6399 Colebrook Crescent
Meadowvale, Mississauga
$889,000
Welcome to this lovingly maintained well kept home. Located in desirable Meadowvale area offers safe family settings. Freshly painted, hardwood floors throughout, wood stairs, many improvements inside and out. Updated kitchen with quartz counter, lighting under cupboards, pot-lights, backsplash, plenty counterspace & breakfast area. Primary bedroom has a direct access to renovated 4 pc bathroom & large double closet. Finished basement features gas fireplace, cantina with freezer for food storage, cedar closet, 3 pc bathroom, insulated floors for warmth. Outdoor shed has electricity and insulated walls. Well maintained home in Meadowvale community, close to parks, schools, walking trails, shopping and other amenities.
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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%
- $4,550
- Property tax
- $454
- Heat allowance
- $150
- Housing costs
- $5,155 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$159,000
gross annual household income
- Payment at 4%
- $3,741 / mo
- Cash down
- $177,800
Assumes no other monthly debts · 25-yr amortization
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