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Erindale, Mississauga
$999,000
Beautiful Brick Bungalow nestled in Erindale, one of Mississauga's most desirable, established and family-friendly neighborhoods. Nicely maintained and exceptionally well cared-for. Large bright inviting living room open to dining room with bay windows, hardwood floors, crown molding. Renovated eat-in kitchen. Updated bathroom. 3 bedrooms with laminate floors and closets. The third bedroom features a sliding door to a three season sunroom. A separate entrance leads to the mostly finished basement, which was previously used as a basement apartment. There is a kitchen, nice renovated 3pc bathroom with a walk-in shower, and a large bright great room, plus two bedrooms. The basement has several oversized egress windows. Outside... lush mature trees lend privacy to a large backyard. The backyard is fully fenced + a separate fenced garden for growing vegetables + an Oversized Gardener's Shed. Large Pie-Shaped lot : 47 x 159 foot lot which pies out to 62 ft across the back ( east side is 147 ft ). The garage with a garage door opener & remote, handy mezzanine for storage + a walkout to a bonus atrium style workshop. Huge driveway fits 6 cars plus+. Excellent mechanical condition...High efficiency gas furnace & A/C in 2013, Vinyl Windows, Roof shingles approx. 10yrs, Updated Soffits & Fascia, updated garage door, updated front door. Great location close to good schools, places of worship, GO Train station, bus stop nearby, shopping, Credit River & Erindale Park, QEW, 407, 403. Fantastic value and huge opportunity !
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $7,409 |
| Lot Size | 47 ft x 146 ft |
| mls© Number | W13667482 |
| Listed By | RE/MAX REAL ESTATE CENTRE INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,113
- Property tax
- $617
- Heat allowance
- $150
- Housing costs
- $5,881 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$181,000
gross annual household income
- Payment at 4%
- $4,204 / mo
- Cash down
- $199,800
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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