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New3 hours ago

704 - 4070 Confederation Parkway

City Centre, Mississauga

$439,000

Condo Apartment |
1 + 1 | 1 | 1 | 1
About this home

** Practical Layout ** High Ceiling Unit ** One Bedroom Plus Den 600 Sf + Balcony 103 Sf Total 703 Sf ** Laminate Floor Through Out, Large Window, Gorgeous Open Concept, Facing East ** Move-In Condition ** One Parking & One Locker Included ** 24 Hour Concierge ** Close To All Amenities, Square One, Go Train, TTC, Ymca, Restaurants, Banks, Plazas And Many Shops ** Easy Access To 403 & 401 **

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. Age11-15
Size600-699 sq. ft.
Maintenance Fees$616
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,035
mls© NumberW14156774
Listed ByTRADEWORLD REALTY INC
Heat 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%
$2,247
Property tax
$253
Heat allowance
$150
Condo fees, half counted
$308
Housing costs
$2,958 / mo

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

Down payment20% · $87,800
25-yr amortization

Income needed

$91,000

gross annual household income

Payment at 4%
$1,847 / mo
Cash down
$87,800

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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