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Fairview, Mississauga
$949,000
Highly Coveted Larger Raised Bungalow Model in Prime Fairview!!! Great Affordable Starter or Investment Opportunity! Ideal for a Large or Multi-Generational Family, Investor, or Buyer Looking for Flexible Living Arrangements with Income Potential. Three Separate Entrances Offer Excellent Functionality for Multi-Family Living, Live-In/Rent Potential, or use as a Spacious Single-Family Home. Fully Above-Ground Legal Basement Apartment with Direct Ground Level Walk/Out to Massively Long Backyard Ideal for Large Family BBQs and Entertainment. Features Newer Carpeting and Offers Excellent Additional Living Space and/or Rental Potential. Both Upper and Lower Level have own Designated Laundry. Main Floor Tenant is Willing to Remain, Providing Potential Immediate Rental Income for the New Owner. Situated on a Large 155.56 ft Deep Lot with Fully Fenced Yard, Perfect for Family Gatherings and Outdoor Enjoyment. Conveniently located within walking distance to schools, just minutes to Square One, Celebration Square, YMCA, Kariya Park, Sheridan College, Parks, Recreation Facilities, Restaurants, Shopping, Transit, Major Highways and all Amenities.
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| Type | Semi-Detached |
| Style | Bungalow-Raised |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $6,593 |
| Lot Size | 29.87 ft x 155.56 ft |
| mls© Number | W13831072 |
| Listed By | ROYAL LEPAGE TERREQUITY REALTY |
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%
- $4,857
- Property tax
- $549
- Heat allowance
- $150
- Housing costs
- $5,557 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$171,000
gross annual household income
- Payment at 4%
- $3,994 / mo
- Cash down
- $189,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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