1356 Oak Lane
Lorne Park, Mississauga
$3,299,999
One Of A Kind Opportunity To Buy In One Of The Most Sought After Locations In Lorne Park Neighbourhood! This Almost 2 Acre Lot, Huge Lot Size ( 195.01 X 190 Feet ),2653 SQ FT Is Truly A One Of A Kind Property With The Option To Build Your Dream Home or can Built Custom Luxury Home Or Possibly Sever Into Two Lots! Must See !!!! Close To All Amenities, Highways And Highly Rated Schools.PT LT 23, CON 2 SDS TT , AS IN VS385286, S/T & T/W VS385286, S/T VS248056 AS AMENDED BYVS272401 ; S/T RO575089,TT151419,VS294620,VS44189 SUBJECT TO AN EASEMENT OVER PTS 1 AND 243R37655 AS IN PR3149014 SUBJECT TO AN EASEMENT OVER PTS 1 AND 2 43R37655 AS IN PR3149015.The Property is under Final Process of Severance, Buyer to assume " AS IS " Condition. *************** Please Click the Virtual Tour Link to View the Entire 2 Acre Of Lot *******************
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 2500-3000 sq. ft. |
| Property Tax | $13,440 |
| Lot Size | 195.01 ft x 190 ft |
| mls© Number | W13411336 |
| Listed By | RE/MAX GOLD REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $16,891
- Property tax
- $1,120
- Heat allowance
- $150
- Housing costs
- $18,161 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$559,000
gross annual household income
- Payment at 4%
- $13,887 / mo
- Cash down
- $660,000
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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