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Lakeview, Mississauga
$1,195,000
Amazing Opportunity To Build Brand New Custom Luxury Home With 4357 Sq Ft Above Grade With Separate 2Bedroom Basement Appartment (2008 Sq Ft) Could be Used For Potential Rent or In-law Suite With Separate Entrance. On Huge Ravine Like Lot ( 50 X 300-Foot ) On The Border Of Mississauga & Etobicoke. Fantastic Re-Development Opportunity. Many Multimillion Dollars Homes Already In The Area. Very Private Setting, Deep Yard With Many Trees. Easy Access To Schools, Sherway Gardens, Golf Course, Port Credit Yacht Club, Parks, Banks, Supermarket, Transports. Close To Qew And Hwys. Steps To Lake. Extremely Rare Opportunity For Builders, Renovators And End Users. Currently Month to Month Rented, Included Design Drawing, Survey, Structural Engineering, Mechanical (2 HVAC System), Ready For The Permit Submission.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $11,786 |
| Lot Size | 50 ft x 300 ft |
| mls© Number | W13042166 |
| Listed By | RIGHT AT HOME 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%
- $6,117
- Property tax
- $982
- Heat allowance
- $150
- Housing costs
- $7,249 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$223,000
gross annual household income
- Payment at 4%
- $5,029 / mo
- Cash down
- $239,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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