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Churchill Meadows, Mississauga
$1,399,000
Welcome to 5165 Rayana Ridge, nestled in one of Mississauga's most prestigious, desirable, and family-oriented neighbourhoods. This stunning, freshly painted detached home offers 4+1 BEDROOMS, 5 WASHROOMS, APPROXIMATELY 2,200 SQ. FT. OF LIVING SPACE ABOVE GRADE, PLUS A FULLY FINISHED BASEMENT, WITH THE POTENTIAL FOR TWO SEPARATE DWELLING UNITS, subject to municipal approvals and applicable regulations. Featuring an impressive list of upgrades, including new flooring on the main level and basement, along with new light fixtures throughout. The beautifully designed basement features its own kitchen and modern washroom, with the potential to create a separate entrance and generate additional rental income. Ideal for extended family, in-law accommodation, or future investment opportunities. Conveniently located close to schools, parks, public transit, shopping, major highways, and a wide range of amenities. Beautifully updated and thoughtfully designed, this exceptional home offers the perfect blend of style, comfort, convenience, and investment potential. Truly a wonderful place to call home-don't miss it!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $8,040 |
| Lot Size | 32.22 ft x 109.81 ft |
| mls© Number | W14083706 |
| Listed By | ROYAL LEPAGE REAL ESTATE SERVICES LTD. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $7,161
- Property tax
- $670
- Heat allowance
- $150
- Housing costs
- $7,981 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$246,000
gross annual household income
- Payment at 4%
- $5,887 / mo
- Cash down
- $279,800
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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