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Listed 2 months ago

5380 Floral Hill Crescent

East Credit, Mississauga

$1,279,000

Detached|2-Storey
3 | 4 | 4
About this home

Welcome to 5380 Floral Hill Crescent, a bright, beautifully maintained family home located in the heart of East Credit, one of Mississauga's most desirable neighbourhoods. Tucked away on a quiet, family-friendly street, this impressive property sits on a larger than average lot, offering additional outdoor space and added parking convenience. Step inside and experience a warm, inviting atmosphere in this carpet free, move in ready home. Elegant hardwood flooring flows throughout the main and upper levels, while the professionally finished basement features comfortable cork flooring. The thoughtfully designed layout offers spacious living and dining areas that are ideal for entertaining, while the welcoming family room with a cozy gas fireplace provides the perfect spot to relax and unwind. Upstairs, the spacious primary bedroom includes a comfortable sitting area, creating a peaceful retreat at the end of the day, along with generous closet space and plenty of natural light. The finished basement adds valuable living space with endless possibilities, whether used as a media room, home office, gym, or play area. The home offers a bright and functional layout enhanced by large windows and a low maintenance yard that's great for outdoor enjoyment and summer gatherings. An extra large double garage adds excellent storage and practicality rarely found in homes in the area. Updated washrooms and other improvements further enhance the home's appeal. Conveniently located within walking distance to charming Streetsville Village, top-rated schools, parks, trails, community centres, and everyday shopping. Just minutes from major highways (401, 403), Heartland Town Centre, Erin Mills Town Centre, Square One, and GO Transit, making commuting and daily errands simple and convenient.

Extras

No extras listed.

TypeDetached
Style2-Storey
Approx. Age16-30
Size1500-2000 sq. ft.
Property Tax$7,061
Lot Size45.73 ft x 111.13 ft
mls© NumberW13438794
Listed ByNEW ERA REAL ESTATE

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%
$6,547
Property tax
$588
Heat allowance
$150
Housing costs
$7,285 / mo

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

Down payment20% · $255,800
25-yr amortization

Income needed

$224,000

gross annual household income

Payment at 4%
$5,382 / mo
Cash down
$255,800

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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