$509K · 1+1 bed Common Element Condo · Central Erin Mills, Mississauga

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About this home

Incredible Unit At The New Erin Square Condo by Pemberton Group Is A Walker's Paradise! Steps To Erin Mills Town Centre's Endless Shops & Dining, Top Local Schools, Credit Valley Hospital, Quick Hwy Access & More! In Prime Mississauga Location! Over 650 Sf. Of The Perfect Layout, With a Large Balcony To Enjoy Unobstructed South Views. This 1+Den & 2 Bathroom Unit Offers Functionality And Space, Tons Of Natural Sunlight, Full Sized S/S Appliances & Quartz Countertops. Building Equipped With High…

Property details

MLS#

W12874210

Status

Buy Now

Beds

1+1

Baths

2 full, 0 half

Size

600-699

Style

Apartment

Type

Common Element Condo

Year built

—

Condo corp #: 1123
Balcony: Open
Locker: Owned
Fees include: Water Included, Common Elements 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: Brick
Fronting on: —
Cross street: Erin Mills Pkwy Eglinton
Basement: None
Stories: 14
Utilities: —
Laundry: In-Suite Laundry
Interior: Other
Parking features: —

Level	Room	Dimensions
Main	Den	2.13m × 2.51m
Main	Kitchen	8.23m × 8.99m
Main	Living Room	2.59m × 4.11m
Main	Bedroom	3.05m × 3.66m

Level

Room

Dimensions

Main

Den

2.13m × 2.51m

Main

Kitchen

8.23m × 8.99m

Main

Living Room

2.59m × 4.11m

Main

Bedroom

3.05m × 3.66m

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $509,000✓ $2,947 tax✓ Gas✓ 600-699 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,633/mo

incl. closing costs (yr 1)

Annual total

$55,600

year 1

Mortgage only

$1,931/mo

principal + interest

Beyond mortgage

$1,689/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$101,800

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$246/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~650 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%$5,090/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)$49/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$6,655

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)42% $23,172/yr

Property taxes17% $9,602/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $5,090/yr

Condo fees13% $7,077/yr

Closing costs9% $5,100/yr

Mortgage is 42% of your true cost of ownership. The other 58% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$23,172	$1,931/mo
Government & taxes
Property tax	$2,947	$246/mo
Land transfer tax(closing)	$6,655	$555/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%)	$5,090	$424/mo
Condo fees
Condo / HOA fees	$7,077	$590/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	$55,600	$4,633/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