$929K · 2+1 bed Condo Apartment · Erin Mills, Mississauga

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About this home

Welcome to Granite Gates surrounded by forests and walking trails. Rightfully one of the most desired Condos in Miss to downsize to without compromise. All primary rooms provide loads of natural light in this West facing unit. Enter the home to a formal foyer and a great floor plan with plenty of space and extra linen/storage closets. Enjoy the beautiful forest views from your floor to ceiling windows throughout the Condo. The residence offers an exceptional number of well-appointed principal ro…

Property details

MLS#

W12743338

Status

Buy Now

Beds

2+1

Baths

3 full, 0 half

Size

1600-1799

Style

1 Storey/Apt

Type

Condo Apartment

Year built

—

Property features: Library, Place Of Worship, Public Transit, Wooded/Treed

Building name: Granite Gates
Condo corp #: 447
Balcony: Terrace
Locker: Owned
Association amenities: Car Wash, Exercise Room, Game Room, Indoor Pool, Recreation Room, Visitor Parking
Fees include: Heat Included, Hydro Included, Common Elements Included, Water Included, Cable TV Included, CAC Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Fan Coil
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick · Backs On Green Belt
Fronting on: —
Cross street: Mississauga Road & The Collegeway
Basement: None
Stories: 2
Utilities: —
Laundry: Ensuite
Interior: None
Parking features: Underground

Level	Room	Dimensions
Main	Living Room	6.88m × 3.6m
Main	Dining Room	3.46m × 4.63m
Main	Kitchen	4.12m × 3.26m
Main	Solarium	2.34m × 3.22m
Main	Den	4.25m × 3.63m
Main	Primary Bedroom	6.93m × 3.53m
Main	Bedroom 2	3.93m × 3.11m
Main	Laundry	1.69m × 3.56m

Level

Room

Dimensions

Main

Living Room

6.88m × 3.6m

Main

Dining Room

3.46m × 4.63m

Main

Kitchen

4.12m × 3.26m

Main

Solarium

2.34m × 3.22m

Main

Den

4.25m × 3.63m

Main

Primary Bedroom

6.93m × 3.53m

Main

Bedroom 2

3.93m × 3.11m

Main

Laundry

1.69m × 3.56m

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $929,000✓ $5,769 tax✓ Gas✓ 1600-1799 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$8,579/mo

incl. closing costs (yr 1)

Annual total

$102,943

year 1

Mortgage only

$3,524/mo

principal + interest

Beyond mortgage

$3,341/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$185,800

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$481/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,700 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%$9,290/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)$138/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$15,055

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)41% $42,292/yr

Property taxes20% $20,824/yr

Utilities4% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance9% $9,290/yr

Condo fees19% $19,877/yr

Closing costs5% $5,100/yr

Mortgage is 41% of your true cost of ownership. The other 59% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$42,292	$3,524/mo
Government & taxes
Property tax	$5,769	$481/mo
Land transfer tax(closing)	$15,055	$1,255/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%)	$9,290	$774/mo
Condo fees
Condo / HOA fees	$19,877	$1,656/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	$102,943	$8,579/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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