,567 / mo
Cash down
$122,000

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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