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New1 hour ago

907 North Service Road

Lakeview, Mississauga

$1,599,000

Detached|1 1/2 Storey
3 | 4 | 9
About this home

Welcome to 907 North Servive Rd, where opportunity meets lifestyle in the desirable community of Lakeview. Set on a premium lot, this detached home presents an exceptional opportunity for investors, builders, and end-users alike. Whether you're looking to renovate, build your dream home, or add a strong income-producing property to your portfolio, the possibilities are endless. Currently tenant-occupied, the home offers immediate rental income and features a versatile 3+2 bedroom layout with 2 kitchens, a finished basement apartment with a separate walk-up entrance, 200-amp electrical service, and a high-efficiency furnace. Located in one of Mississauga's fastest-growing waterfront communities, you'll enjoy the best of the Lakeview lifestyle with easy access to Lake Ontario, waterfront parks, trails, marinas, and the transformative Lakeview Village development. Commuters will appreciate quick access to the QEW, Hwy 427, GO Transit, and Pearson Airport, while nearby Port Credit, Square One, Sherway Gardens, excellent schools, parks, community centres, and everyday amenities offer unmatched convenience. A rare chance to secure a premium property in a thriving neighbourhood with outstanding long-term growth potential.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$7,744
Lot Size83.44 ft x 129.25 ft
mls© NumberW14163766
Listed BySAM MCDADI REAL ESTATE INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$8,184
Property tax
$645
Heat allowance
$150
Housing costs
$8,980 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $319,800
25-yr amortization

Income needed

$276,000

gross annual household income

Payment at 4%
$6,729 / mo
Cash down
$319,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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