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Price Change$1,788,000

1656 Carrington Road

East Credit, Mississauga

$1,690,000

Detached|2-Storey
4 | 4 | 4
About this home

Welcome Home! Spacious 4+1 bedroom, 4-bathroom residence offering over 3,000 sq. ft. of finished living space. Nestled on a quiet, premium 50x120 ft lot, this home features hardwood floors throughout the main and second levels and professionally landscaped yard in the heart of East Credit. The main floor features a gourmet kitchen with granite countertops, a center island, and a bright breakfast area with a picture window overlooking the yard. Relax in the spacious family room with a cozy fireplace and walk-out to a private deck. The Master Bedroom with 4pcs Ensuite Bathroom and walk in Closet. The finished basement is an entertainer's dream, complete with a recreation room, wet bar, second fireplace, and a 3-piece bath with a sauna. Just minutes to the historic Village of Streetsville, Credit River trails, and the GO Station. Luxury living at its finest!

Extras

No extras listed.

TypeDetached
Style2-Storey
Approx. Age31-50
Size3000-3500 sq. ft.
Property Tax$9,025
Lot Size50.07 ft x 120.18 ft
mls© NumberW13077870
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%
$8,650
Property tax
$752
Heat allowance
$150
Housing costs
$9,552 / mo

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

Down payment20% · $338,000
25-yr amortization

Income needed

$294,000

gross annual household income

Payment at 4%
$7,112 / mo
Cash down
$338,000

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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