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Listed 4 months ago

1670 Caverly Court

Erin Mills, Mississauga

$2,499,000

Detached|2-Storey
5 | 5 | 6
About this home

Upscale modern living backing onto breathtaking Mullet Creek & Credit River natural sanctuary. Brilliant open design featuring contemporary 2 story entry, open stairs, glass doors & walls, skylights, sleek open kitchen, posh primary ensuite & mega closet. Perfect for large family + work from home with 5+2 bdrms, 5 baths + office. Elegantly finished with inspiring natural wood & oversized porcelain tile floors. Spacious & open finished lower level with full bath, gas fireplaces, chill & gym zones+ 2 bdrms. Exclusive ravine backyard with generous cabana offering radiant gas heating & gas fireplace for year round enjoyment! Striking upscale roadside appeal with expansive stone drive & walk way. Custom family haven on prestigious quiet court just steps to best Credit River, best nature trails + walk to UTM & GO.

Extras

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3000-3500 sq. ft.
Property Tax$16,749
Lot Size60.99 ft x 132.68 ft
mls© NumberW13012482
Listed ByHODGINS REALTY GROUP INC.

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%
$12,791
Property tax
$1,396
Heat allowance
$150
Housing costs
$14,337 / mo

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

Down payment20% · $499,800
25-yr amortization

Income needed

$441,000

gross annual household income

Payment at 4%
$10,516 / mo
Cash down
$499,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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