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New3 hours ago

2547 Morrison Avenue

Erindale, Mississauga

$1,999,999

Detached|2-Storey
4 | 4 | 8
About this home

RARE 50' x 304' LOT | CUSTOM-BUILT HOME | FINISHED WALK-OUT BASEMENT An exceptional opportunity to own a custom-built home, originally constructed in 1999 and set on a rare 50' x 304' premium lot in the desirable Huron Park community. The extraordinary depth of the property provides a private, mature backyard, a custom-built shed with electrical power, and abundant space for gardening, entertaining, recreation and relaxation. The main floor features 9-foot ceilings, a spacious foyer and hardwood flooring throughout. A versatile home office or main-floor bedroom adds flexibility, while the inviting open-concept living and dining areas are thoughtfully designed for both comfortable family living and entertaining. At the heart of the home is a bright, generously sized kitchen featuring granite countertops, updated stainless-steel appliances, and a brand-new gas range and faucet. The sunny breakfast area, surrounded by large windows, overlooks the beautiful backyard. A walk-out provides direct access to the deck and expansive outdoor setting-ideal for family gatherings and summer entertaining. Upstairs, the spacious primary bedroom offers two walk-in closets, a private sitting area and a newly professionally redesigned 5-piece ensuite. Three additional generously sized bedrooms, each with large closets, are complemented by a newly professionally renovated main bathroom. The finished basement significantly expands the home's living space and features higher ceilings, an oversized recreation room with large windows, gas fireplace, wet bar, cold cellar and dedicated workroom, along with extensive storage. An additional bedroom with two closets and an adjoining 3-piece bathroom provides excellent flexibility for guests or extended family. The separate walk-out leads directly to the backyard, creating exceptional versatility for multi-generational living, recreation and entertaining.

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nest zoom realty
(416) 276-9973
TypeDetached
Style2-Storey
Approx. Age16-30
Size3000-3500 sq. ft.
Property Tax$12,163
Lot Size50 ft x 304 ft
mls© NumberW14096858
Listed ByREALTY EXECUTIVES PLUS LTD

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%
$10,237
Property tax
$1,014
Heat allowance
$150
Housing costs
$11,400 / mo

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

Down payment20% · $400,000
25-yr amortization

Income needed

$351,000

gross annual household income

Payment at 4%
$8,416 / mo
Cash down
$400,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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