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Listed 2 months ago

733 Novo Star Drive

Meadowvale Village, Mississauga

$1,499,900

Detached|2-Storey
4 | 5 | 5
About this home

Located in the desirable Meadowvale Village, known for its well-rated schools, this exquisite upgraded detached home offers the perfect blend of comfort ,luxury and investment potential. Featuring 9-foot ceilings, hardwood flooring, and a bright, functional layout, the home showcases a fine charcoal grey and gold kitchen with customized glass door and solid wood cabinets. This home offers two primary bedrooms each complemented by ensuite washrooms featuring led mirrors ,big tiles, solid wood vanities and glass door standing showers. Additional upgrades include elegant California shutters and wall papers in some areas. The property includes a registered second unit in the basement ,with tenants willing to stay or vacant possession available. Enjoy of the convenience of two separate laundries, ideal for multi-family living. Major updates include furnace and A/C replaced in recent years. The private backyard is enhanced with tall maple trees, providing excellent privacy and a cool , green outdoor setting in the summer .A fantastic move-in ready opportunity in a prime location - perfect for families and investors alike!

Extras

No extras listed.

TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$7,878
Lot Size40.09 ft x 108.43 ft
mls© NumberW13433806
Listed ByRE/MAX GOLD REALTY 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%
$7,677
Property tax
$657
Heat allowance
$150
Housing costs
$8,484 / mo

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

Down payment20% · $299,980
25-yr amortization

Income needed

$261,000

gross annual household income

Payment at 4%
$6,312 / mo
Cash down
$299,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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