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New3 hours ago

1204 Sherwood Mills Boulevard

East Credit, Mississauga

$1,490,000

Detached|2-Storey
3 | 4 | 5
About this home

Beautifully maintained ravine-lot home offering exceptional privacy and premium outdoor living. Features include hardwood floors, crown moldings in the living and dining rooms, quartz counters, upgraded staircases with wrought-iron pickets, LED interior and exterior pot lights, finished laundry room, water filtration system, and an expanded driveway accommodating 3 vehicles. Enjoy a landscaped front and backyard complete with a gazebo, jacuzzi hot tub, built-in BBQ grill, a firepit with stone benches overlooking the ravine, and a covered rear entry with awning for sheltered access to the backyard. The second-floor family room provides a cozy fireplace and abundant natural light. The finished basement includes a bedroom, 3-piece bath, and an open-concept recreation area. Conveniently located minutes to Heartland, Square One, GO Transit, top-ranked schools, Credit Valley Hospital, Erin Mills Town Centre, Highway 403, and the University of Toronto Mississauga campus.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age31-50
Size2000-2500 sq. ft.
Property Tax$7,267
Lot Size32.02 ft x 100.23 ft
mls© NumberW14087578
Listed ByBest Sellers Realty Inc.

Listing History

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  • 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%
$7,626
Property tax
$606
Heat allowance
$150
Housing costs
$8,382 / mo

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

Down payment20% · $298,000
25-yr amortization

Income needed

$258,000

gross annual household income

Payment at 4%
$6,270 / mo
Cash down
$298,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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