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Malton, Mississauga
$798,000
Welcome to 3295 Chipley Crescent! This corner lot with 5 driveway parkings features a spacious 4+2 bedroom, 2+1 washroom home in Malton, Mississauga, offering exceptional flexibility for homeowners and investors alike. Currently tenanted and generating monthly rental income, this property provides immediate income potential while remaining an excellent option for buyers seeking generous living space. Conveniently located near Westwood Square, schools, parks, public transit, Malton GO Station, Pearson International Airport, and Highways 401 and 427. A compelling opportunity to own an income-producing home in an established and well-connected Mississauga neighbourhood.
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| Type | Semi-Detached |
| Style | 2-Storey |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,482 |
| Lot Size | 35 ft x 125.85 ft |
| mls© Number | W13652694 |
| Listed By | RISING STAR REALTY LTD. |
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%
- $4,085
- Property tax
- $374
- Heat allowance
- $150
- Housing costs
- $4,608 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$142,000
gross annual household income
- Payment at 4%
- $3,358 / mo
- Cash down
- $159,600
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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