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Erindale, Mississauga
$799,900
Welcome to 1319 Freeport Dr in the Coveted, Erindale Woodland Neighborhood. This Open Concept Bungalow offers Plenty of Natural Sunlight a Separate Entrance, Finished Basement, 3 + 2 Bedrooms with the Possibility of adding a 3rd Bedroom in the Basement. The Main Level Boasts a Beautiful Kitchen with Granite Counter Tops, pot lights, Built-In Appliances and an Island with Granite Countertops and Ample Storage. The Dining Room Showcases a Matching Built-In Cabinet and Storage, a Functional Serving Space that Adds Character to this Wonderful Space. The Living Room has Plenty of Natural Light and it can Accommodate a large crowd for Entertaining Family and Friends. The Lower Level offers a Separate Side Entrance with excellent potential for Future Rental Income or for an In-law Suite. The Finished Basement offers 2 Bedrooms, a Kitchen a Large Living/Family Room a 3 pc Bathroom and the Laudry Room. Ample Parking, up to 4 Vehicles can park in the Driveway. Talk about Location. This Home is situated in one of Mississauga's most established Neighborhoods. Erindale Offers the Perfect Blend of Natural Beauty, a Great Family Friendly Community and everyday convenience to near by amenities, such as, the Credit River, Erindale Park. Just Minutes to the Erindale GO Station, the University of Toronto, Mississauga Campus, Square One, Grocery Stores, QEW, Restaurants and much, much more. This is a Wonderful Opportunity for your Family to Move in and Start Making new Family Memories in a Wonderful Family Friendly Desirable Community in Mississauga. Don't Miss out!!
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,094
- Property tax
- $458
- Heat allowance
- $150
- Housing costs
- $4,702 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$145,000
gross annual household income
- Payment at 4%
- $3,366 / mo
- Cash down
- $159,980
Assumes no other monthly debts · 25-yr amortization
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