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New2 hours ago

5515 Durie Road

East Credit, Mississauga

$1,499,000

Detached|2-Storey
4 | 4 | 5
About this home

Welcome to 5515 Durie Road, a spacious detached 2-storey home situated on an impressive 124.74 x 107.8 ft lot in the highly desirable East Credit community of Mississauga. Offering approximately 3,234 sq. ft. above grade, this home features 4+2 bedrooms, 5 bathrooms, a finished walk-up basement and excellent in-law or extended-family potential. The main floor offers a generous living room, dining room, family room with fireplace, kitchen, breakfast area, office, mudroom and convenient 2-piece powder room. The upper level features a spacious primary bedroom and three additional bedrooms, including one with a 5-piece ensuite. The finished basement includes two additional bedrooms, recreation space, a 5-piece bathroom and laundry. Recent upgrades include a **lifetime roof and brand-new windows**. **Second dwelling permit is in hand, offering an exceptional opportunity to create one of the largest garden suites, subject to applicable approvals. Extended driveway with permit provides ample parking for multiple vehicles.** Enjoy an attached double garage, central air conditioning and a premium-sized lot. Ideally located near schools, parks, shopping, transit and major amenities. A rare opportunity offering exceptional space, future development potential and tremendous value in East Credit.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. Age31-50
Size3000-3500 sq. ft.
Property Tax$11,600
Lot Size124.74 ft x 107.8 ft
mls© NumberW13653318
Listed ByRE/MAX REAL ESTATE CENTRE INC.

Listing History

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  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$7,673
Property tax
$967
Heat allowance
$150
Housing costs
$8,789 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $299,800
25-yr amortization

Income needed

$270,000

gross annual household income

Payment at 4%
$6,308 / mo
Cash down
$299,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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