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Mineola, Mississauga
$1,699,000
Rare, prestigious Mineola opportunity with endless potential for investors, builders & multi-generational families, investors & builders. Generous 50 x 150 ft lot Legal Duplex , could also build a custom 3500+ sqft detached dream home (subject to application and approvals) or future fourplex build. Currently, Two fully self-contained units (each with their own laundry!) Choose to rent both units for good cash flow, settle in as a multi-generational family with separate living spaces for extended relatives, or hold & build your custom vision down the road, the options here are exceptional. Main floor offers THREE (3) walk-outs, 3 bedrooms, eat-in kitchen, formal dining room & living room warmed by a gas fireplace, complimented by a 4-pc bath. The fully finished lower level with separate entrance features a complete in-law suite with bedroom, living room with gas fireplace, kitchen, 3-piece bath, PLUS a private spa nook with infrared sauna! Upstairs, a second fully self-contained unit impresses with an expansive living room, spacious bedroom, kitchen, den, 4-piece bath with washer/dryer & private walk-out patio balcony with direct staircase to the oversized driveway. Surrounded by million-dollar estates on one of Mississauga's most coveted streets. Just a stroll to Lake Ontario & the vibrant village of Port Credit, with effortless QEW & Port Credit GO access putting downtown Toronto a mere 20 minutes away - a commuter's dream!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $8,333 |
| Lot Size | 50.07 ft x 150.22 ft |
| mls© Number | W13588916 |
| Listed By | HODGINS REALTY GROUP INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $8,696
- Property tax
- $694
- Heat allowance
- $150
- Housing costs
- $9,541 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$294,000
gross annual household income
- Payment at 4%
- $7,150 / mo
- Cash down
- $339,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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