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New2 hours ago

2516 Willowburne Drive

Central Erin Mills, Mississauga

$1,449,888

Detached|2-Storey
4 | 4 | 8
About this home

Welcome to an impressive income generating executive detached home situated on a premium corner lot in the highly sought-after Central Erin Mills community. Legal Basmenet Apartment with an updated Electrical Panel in 2023. This over 2,700 sq. ft. of living space home features 5 spacious bedrooms, 4 updated bathrooms, Stunning Kit. W/ All S/S Appl W/ Quartz Counters & Carrara Marble Herringbone Tile Bplash (2020). main & 2nd floor Baths Reno'd(2020) . Hdwd Flooring, Windows, & Pot Lights Throughout The Main (2020) Freshly Painted. W/OT To A Newly Built Wooden Deck (2020) . AC, Furnace and Tankless Hot water Tank (2021), Roof(2017) . The spacious primary bedroom is filled with natural light from three windows. Enjoy exceptional curb appeal with a large front yard, double garage, and an extended stone driveway(2022) accommodating up to 6 vehicles. The private backyard is surrounded by mature trees, offering beautiful greenery and excellent privacy. The legal one-bedroom basement apartment includes a living room, full bathroom, and legal separate side entrance with legal windows-ideal for extended family or additional income. Conveniently located near parks, trails, Erin Mills shopping center, restaurants, major highways, and highly ranked schools, including John Fraser Secondary School and St. Aloysius Gonzaga Secondary School. A wonderful opportunity in one of Mississauga's most desirable neighbourhoods!

Extras

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  • Sat, Sep 12

    3:00 PM – 5:00 PM

  • Sun, Sep 13

    2:00 PM – 4:00 PM

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Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$8,478
Lot Size55.68 ft x 113.94 ft
mls© NumberW13771996
Listed ByROYAL LEPAGE SIGNATURE REALTY

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%
$7,421
Property tax
$707
Heat allowance
$150
Housing costs
$8,278 / mo

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

Down payment20% · $289,978
25-yr amortization

Income needed

$255,000

gross annual household income

Payment at 4%
$6,101 / mo
Cash down
$289,978

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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