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East Credit, Mississauga
$1,499,900
Gorgeously renovated 2870 sq ft 4+1 bedroom detached in highly sought-after Olde English Lane neighbourhood of East Credit with bonus separate side entrance and 1500 sq ft of great basement apartment potential! Spectacular remodeled open concept main floor layout rarely found in similar homes with premium wide plank oak hardwood flooring, 6" baseboards & pot lighting. Stunning gourmet kitchen features Caesarstone quartz countertops, maple cabinetry with undermount cabinet LED lights, Kohler cast iron farm sink, stone backsplash, breakfast area with decorative chandelier and 2020 stainless steel KitchenAid appliances: 33" French door fridge, 30" dual fuel gas stove, dishwasher, and convection microwave. You will love the amazing butler's pantry complete with sliding rustic barn door, 11.5" butcher block countertop, custom millwork/shelving, wine rack and wine fridge, pot lights and more! Large living/dining room with wood burning fireplace. Convenient main floor office with French doors and bay window overlooking front yard. Main floor laundry. Primary bedroom retreat includes large luxurious ensuite bathroom with curbless walk-in shower, his/her walk-in closet & double closet. 3 more great sized bedrooms and renovated main bath. Massive unfinished basement ready for income potential with separate entrance. Large mature lot with backyard deck. Central vacuum. New furnace 2020. Vinyl Windows 2014/2020. Premium street situated alongside multi-million dollar homes that back onto the Credit River Ravine. Excellent location close to nature, parks, schools, Credit River trail system, shops & amenities, transit and more! Easy access to highways, downtown Streetsville & GO transit, Heartland TC. You'll love it!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2500-3000 sq. ft. |
| Property Tax | $10,367 |
| Lot Size | 45.02 ft x 113.85 ft |
| mls© Number | W13783260 |
| Listed By | Royal LePage Real Estate Associates |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $7,677
- Property tax
- $864
- Heat allowance
- $150
- Housing costs
- $8,691 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$267,000
gross annual household income
- Payment at 4%
- $6,312 / mo
- Cash down
- $299,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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