1629 Hollywell Avenue
East Credit, Mississauga
$1,488,000
An Executive home on prestigious Holleywell Avenue in exclusiveOld English Lane, a Credit River neighborhood. A generous pieshaped lot with a Spacious home of over 3400 sq ft , with 5Bedrooms and 3 bathrooms, awaits your personal touch. Thehome features a 1197 sq ft basement with a rare walk-outentrance, kitchen, sauna, storage, perfect for future in-law suite orextended family. The home is surrounded by the scenic Creditriver and nature-lovers Culham Trail. Just steps to the plaza and afew minutes' drive from vibrant Streetsville shops, dining andfestivals, Go Transit and schools.A must-see of amazing potential and location!
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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%
- $7,616
- Property tax
- $920
- Heat allowance
- $150
- Housing costs
- $8,686 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$267,000
gross annual household income
- Payment at 4%
- $6,262 / mo
- Cash down
- $297,600
Assumes no other monthly debts · 25-yr amortization
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