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Listed 2 months ago

5811 Cornell Crescent

Central Erin Mills, Mississauga

$1,949,900

Detached|2-Storey
5 | 5 | 4
About this home

Gorgeous 5 Bedroom home featuring **9 foot ceilings on the main floor**, which is extremely RARE in this development! Owned by original owners, residing on a quiet crescent, this home is great for entertaining, featuring a renovated kitchen (2024) with an island, soft close cabinetry and beautiful backsplash, which has sight lines to a large living room and a W/O to backyard patio! Located on a premium lot with a great sized backyard, this home boasts brand new exterior front steps (2026), and features newer carpet installed on the top 2 floors (2024), a total of three 5 pc washrooms upstairs, with an updated 5 pc primary bedroom ensuite featuring new tiles, vanity, and shower (2024), and custom blinds throughout the top 2 levels (2024)! Work from home in the large office, enjoy the convenient main level laundry, and make use of main floor shower that could even be used as a pet spa! In the finished basement you'll find a massive rec room that is perfect for entertaining, a 2 pc bathroom and a large den/office that could potentially be converted to a bedroom in the future! Great location, close to fantastic schools, parks, and trails. Easy Access to both the 401 and 403 and a Short Drive to multiple GO Stations!

Extras

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Got questions?

Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$9,997
Lot Size46.11 ft x 136.52 ft
mls© NumberW13210000
Listed ByRE/MAX REALTY ENTERPRISES 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%
$9,980
Property tax
$833
Heat allowance
$150
Housing costs
$10,964 / mo

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

Down payment20% · $389,980
25-yr amortization

Income needed

$337,000

gross annual household income

Payment at 4%
$8,205 / mo
Cash down
$389,980

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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