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$469,000
DOM16days483 Faith Drive · Mississauga · Ontario L5R 0A1
16 days on market
Opportunity Knocks! Spacious 1,159 sqft, corner suite with peaceful northeast views overlooking the forest. This 2-bedroom, 2-bathroom unit offers generous room sizes, an open living and dining area, large windows that let in abundant natural light and a large balcony. Huge kitchen with center island and granite counters offers the perfect setting for entertaining. Condo includes 2 owned parking spaces and a locker. A rare and fantastic opportunity at this price point. Renovate, refresh and cust…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
No price-drop or motivated-seller signals detected from MLS data we track on this listing.
Property history
Comparable sales
Brokered by: RE/MAX PROFESSIONALS INC.
Source: TRREB/PROPTX · MLS® W13872140
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~1,100 ft² · ON avg ~$75/mo
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 34% of your true cost of ownership. The other 66% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $21,351 | $1,779/mo |
| Government & taxes | ||
| Property tax | $4,547 | $379/mo |
| Land transfer tax(closing) | $5,855 | $488/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%) | $4,690 | $391/mo |
| Condo fees | ||
| Condo / HOA fees | $15,561 | $1,297/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 | $62,664 | $5,222/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.