5419 Loonlake Avenue
East Credit, Mississauga
$1,200,000
RARELY OFFERED RAISED BUNGALOW IN PRIME EAST CREDIT! A standout opportunity just minutes from Heartland Town Centre, BraeBen Golf Course, highways, transit, parks & everyday amenities. This beautifully upgraded, move-in ready home offers a bright open-concept layout with large windows, beautiful flooring & spacious principal rooms designed for comfortable living and entertaining. The upgraded chef-inspired kitchen features generous counter space, backsplash, upgraded appliances, pantry & walkout to the recently upgraded deck overlooking a fully fenced 117-ft deep lot. Enjoy the convenience of main-floor laundry, direct garage access, upgraded garage doors & double-door entry. The fully finished lower level is exceptionally bright with oversized windows, a gas fireplace, second kitchen & additional bedroom-an ideal layout for extended or multi-generational families. Turnkey, spacious & seldom available, this distinctive raised bungalow is truly one of a kind in today's market.
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $7,061 |
| Lot Size | 44.29 ft x 117.78 ft |
| mls© Number | W14083086 |
| Listed By | ROYAL LEPAGE MEADOWTOWNE 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%
- $6,142
- Property tax
- $588
- Heat allowance
- $150
- Housing costs
- $6,881 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$212,000
gross annual household income
- Payment at 4%
- $5,050 / mo
- Cash down
- $240,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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