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Cooksville, Mississauga
$1,399,000
Highly Desirable Detached 2-Story 4 bdrm 3 full bathrm Home in the heart of the highly sought-after Cooksville mature neighbourhood, spacious living area, plus a fully finished basement. Newly renovated, Large enclosed front Veranda, The main level features a new gourmet kitchen complete with quartz countertops, new high end appliances, and abundant cabinetry, All 3 fully renovated bathrooms, new cabinets with quartz stone countertop in laundry room. New stairs and iron picket railings, new Ceramics thruout main foyer/kitchen/laundry room, Top of the line canadian hardwood on main floor. fully renovated/restored upper levels. all new lighting on the main and upper levels. premium sized private fully fenced back yard. The finished basement includes a second kitchen, offering excellent flexibility for extended family living, in-law accommodation. new furnace, Perfectly situated in a central and convenient location, this home is just minutes from public transit, top-rated schools, parks, shopping, hospitals and major highways-delivering both comfort and accessibility.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $7,161
- Property tax
- $767
- Heat allowance
- $150
- Housing costs
- $8,077 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$249,000
gross annual household income
- Payment at 4%
- $5,887 / mo
- Cash down
- $279,800
Assumes no other monthly debts · 25-yr amortization
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