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Listed 3 months ago

1045 Deta Road

Lakeview, Mississauga

$1,195,000

Detached|Bungalow
2 | 2 | 6
About this home

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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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$11,786
Lot Size50 ft x 300 ft
mls© NumberW13042166
Listed ByRIGHT 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.

Down payment20% · $239,000
25-yr amortization

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 check

Investment Analysis

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

Values and trends

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