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Erin Mills, Mississauga
$1,299,000
Rare Opportunity in Sought-After Erin Mills! Spacious 4+3 bedroom, 4-bath detached home on an impressive 50 x 120 ft lot, just minutes' walk to U of T Mississauga (UTM) ! Features a double garage & private double driveway, offering total parking for 6 cars. Huge value-add potential with an approved building permit for a residential second unit in the basement with separate entrance-ideal for extended family or future income potential. Featuring hardwood floors, granite kitchen countertops, S/S appliances, built-in cooktop & range hood, spacious principal rooms, primary bedroom with walk-in closet & 4-pc ensuite, new A/C (2022) and new bathroom vanity (2025), lawn sprinkler system. Enjoy a landscaped backyard with a large deck & gazebo and no direct residential neighbors behind. Prime location close to schools, parks, transit, shopping, highways & everyday amenities. A fantastic opportunity for families, investors &owner-occupiers-don't miss it!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 31-50 |
| Size | 2000-2500 sq. ft. |
| Property Tax | $8,230 |
| Lot Size | 50.08 ft x 120.16 ft |
| mls© Number | W13798406 |
| Listed By | KW Living 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%
- $6,649
- Property tax
- $686
- Heat allowance
- $150
- Housing costs
- $7,485 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$230,000
gross annual household income
- Payment at 4%
- $5,466 / mo
- Cash down
- $259,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
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