$825K · 2 bed Condo Apartment · Erin Mills, Mississauga

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About this home

Prestigious and Luxurious Granite Gates Condominium Complex! Sought after corner suite "Augusta Model" boasting 1690 square feet of living space; Forever private unobstructed view of protected forested Greenbelt and Sawmill Valley walking trails; exceptionally maintained and secure building; 24 hour concierge / security with gated entrance; over abundance of amenities including indoor saltwater pool, jacuzzi, sauna, exercise / gym, billiard / library room, party / meeting room with kitchen / 2 p…

Property details

MLS#

W12959346

Status

Buy Now

Beds

Baths

2 full, 0 half

Size

1600-1799

Style

Apartment

Type

Condo Apartment

Year built

—

Property features: Clear View, Golf, Greenbelt/Conservation, Hospital, Park, Public Transit

View: City, Clear, Panoramic, Park/Greenbelt, Trees/Woods

Building name: Granite Gates
Condo corp #: 447
Balcony: Open
Locker: Owned
Association amenities: Bike Storage, Car Wash, Gym, Indoor Pool, Party Room/Meeting Room, Visitor Parking
Fees include: Heat Included, Hydro Included, Water Included, Cable TV Included, CAC Included, Common Elements Included, Building Insurance Included, Parking Included
Pets: Yes-with Restrictions

Garage: 2-car Underground
Garage spaces: 2
Parking: 2 total
Heating: Fan Coil
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete, Stone · Landscaped, Security Gate
Fronting on: —
Cross street: Mississauga Road / Dundas
Basement: None
Stories: 8
Utilities: —
Laundry: In-Suite Laundry
Interior: Auto Garage Door Remote, Primary Bedroom - Main Floor, Storage Area Lockers
Parking features: —

Level	Room	Dimensions
Flat	Living Room	4.72m × 4.88m
Flat	Dining Room	3.3m × 4.5m
Flat	Kitchen	3.3m × 3.2m
Flat	Breakfast	3.05m × 3.05m
Flat	Family Room	3.18m × 5m
Flat	Primary Bedroom	3.71m × 4.88m
Flat	Bedroom 2	3.05m × 3.18m
Flat	Tandem	3.05m × 3.05m
Flat	Foyer	2.36m × 2.44m
Flat	Laundry	2.44m × 2.92m

Level

Room

Dimensions

Flat

Living Room

4.72m × 4.88m

Flat

Dining Room

3.3m × 4.5m

Flat

Kitchen

3.3m × 3.2m

Flat

Breakfast

3.05m × 3.05m

Flat

Family Room

3.18m × 5m

Flat

Primary Bedroom

3.71m × 4.88m

Flat

Bedroom 2

3.05m × 3.18m

Flat

Tandem

3.05m × 3.05m

Flat

Foyer

2.36m × 2.44m

Flat

Laundry

2.44m × 2.92m

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $825,000✓ $5,810 tax✓ Gas✓ 1600-1799 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$7,945/mo

incl. closing costs (yr 1)

Annual total

$95,339

year 1

Mortgage only

$3,130/mo

principal + interest

Beyond mortgage

$3,276/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$165,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$484/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%$8,250/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)$139/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$12,975

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)39% $37,558/yr

Property taxes20% $18,785/yr

Utilities4% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance9% $8,250/yr

Condo fees21% $20,086/yr

Closing costs5% $5,100/yr

Mortgage is 39% of your true cost of ownership. The other 61% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$37,558	$3,130/mo
Government & taxes
Property tax	$5,810	$484/mo
Land transfer tax(closing)	$12,975	$1,081/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%)	$8,250	$688/mo
Condo fees
Condo / HOA fees	$20,086	$1,674/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	$95,339	$7,945/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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