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New3 hours ago

502 - 3025 Queen Frederica Drive

Applewood, Mississauga

$499,900

Condo Apartment |
3 | 2 | 1 | 0
About this home

Spacious 3 Bedroom 2 Bath Condo in desirable Applewood ! Open concept Living/Dining Room featuring premium laminate floors. Upgraded Kitchen, main bathroom & primary bedroom 2pc ensuite . 3 good sized bedrooms with large windows. In-suite laundry & oversized open balcony. One underground parking space included. Public transit at your door. Close to schools, parks, restaurants, shopping, major highways & Costco.

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$634
LockerNone
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,633
mls© NumberW14147624
Listed ByRE/MAX ABOUTOWNE REALTY CORP.
Water Included
Common Elements Included
Building Insurance Included
Cable TV Included
Parking Included

Listing History

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  • 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%
$2,559
Property tax
$219
Heat allowance
$150
Condo fees, half counted
$317
Housing costs
$3,245 / mo

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

Down payment20% · $99,980
25-yr amortization

Income needed

$100,000

gross annual household income

Payment at 4%
$2,104 / mo
Cash down
$99,980

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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