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Meadowvale, Mississauga
$749,900
{STEP INSIDE} This semi-detached raised bungalow on Featherhead Cres is a project property in a Meadowvale crescent location, close to Lake Aquitaine, Meadowvale Town Centre & Highway 401/407 access. It needs TLC throughout, but the bones are here: a main level with 3 berdooms & a basement already laid out with its own kitchen area, bedroom & bathroom. Vacant & ready for a handyman, flipper, contractor or investor to take on. {MAIN LEVEL} The foyer has hardwood flooring & a closet. The kitchen has linoleum flooring, a ceiling fan & comes with fridge, stove & dishwasher included, though updating here will go a long way. The dining room, in laminate flooring, opens concept to the family room, a space with a large window. Three bedrooms complete the main level: the primary with double closet & laminate flooring, plus two more bedrooms each with closets, ceiling fans & laminate flooring. A 4pc bathroom with hardwood flooring rounds out the main level & is a strong candidate for renovation. {BASEMENT} The basement layout is the real opportunity here. An L-shaped rec room in hardwood flooring already includes its own kitchen area with double sink, stove, range hood & fridge - the framework for a self-contained space is in place, but needs work to bring it up to standard. A fourth bedroom with hardwood flooring & a large window, a 4pc bathroom, a separate laundry room with washer, dryer & laundry sink, plus a utility room complete a level with real upside. {LOCATION }Meadowvale is known for its parks & lake system - Lake Aquitaine & Lake Wabukayne both offer walking & biking trails nearby. Meadowvale Town Centre covers everyday grocery & retail needs. Commuters have quick access to Highway 401 & 407, plus Milton Line GO rail service via Meadowvale GO Station. The community offers both public & Catholic elementary options, including Levi Creek Public School & St. Richard Catholic School.
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| Type | Semi-Detached |
| Style | Bungalow-Raised |
| Approx. Age | 31-50 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,366 |
| Lot Size | 57.63 ft x 110 ft |
| mls© Number | W13761168 |
| Listed By | CITYSCAPE REAL ESTATE LTD. |
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%
- $3,838
- Property tax
- $447
- Heat allowance
- $150
- Housing costs
- $4,435 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$136,000
gross annual household income
- Payment at 4%
- $3,156 / mo
- Cash down
- $149,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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