| Common Elements Included | |
| Building Insurance Included | |
| Parking Included | |
| CAC Included |












































408 - 4640 Kimbermount Avenue
Central Erin Mills, Mississauga
$349,000
Welcome to Terraces at Erin Mills, a sought-after adult lifestyle condominium community offering comfort, convenience and easy, independent living! This bright, beautifully maintained one-bedroom suite features an inviting open-concept layout, attractive modern flooring with no carpeting throughout, and a spacious private balcony, perfect for enjoying your morning coffee or relaxing outdoors. The thoughtfully designed living and dining area offers a comfortable space for everyday living and entertaining. Situated in an intimate 8-storey, 64-suite building, residents enjoy fantastic amenities including an indoor pool, party and social room, guest suites, visitor parking and a full-time live-in superintendent. Connected to Amica Erin Mills, the community offers access to optional dining and wellness services for added convenience. Maintenance fees include heat, water, air conditioning, cable TV and high-speed internet. Underground parking and a storage locker add even more value. Ideally located just steps from Erin Mills Town Centre, Credit Valley Hospital, restaurants, grocery stores and public transit. An exceptional opportunity to enjoy a low-maintenance lifestyle in a welcoming, well-established community! Age-restricted residence: 65+ mandated, with residents aged 55+ permitted subject to board approval.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 500-599 sq. ft. |
| Maintenance Fees | $708 |
| Locker | Owned |
| Balcony | Open |
| Exposure | North West |
| Parking Type | None |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $2,013 |
| mls© Number | W14170348 |
| Listed By | Century 21 Signature Service |
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%
- $1,786
- Property tax
- $168
- Heat allowance
- $150
- Condo fees, half counted
- $354
- Housing costs
- $2,458 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$76,000
gross annual household income
- Payment at 4%
- $1,469 / mo
- Cash down
- $69,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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