$538K · 2 bed Common Element Condo · Erindale, Mississauga

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About this home

Discover elegance and comfort in this fully renovated 2-bedroom plus solarium executive condo, located in a beautifully maintained low-rise building. With a spacious open-concept design and abundant natural light from wrap-around windows, this condo offers a welcoming and airy atmosphere. The newly renovated kitchen features top-of-the-line appliances, sleek granite countertops, and ample storage, perfect for any culinary enthusiast. The master bedroom includes a luxurious ensuite bath and expan…

Property details

MLS#

W13089798

Status

Buy Now

Property class

Residential Condo & Other

Beds

Baths

2 full, 0 half

Rooms

Kitchens

Size

1200-1399Exact finished sqft not on MLS feed (often MPAC-only on broker systems)

Basement

None

Style

Apartment

Type

Common Element Condo

Year built

—Year built not on MLS feed (often MPAC-only on broker systems)

Occupancy: Tenant Occupied
Washrooms: 4 pc · Flat; 4 pc · Flat
Family room: No
Central vacuum: No
Ensuite laundry: No

Property features: Clear View, Hospital, School

Condo corp #: 459
Balcony: None
Locker: Owned
Association amenities: Exercise Room, Guest Suites, Gym, Indoor Pool, Sauna
Fees include: Heat Included, Hydro Included, Water Included, CAC Included, Common Elements Included, Building Insurance Included, Parking Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete
Fronting on: —
Cross street: Mavis and Dundas
Stories: 5
Utilities: —
Laundry: Ensuite
Interior: Other
Parking features: Underground

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $538,000✓ $2,533 tax✓ Gas✓ 1200-1399 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,312/mo

incl. closing costs (yr 1)

Annual total

$63,740

year 1

Mortgage only

$2,041/mo

principal + interest

Beyond mortgage

$2,209/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$107,600

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$211/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,300 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$5,380/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$93/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$7,235

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)38% $24,492/yr

Property taxes15% $9,768/yr

Utilities6% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance8% $5,380/yr

Condo fees21% $13,440/yr

Closing costs8% $5,100/yr

Mortgage is 38% of your true cost of ownership. The other 62% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$24,492	$2,041/mo
Government & taxes
Property tax	$2,533	$211/mo
Land transfer tax(closing)	$7,235	$603/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$5,380	$448/mo
Condo fees
Condo / HOA fees	$13,440	$1,120/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$63,740	$5,312/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Annual costs