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Lisgar, Mississauga
$989,000
KEY FEATURES: IN-LAW SUITE WITH INCOME POTENTIAL | CURRENTLY TENANTED BASEMENT UNIT | SEPARATE ENTRANCE | TWO KITCHENS | 3+1 BEDROOMS | 4 BATHROOMS | HIGH-END KITCHEN APPLIANCES | PRIME LISGAR LOCATION. Welcome to 3883 Densbury Drive, an all-brick semi-detached home offering space for your family and income potential to help offset ownership costs. The separate one-bedroom basement suite is currently tenanted and features its own entrance, kitchen, living area and full bathroom, adding financial appeal alongside flexibility for future in-law or extended-family living. The main floor offers a kitchen with high-end appliances and an eat-in area, complemented by connected living and dining spaces with a walkout to the deck for outdoor meals and gatherings. Upstairs, three well-sized bedrooms include a primary bedroom with a walk-in closet and private four-piece ensuite. Four bathrooms throughout the home provide added convenience for family and guests. Located in the established Lisgar community close to schools, parks, Lisgar Fields and neighbourhood trails, with groceries, restaurants and SmartCentres Meadowvale shopping nearby. Convenient access to Lisgar GO Station, local transit and Highways 401 and 407 brings together everyday convenience, family comfort and income potential.
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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%
- $5,062
- Property tax
- $467
- Heat allowance
- $150
- Housing costs
- $5,679 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$175,000
gross annual household income
- Payment at 4%
- $4,162 / mo
- Cash down
- $197,800
Assumes no other monthly debts · 25-yr amortization
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