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New3 hours ago

1045 Cawthra Road

Lakeview, Mississauga

$700,000

Detached|2-Storey
4 | 2 | 6
About this home

ATTENTION INVESTORS, BUILDERS, AND FLIPPERS! An exceptional value-add opportunity has just hitthe market in one of the most rapidly appreciating neighborhoods. This is the ultimate blankcanvas-a true diamond in the rough offering massive upside potential for the savvy buyer.Offered strictly in "as-is, where-is" condition, this complete fixer-upper is pricedaggressively to leave plenty of meat on the bone for your next profitable project.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,149
Lot Size30 ft x 110 ft
mls© NumberW13860020
Listed ByROYAL LEPAGE PLATINUM REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,583
Property tax
$429
Heat allowance
$150
Housing costs
$4,162 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $140,000
25-yr amortization

Income needed

$128,000

gross annual household income

Payment at 4%
$2,946 / mo
Cash down
$140,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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