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Listed 5 months ago

2441 Old Carriage Road

Erindale, Mississauga

$1,750,000

Detached|Bungalow
3 | 1 | 5
About this home

Calling all Developers. This is a significant opportunity for the largest lot available in this prestigious and sought-after neighbourhood, 109.3 feet x 200 feet. Many of the former larger lots on the street have been easily severed, with 2 homes built on them, and sold quickly, so the precedent has been set. The Property is steps from the Credit Valley Golf Course and the nearby prestigious Mississauga Golf & Country Club, and is a short commute to Trillium Hospital, U of T Mississauga Campus, Port Credit Marina, Westdale Mall, and Mississauga City Center. This property offers it all to your buyers, including being on a school bus route. The property is priced to sell. Don't let this opportunity pass you by!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$11,228
Lot Size109.23 ft x 200 ft
mls© NumberW12825408
Listed ByREAL ESTATE HOMEWARD

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%
$8,957
Property tax
$936
Heat allowance
$150
Housing costs
$10,043 / mo

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

Down payment20% · $350,000
25-yr amortization

Income needed

$309,000

gross annual household income

Payment at 4%
$7,364 / mo
Cash down
$350,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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