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New2 hours ago

1331 St. James Avenue

Lakeview, Mississauga

$1,100,000

Detached|1 1/2 Storey
3 | 3 | 11
About this home

3 bedroom, 3 bathroom 'Lakeview neighbourhood' home with waterfront on Applewood Creek (west Etobicoke River). Double wide frontage on 100X149 foot lot. Huge heated garage with 3 car bays and hoist and water hook-up. Ample parking for a fleet of 10 cars. Updated bathrooms and updated appliances. Basement apartment w. separate entrance. Beautiful deck off the kitchen w. gas BBQ and gazebo. Covered front porch. Updated HVAC + furnace and 200amp panel w. updated copper wiring. Central vacuum. Double high ceilings in steel framed heated garage at rear of property. Fantastic investment! Fantastic property near Lake Ontario and booming Dixie/Lakeshore neighbourhood! Go-Train (Long Branch), Dixie Outlet Mall (Winners, No Frills), Sherway Gardens Mall, Lakeview Golf Course, Toronto Golf Club, Lakeshore Park on Lake Ontario all very close by!!

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nest zoom realty
(416) 276-9973
TypeDetached
Style1 1/2 Storey
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$11,888
Lot Size100 ft x 149.23 ft
mls© NumberW13826968
Listed ByLUCAIS CORP.

Listing History

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  • 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%
$5,630
Property tax
$991
Heat allowance
$150
Housing costs
$6,771 / mo

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

Down payment20% · $220,000
25-yr amortization

Income needed

$208,000

gross annual household income

Payment at 4%
$4,629 / mo
Cash down
$220,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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