1061 Sherwood Mills Boulevard
East Credit, Mississauga
$1,300,000
Opportunity Knocking! Beautiful Lrg Fam Home In Sought After Local Min From Heartland, 401, 403, Schools, Transit, Churches And Mosque. This Home Boasts A Grand Entrance Foyer With Pot Lights, Hardwood Through-Out, Large Master Bedroom, Finished Basement With Separate Entrance. This Home Boasts Income Potential. Beautiful Custom Landscaped Yard Ideal For Entertaining. Inground Sprinkler System, Exterior Pot Lights. Original Owners!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $7,192 |
| Lot Size | 39.37 ft x 118.81 ft |
| mls© Number | W13677106 |
| Listed By | RE/MAX GOLD REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,654
- Property tax
- $599
- Heat allowance
- $150
- Housing costs
- $7,403 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$228,000
gross annual household income
- Payment at 4%
- $5,471 / mo
- Cash down
- $260,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
For detached listings, East Credit is currently leaning buyers' way — there is more choice and more room to negotiate. Over June – August 2026, homes here typically sold in about 26 days and fetched 90% of the asking price. Buyer competition is holding steady versus the same months last year.
- Demand
- 0.36
- Avg days on market
- 26 d
- Sale-to-list
- 90%
- Price change (YoY)
- -1.9%
Based on 43 sales
0.37
Buyer's market
35days
+1 days vs the same month last year
$1,272,338
-9.9% vs a year ago
Nearby listings
Comparable sales
- No similar listings found.
