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New4 hours ago

1012 - 220 Missinnihe Way

Port Credit, Mississauga

$1,150,000

Condo Apartment |
2 + 1 | 2 | 1 | 1
About this home

Welcome to the Brightwater II in Port Credit Waterfront Community! 2 Beds + Den with 985 s/f interior plus 284 s/f for 2 Balconies. Sunny South Facing Lake View Unit at the Fabulous Brightwater! Relax in the sunfilled Suite, Living room & Kitchen with the beautiful unobstructed Lake and City view. The Modern Kitchen Is Equipped With A Built-in Fridge, Dishwasher, Stainless Steel OTR Microwave, And Stove. Steps To The Waterfront Trail With Breathtaking Views of Lake Ontario Luxury Resort Style Living In The Heart Of Port Credit, Close To Highways, Shopping & Dining, Waterfront Trails, Minutes To GO Train & Public Transit System. Residence Will Benefit From A Community Shuttle Bus To The GO Train Station. BMO, Farm Boy, LCBO right in the community! Extras:

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size900-999 sq. ft.
Maintenance Fees$894
LockerOwned
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$6,540
mls© NumberW14031756
Listed ByHOME STANDARDS BRICKSTONE REALTY
Common Elements Included
Parking Included
CAC Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,886
Property tax
$545
Heat allowance
$150
Condo fees, half counted
$447
Housing costs
$7,028 / mo

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

Down payment20% · $230,000
25-yr amortization

Income needed

$216,000

gross annual household income

Payment at 4%
$4,839 / mo
Cash down
$230,000

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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