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New2 hours ago

88 Central Parkway W

Fairview, Mississauga

$949,000

Semi-Detached |Bungalow-Raised
3 | 2 | 3
About this home

Highly Coveted Larger Raised Bungalow Model in Prime Fairview!!! Great Affordable Starter or Investment Opportunity! Ideal for a Large or Multi-Generational Family, Investor, or Buyer Looking for Flexible Living Arrangements with Income Potential. Three Separate Entrances Offer Excellent Functionality for Multi-Family Living, Live-In/Rent Potential, or use as a Spacious Single-Family Home. Fully Above-Ground Legal Basement Apartment with Direct Ground Level Walk/Out to Massively Long Backyard Ideal for Large Family BBQs and Entertainment. Features Newer Carpeting and Offers Excellent Additional Living Space and/or Rental Potential. Both Upper and Lower Level have own Designated Laundry. Main Floor Tenant is Willing to Remain, Providing Potential Immediate Rental Income for the New Owner. Situated on a Large 155.56 ft Deep Lot with Fully Fenced Yard, Perfect for Family Gatherings and Outdoor Enjoyment. Conveniently located within walking distance to schools, just minutes to Square One, Celebration Square, YMCA, Kariya Park, Sheridan College, Parks, Recreation Facilities, Restaurants, Shopping, Transit, Major Highways and all Amenities.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeSemi-Detached
StyleBungalow-Raised
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$6,593
Lot Size29.87 ft x 155.56 ft
mls© NumberW13831072
Listed ByROYAL LEPAGE TERREQUITY 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%
$4,857
Property tax
$549
Heat allowance
$150
Housing costs
$5,557 / mo

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

Down payment20% · $189,800
25-yr amortization

Income needed

$171,000

gross annual household income

Payment at 4%
$3,994 / mo
Cash down
$189,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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