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New3 hours ago

1803 - 3975 Grand Park Drive

City Centre, Mississauga

$539,000

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

Beautiful & Bright. 1 Bedroom + Den With An Amazing South East View. Large Open Concept Layout. Spacious Bedroom With 2 Closets And Access To Bathroom. Elegant Upgrades Including High Ceiling, Laminate Floors, Granite Counter Top, S/S Appliances And Backsplash In Kitchen. Generous Size Den That Can Be Used As A Second Bedroom. Walking Distance To Square One, Celebration Square, Sheridan College, Central Library, Shops And Much More

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. AgeNew
Size600-699 sq. ft.
Maintenance Fees$543
LockerOwned
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,009
mls© NumberW14157190
Listed ByBAY STREET GROUP INC.
Water 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%
$2,759
Property tax
$251
Heat allowance
$150
Condo fees, half counted
$272
Housing costs
$3,431 / mo

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

Down payment20% · $107,800
25-yr amortization

Income needed

$106,000

gross annual household income

Payment at 4%
$2,268 / mo
Cash down
$107,800

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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