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Price Change$1,198,000

7211 Magistrate Terrace

Meadowvale Village, Mississauga

$1,158,000

Detached|2-Storey
3 | 3 | 5
About this home

Situated in one of desired neighbourhoods in the family oriented and culturally diverse Village Walk Community. This 3 bedrooms detached home offers an open concept main floor layout with an elegant design and tasteful upgrades, comfortable and cozy house is backing to NEEBIN Park , not fronting any homes provide privacy and adequate parking for guests is additional feature that is rare to find. In addition it features hardwood floors, pot lights, switches in the main and master bedroom are equipped with wifi switches, main floor crown mouldings, california shutters, the breakfast area has a walk out to the 13 feet t to 19 feet covered deck with skylights for outdoor enjoyment. Newly renovated washroom and Beautifully manicured yard overlooks the park playgrounds. Renovated kitchen with quarts counter tops, stainless steel appliances, brand new washer & dryer 2026. Access to high ceiling two car garage, extra space for storage and a built in shelves currently enough to store winter tires. The garage door openers comes with remotes , programmable to operate via phone app, the house has local security cameras. Exterior features pot lights, porch enclosure. Finished basement has an office that can be modified to accommodate a fourth bedroom or it can be converted back into a wet bar with the rough in plumbing in place. The spacious basement rec room is open concept that can house a pool table or table tennis . Digital CCTV security camera.The Roof was done 2021, close to transportation, shopping, easy access to highways, walk to schools, backs to Neebin Park - kids playground, soccer field, watersplash and much more...

Extras

No extras listed.

TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$6,524
Lot Size32.19 ft x 110.6 ft
mls© NumberW13429786
Listed ByCENTURY 21 ASSOCIATES 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%
$5,927
Property tax
$544
Heat allowance
$150
Housing costs
$6,621 / mo

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

Down payment20% · $231,600
25-yr amortization

Income needed

$204,000

gross annual household income

Payment at 4%
$4,873 / mo
Cash down
$231,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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