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New3 hours ago

3524 Joan Drive

Fairview, Mississauga

$1,499,000

Detached|1 1/2 Storey
3 | 2 | 8
About this home

Positioned just steps from Mississauga City Centre, 3524 Joan Drive presents a compelling opportunity within one of the city's most connected and steadily evolving neighbourhoods. Set on an expansive 60 x 200 ft lot, this 3+1 bedroom, 2 bathroom detached residence offers a rare blend of immediate usability and long-term potential. The existing 1 1/2-storey home provides flexibility and the benefit of holding income while future plans are thoughtfully considered. The depth and proportions of the lot create a strong foundation for a range of possibilities, whether that be a custom rebuild, a well-executed renovation, or simply enjoying the home as it stands. Surrounded by established properties and ongoing development, this location continues to attract end users, builders, and investors alike. Its proximity to major transit routes including future Hurontario LRT, amenities, and the continued growth of the City Centre enhances both present convenience and future value. A property that allows for vision and adaptability, where immediate function meets long-term opportunity in a location that continues to strengthen.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style1 1/2 Storey
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$7,154
Lot Size60 ft x 200 ft
mls© NumberW13662390
Listed ByREVEL REALTY 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%
$7,673
Property tax
$596
Heat allowance
$150
Housing costs
$8,419 / mo

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

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

Income needed

$259,000

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

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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