1626 Alexandra Boulevard
Lakeview, Mississauga
$1,599,900
TO BE BUILT - JUNE 2027 OCCUPANCY! Custom 3-Bedroom Semi-Detached Home In Sought-After Lakeview Featuring Legal Basement Apartment With Separate Entrance, Kitchen & 4-Pc Bath. Over 2,550 Sq. Ft. With Hardwood Flooring Throughout. Bright Open-Concept Main Floor Features A Spacious Family Room With Walk-Out To Backyard & Eat-In Kitchen. The Second Level Offers A Generous Great Room, 2 Bedrooms, 5-Pc Bath & Convenient Upper Level Laundry Closet. Retreat To The Third-Floor Primary Bedroom Complete With A Stunning 5-Pc Ensuite. Ideally Located Minutes From The QEW, Gardiner Expressway, Highway 427, Shopping, Grocery Stores, Transit & More!
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What the bank counts
This home's estimated carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $8,189
- Property tax (estimated)
- $0
- Heat allowance
- $150
- Housing costs
- $8,339 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$257,000
gross annual household income
- Payment at 4%
- $6,733 / mo
- Cash down
- $319,980
Assumes no other monthly debts · 25-yr amortization
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