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New2 hours ago

3155 Cabano Crescent

Churchill Meadows, Mississauga

$1,100,000

Freehold Townhouse|2-Storey
3 | 4 | 3
About this home

EXCEPTIONAL HOME WITH INCOME POTENTIAL. A beautifully renovated freehold townhome featuring a self-contained basement apartment, ideal for extended family or potential rental income. The seller currently holds an Airbnb licence; documentation is available upon request.Offering 3+1 bedrooms and 3+1 bathrooms, this spacious residence is situated in a sought-after Mississauga neighbourhood within the Oscar Peterson school boundary. An impressive foyer with soaring ceilings welcomes you into a thoughtfully designed, open-concept main floor. Hardwood flooring extends throughout the main and upper levels.The generous kitchen is appointed with granite countertops, stainless steel appliances, a tiled backsplash, pot lighting and a breakfast area. Adjoining living and dining spaces provide a seamless setting for entertaining and everyday living, while a main-floor powder room adds convenience.Upstairs, three well-proportioned bedrooms include a spacious primary suite with a walk-in closet and a private ensuite with double sinks. An additional three-piece bathroom and a study area complete the upper level.The newly finished basement apartment offers a separate entrance through the garage, one bedroom, a spacious kitchen, living and dining areas, and dedicated laundry. Separate laundry facilities serve the upper residence. A large backyard, interlocking and ample parking further enhance the property. Ugrades: Hardwood throughout (2021) Interlock,landscaping & Gazebo (2022) Basement apartment (2021) Painted throughout (2024) HVAC (2024) Hot water tank (2024)

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nest zoom realty
(416) 276-9973
TypeAtt/Row/Townhouse
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,031
Lot Size6.1 metres x 32.5 metres
mls© NumberW14084166
Listed ByRE/MAX HALLMARK REALTY GROUP

Listing History

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  • No recent lease history for this listing.

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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
$336
Heat allowance
$150
Housing costs
$6,116 / mo

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

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

Income needed

$188,000

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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