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New3 hours ago

3602 Dunrankin Drive

Malton, Mississauga

$869,999

Detached|Backsplit 4
4 | 3 | 5
About this home

This spacious and well-maintained detached backsplit is ideally situated in the heart of Malton, offering a great combination of comfort, convenience, and income potential. The property features a bright and functional layout with two kitchens, two laundry areas, ample parking, and a separate entrance to the basement apartment, making it an excellent option for a large or extended family. The basement apartment provides an opportunity for additional rental income of approximately $1,300 to $1,600 per month, helping to offset mortgage expenses. The home is conveniently located within walking distance to schools, recreation facilities, shopping, and public transit. Recent improvements include newer windows and roof, and all existing appliances and the gazebo are included with the property. Overall, this property offers a combination of spacious living, excellent location, and potential rental income, making it a great opportunity for the buyer.

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Contact nest zoom realty.

nest zoom realty
(416) 276-9973
TypeDetached
StyleBacksplit 4
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,004
Lot Size55 ft x 86 ft
mls© NumberW13779958
Listed ByHOMELIFE SILVERCITY 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%
$4,453
Property tax
$417
Heat allowance
$150
Housing costs
$5,020 / mo

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

Down payment20% · $174,000
25-yr amortization

Income needed

$154,000

gross annual household income

Payment at 4%
$3,661 / mo
Cash down
$174,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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