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New2 hours ago

6063 Farmstead Lane

Meadowvale, Mississauga

$999,999

Detached|2-Storey
4 | 4 | 6
About this home

Location! Location! Location! This is a rare opportunity to live on Farmstead lane in this price. Welcome to your stunning 4+1 bed 4 bath home on a rare 60ft wide lot on one of most sought after streets in Meadowvale! Incredibly spacious floor plan with a fantastic layout. Sleek hardwood floors and California shutters throughout the main floor. Large eat-in kitchen with ample storage. Family room features a wood burning fireplace, pot lights and W/O to massive 550+sf deck. 4 very generous size rooms on the 2nd floor, including a huge primary with a newly renovated 4 pc ensuite and walk in closet. Enjoy additional space in the unspoiled finished basement with a large Newly install Washroom with jacuzzi! 1 Bed and a rec room. Main floor laundry. Great curb appeal and Incredible locations just 5 minutes to 401/403/407 and steps from parks and miles walking trails. Close to all amenities. Opportunity won't stay long!!!

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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
Size1500-2000 sq. ft.
Property Tax$7,496
Lot Size60.01 ft x 108.5 ft
mls© NumberW13774628
Listed ByCENTURY 21 PEOPLE`S CHOICE REALTY 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%
$5,118
Property tax
$625
Heat allowance
$150
Housing costs
$5,893 / mo

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

Down payment20% · $200,000
25-yr amortization

Income needed

$181,000

gross annual household income

Payment at 4%
$4,208 / mo
Cash down
$200,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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