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New3 hours ago

1161 Chada Avenue

Erindale, Mississauga

$899,900

Detached|Bungalow-Raised
3 | 1 | 4
About this home

Welcome to 1161 Chada Ave! Solid 3-bedroom raised bungalow on desirable 50-ft lot in the beautifull, family-friendly neighbourhood close to everyday conveniences**Featuring large front porch, inviting foyer, open concept living and dining areas, spacious bedrooms and abundant natural light throughout**Owned by same family since 1972 and ready for your personal touch** Huge partially finished basement features high ceilings, numerous windows and a separate entrance-offering excellent potential for additional living space, or future income. This home is an outstanding opportunity for renovators, first-time buyers looking to build equity, or investors seeking to customize and add value**Steps to Woodland Park & the upcoming Ellengale Elementary School (currently in the final stages of construction) Close to the University of Toronto Mississauga (UTM), Top Rated The Woodlands SS, Public Transit, Shopping and Everyday Amenities**Bring your vision and unlock the potential of this property in a sought-after, established Erindale community! **Property being sold in "as-is, where-is" condition.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$7,289
Lot Size50.07 ft x 120 ft
mls© NumberW14124640
Listed ByRE/MAX REAL ESTATE CENTRE INC.

Listing History

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

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$4,606
Property tax
$607
Heat allowance
$150
Housing costs
$5,363 / mo

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

Down payment20% · $179,980
25-yr amortization

Income needed

$165,000

gross annual household income

Payment at 4%
$3,787 / mo
Cash down
$179,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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