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Erindale, Mississauga
$1,000,000
Beautiful and well-maintained bungalow located in the highly sought-after Credit Woodlands community, set on a premium 60 x 125 ft lot surrounded by mature trees with a private backyard that offers a peaceful, cottage-like setting right in the city. The main level features a sun-filled living room with a cozy wood-burning fireplace, a spacious dining area and an updated kitchen with a large breakfast area. Beautiful Brazilian hardwood floors add warmth to the principle rooms, and the generous primary bedroom with double closet, two additional bedrooms and a beautifully updated main bath complete the main level. The separate side entrance to the basement offers great potential for an in-law suite, with the finished lower level featuring a large rec room with gas fireplace, bedroom with closet and above-grade window, a handy office nook and direct access to the two-car garage. All of this in a fantastic location close to UTM, Erindale Park with its scenic trails and river, schools, transit, Hwy 403 and the QEW. *Some images are virtually staged.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $6,534 |
| Lot Size | 59.07 ft x 125 ft |
| mls© Number | W13815512 |
| Listed By | RE/MAX WEST REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,118
- Property tax
- $545
- Heat allowance
- $150
- Housing costs
- $5,813 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$179,000
gross annual household income
- Payment at 4%
- $4,208 / mo
- Cash down
- $200,000
Assumes no other monthly debts · 25-yr amortization
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