Listed 2 months ago
1076 Dixie Road
Lakeview, Mississauga
$999,000
Detached|Bungalow
2 | 2 | 6
About this home
Attention builders and renovators great opportunity, corner property 50 x 225 being sold as is condition. Not to far from Longbranch Go Station. A lot of new development in the area. PROPERTY TO BE SOLD AS IS, WHERE IS.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | < 700 sq. ft. |
| Property Tax | $8,885 |
| Lot Size | 50 ft x 225 ft |
| mls© Number | W13224010 |
| Listed By | RE/MAX ULTIMATE REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,113
- Property tax
- $740
- Heat allowance
- $150
- Housing costs
- $6,004 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $199,800
25-yr amortization
Income needed
$185,000
gross annual household income
- Payment at 4%
- $4,204 / mo
- Cash down
- $199,800
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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