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Port Credit, Mississauga
$1,199,000
Charming bungalow in the heart of Port Credit, tucked away on a quiet street and surrounded by beautiful new custom homes. Sitting on an impressive 50.07 x 149.77 ft lot, this home offers so many possibilities, move in and enjoy, renovate over time, or build your dream home in one of Mississauga's most desirable neighbourhoods. A separate side entrance leads to a spacious lower level with a bedroom and rec room, offering plenty of additional living space and great potential for future development. And the location is hard to beat! Just a short walk to downtown Port Credit, the lakefront, restaurants, cafés, shops and year-round community events. A wonderful opportunity to enjoy the charm and lifestyle of Port Credit today, with exciting possibilities for the future. *** Newer Lenox AC and Furnace, Tankless water heater.***
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Listing History
Schools
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,137
- Property tax
- $723
- Heat allowance
- $150
- Housing costs
- $7,010 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$216,000
gross annual household income
- Payment at 4%
- $5,046 / mo
- Cash down
- $239,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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