5843 Prairie Circle
Lisgar, Mississauga
$1,319,000
Stunning fully renovated 4+1 bedroom, 5-bathroom home offering elegant finishes throughout. The second floor features three full bathrooms, providing exceptional comfort and privacy. Highlights include brand-new flooring, completely redesigned modern bathrooms, and all-new appliances including fridge and stove. Equipped with rooftop solar panel system, adding an energy-conscious feature to this exceptional home. Finished walkout basement with bedroom and full bathroom offers ideal space for guests or extended family. Move-in ready, filled with natural light, and situated in a highly desirable, family-friendly neighbourhood close to schools, parks, transit, and amenities. The home also features owned rooftop solar panels that currently generate monthly income for the seller. Income details and contract transferability are subject to verification
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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%
- $6,751
- Property tax
- $657
- Heat allowance
- $150
- Housing costs
- $7,559 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$233,000
gross annual household income
- Payment at 4%
- $5,551 / mo
- Cash down
- $263,800
Assumes no other monthly debts · 25-yr amortization
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