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$650K · 4 bed Condo Townhouse · Erindale, Mississauga | MyPropertyScout

$649,900

Unit 7

42TenantOccupied

Map

$649,900

B●●●○○DOM105days

Unit 7

1051 Cedarglen Gate · Mississauga · Ontario L5C 3A7

MLS® W12878394 · Erindale · L5C 3A7

42TenantOccupied1400-1599 ft²Condo Townhouse1-car Attached105d$433/ft²$4,456 tax/yr

2% below market · 105 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Huge End Unit Like Semi, 4 Bedrooms, Gas Fireplace, Very Good Location, High Demand Complex. Close To Schools, Shopping Centers, Public Transit. Walk-Out To Backyard, Large Balcony, Close To Credit Valley Golf & Country Club. Vendor May Take Back Mortgage. Buyer To Assume Tenancy.

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Property details

MLS#: W12878394
Status: Buy Now
Beds: 4
Baths: 2 full, 0 half
Size: 1400-1599
Style: 3-Storey
Type: Condo Townhouse
Year built: —

Condo corp #: 212
Balcony: Open
Locker: None
Fees include: CAC Included, Common Elements Included, Building Insurance Included, Parking Included
Pets: Yes-with Restrictions

Garage: 1-car Attached
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick Front
Fronting on: —
Cross street: Dundas & Glengarry
Basement: Finished
Stories: 1
Utilities: —
Laundry: Ensuite
Interior: Other
Parking features: —

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room dimensions are not available for this listing.

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: HOMELIFE HEARTS REALTY INC.

Source: TRREB/PROPTX · MLS® W12878394

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$650K

Unit 7 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $649,900✓ $4,456 tax✓ Gas✓ 1400-1599 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,544/mo

incl. closing costs (yr 1)

Annual total

$66,530

year 1

Mortgage only

$2,466/mo

principal + interest

Beyond mortgage

$1,831/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$129,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$371/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,500 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%$6,499/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)$41/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$9,473

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)44% $29,586/yr

Property taxes21% $13,929/yr

Utilities6% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance10% $6,499/yr

Condo fees9% $5,856/yr

Closing costs8% $5,100/yr

Mortgage is 44% of your true cost of ownership. The other 56% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$29,586	$2,466/mo
Government & taxes
Property tax	$4,456	$371/mo
Land transfer tax(closing)	$9,473	$789/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%)	$6,499	$542/mo
Condo fees
Condo / HOA fees	$5,856	$488/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	$66,530	$5,544/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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Unit 7

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs