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Central Erin Mills, Mississauga
$1,449,888
Welcome to an impressive income generating executive detached home situated on a premium corner lot in the highly sought-after Central Erin Mills community. Legal Basmenet Apartment with an updated Electrical Panel in 2023. This over 2,700 sq. ft. of living space home features 5 spacious bedrooms, 4 updated bathrooms, Stunning Kit. W/ All S/S Appl W/ Quartz Counters & Carrara Marble Herringbone Tile Bplash (2020). main & 2nd floor Baths Reno'd(2020) . Hdwd Flooring, Windows, & Pot Lights Throughout The Main (2020) Freshly Painted. W/OT To A Newly Built Wooden Deck (2020) . AC, Furnace and Tankless Hot water Tank (2021), Roof(2017) . The spacious primary bedroom is filled with natural light from three windows. Enjoy exceptional curb appeal with a large front yard, double garage, and an extended stone driveway(2022) accommodating up to 6 vehicles. The private backyard is surrounded by mature trees, offering beautiful greenery and excellent privacy. The legal one-bedroom basement apartment includes a living room, full bathroom, and legal separate side entrance with legal windows-ideal for extended family or additional income. Conveniently located near parks, trails, Erin Mills shopping center, restaurants, major highways, and highly ranked schools, including John Fraser Secondary School and St. Aloysius Gonzaga Secondary School. A wonderful opportunity in one of Mississauga's most desirable neighbourhoods!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $8,478 |
| Lot Size | 55.68 ft x 113.94 ft |
| mls© Number | W13771996 |
| Listed By | ROYAL LEPAGE SIGNATURE REALTY |
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%
- $7,421
- Property tax
- $707
- Heat allowance
- $150
- Housing costs
- $8,278 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$255,000
gross annual household income
- Payment at 4%
- $6,101 / mo
- Cash down
- $289,978
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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