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Meadowvale, Mississauga
$1,299,900
Spacious 5+2 Bedroom, 4-Bath Home In Sought-After Meadowvale! Situated On A Generous Lot With A Sunny South Facing Backyard, This Home Is Ideal For Large Or Multi-Generational Families. The Main Floor Features Formal Living & Dining Rooms, An Eat-In Kitchen With Centre Island, Ample Cabinetry & Walkout To Patio, Plus A Bright Family Room With Wood-Burning Fireplace & Window Seat. Generous Main-Floor Office With A Second Wood-Burning Fireplace Offers Flexibility As An Additional Bedroom. Convenient Main-Floor Laundry With Separate Side Entrance. Upstairs Features 5 Spacious Bedrooms, Including A Primary Retreat With Vaulted Ceilings & Ensuite With Soaker Tub And Separate Shower. Finished Basement Offers A Large Rec Room With Gas Fireplace, 2 Additional Bedrooms, 3-Pc Bath & Plenty Of Storage. Double-Car Garage With Inside Entry & Fully Fenced Backyard. Excellent Meadowvale Location Close To Schools, Parks, Transit, Highways, Shopping & Everyday Amenities!
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Listing History
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,653
- Property tax
- $602
- Heat allowance
- $150
- Housing costs
- $7,406 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$228,000
gross annual household income
- Payment at 4%
- $5,470 / mo
- Cash down
- $259,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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