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Central Erin Mills, Mississauga
$1,990,000
Beautiful Upgraded Corner-Lot Home Situated In A Quiet And Family-Friendly Neighbourhood, Offering Almost 4,000 Sq. Ft. Of Bright And Functional Living Space. This Stunning Residence Showcases Numerous Upgrades Including A Modern Kitchen With Newer Appliances, Updated Laundry Appliances, Elegant Porcelain Flooring, A Beautifully Upgraded Staircase, Smooth Ceilings, And Pot Lights Throughout. The Expansive Interlock Driveway Provides Parking For Up To 8 Vehicles. The Upper Level Features 4 Spacious Bedrooms And 3 Attached Washrooms, Including A Luxurious Primary Bedroom Complete With A Walk-In Closet And Private Ensuite Washroom. Major Recent Improvements Include A New Furnace, New Heat Pump, And New Tankless Water Heater, Offering Enhanced Comfort And Energy Efficiency. Adding Exceptional Value, The Property Includes A Legal Finished Basement Second Unit With A Covered Separate Side Entrance, Featuring 3 Bedrooms, 2 Washrooms, A Separate Kitchen, And Separate Laundry Facilities. Currently Generating $2,900 Per Month In Rental Income, This Unit Provides An Excellent Mortgage Helper Or Investment Opportunity. Situated On A Beautifully Landscaped Premium Corner Lot, The Home Features A Built-In Sprinkler System And A Spacious Backyard Ideal For Entertaining, Family Gatherings, And Outdoor Enjoyment. This Is A Rare Opportunity To Own A Meticulously Maintained Home That Perfectly Combines Luxury, Functionality, And Income Potential.
No extras listed.
| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 31-50 |
| Size | 2500-3000 sq. ft. |
| Property Tax | $11,951 |
| Lot Size | 89.07 ft x 118.11 ft |
| mls© Number | W13221898 |
| Listed By | PRIME REALTY SPECIALISTS 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%
- $10,186
- Property tax
- $996
- Heat allowance
- $150
- Housing costs
- $11,332 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$349,000
gross annual household income
- Payment at 4%
- $8,374 / mo
- Cash down
- $398,000
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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