3334 Morning Star Drive
Malton, Mississauga
$819,900
****POWER OF SALE**** (Mortgage Default) Sold As Is - Where Is. Investment Property. Solid brick bungalow located in Malton community. 51.45 ft. x 125.00 ft. lot. Features 3x3 bedrooms and 3 bathrooms. Separate side entrance for basement rental. Conveniently located close to schools, parks, public transit, highways and all essential amenities.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,907 |
| Lot Size | 51.45 ft x 125 ft |
| mls© Number | W13812864 |
| Listed By | TRANSGLOBAL REALTY CORP. |
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%
- $4,197
- Property tax
- $492
- Heat allowance
- $150
- Housing costs
- $4,839 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$149,000
gross annual household income
- Payment at 4%
- $3,450 / mo
- Cash down
- $163,980
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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