280 King Andrew Drive
Rathwood, Mississauga
$1,249,000
Excellent Opportuinty to Purchase a spacious 4 Bedroom approximately 2200 sq ft 2-Storey Home on a quiet Cul de Sac (Court). ****Magnificent Huge Private 1/4 Acre lot **Backs 65 ft. on to a lush Natural wooded Greenbelt in the heart of Mississauga**** Steps to Public Transit. Close vicinity to main HWY 403 and walking distance to Square One Shopping Mall, City Hall, Library, Living Arts Centre & Celebration Square. Close to Schools, Parks and Hospital. Basement is partially finished. ** Please garage has been converted to an office/ handy work area but can easily be converted back to a double garage. Alarm System monitored by Telus Cameras, Motion Detectors, Most Doors Monitored. Immediate Possession Desired but flexible closing is possible. **Open House Saturday Aug 29 & Sunday Aug 30 2:00-5: 00 p.m.** **Property is Vacant. Motivated Seller** **Attention Buyers regarding open house visits, please declare if you are represented by a registered real estate agent.**
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 31-50 |
| Size | 2000-2500 sq. ft. |
| Property Tax | $9,065 |
| Lot Size | 32.56 ft x 164.79 ft |
| mls© Number | W13692486 |
| Listed By | ROMULUS REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,393
- Property tax
- $755
- Heat allowance
- $150
- Housing costs
- $7,298 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$225,000
gross annual household income
- Payment at 4%
- $5,256 / mo
- Cash down
- $249,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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