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Listed 2 months ago

5063 Summersky Court

Central Erin Mills, Mississauga

$2,800,000

Detached|2-Storey
5 | 5 | 9
About this home

**View Virtual Tour**LUXURY COLLECTION "5063 SUMMERSKY Crt" Rare Offering on This Exclusive Street!* Welcome to this magnificent 3 car garage brick & stone detached home located in the prestigious Credit Mills* Featuring 10 ft ceilings on the main floor, 9-ft ceilings on the second Floor & Bsmnt, and a fully finished walk up basement apartment, this home offers approximately 6,200 sqft of total living space with 5+3 spacious bedrooms, 5 bathrooms, and a main floor home office** The basement apartment with a separate side entrance is ideal for rental income or multigenerational living** Stone Interlock Driveway, Designer Paint, Beautifully Upgraded Throughout** Step inside through the double-door entry into a grand open foyer with pot lights and hardwood floors throughout. The open concept living and dining areas feature custom lighting and large windows, perfect for hosting family and friends** The family room with a gas fireplace provides a warm atmosphere and connects seamlessly to the upgraded chef's kitchen With Ceramic Tile floors & Built-in Stainless Steel Appliances, Granite Countertops, Backsplash And Multiple Tall Shaker Cabinets With Lots Of Storage Space * Lots Of Counter Space For Prepping An Eat-in Kitchen Area Overlooks The Fenced Backyard Ft. A Patio For Outdoor Gatherings **Main Flr Laundry Rm With Cabinets For Added Convenience* Upstairs, you'll find five generously sized bedrooms, each with ample closet space. The double-door primary retreat includes a separate sitting area and a spa-like 5-piece ensuite with dual sinks, a soaker tub, and a glass shower. One bedroom enjoys a private 4-piece ensuite, while two others share a semi-ensuite.** Enjoy outdoor living on the beautiful patio, perfect for BBQs or quiet relaxation, surrounded by mature trees for added privacy. ** Located in the heart of Mississauga, this home is close to top-rated schools, parks, shopping, library, hospital, and public transit, with easy access to Hwy 403, 403, 401, and QEW.

Extras

No extras listed.

TypeDetached
Style2-Storey
Approx. Age6-15
Size3500-5000 sq. ft.
Property Tax$14,360
Lot Size61 ft x 125 ft
mls© NumberW13432588
Listed BySHAHID KHAWAJA REAL ESTATE 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%
$14,332
Property tax
$1,197
Heat allowance
$150
Housing costs
$15,678 / mo

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

Down payment20% · $560,000
25-yr amortization

Income needed

$482,000

gross annual household income

Payment at 4%
$11,783 / mo
Cash down
$560,000

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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