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East Credit, Mississauga
$1,479,000
The best thing we can tell you about this house is how long its owners stayed. In 1987, a family moved onto a quiet crescent in Credit Pointe and liked it so much they never left. The house they're finally handing over, 4377 Wellsborough Place, is solid and spotless, and it's clearly been loved. It sits on a corner lot, which is the real estate version of the window seat. The light and the elbow room come standard, and here privacy does too.The residence puts the grand part first, with a foyer close to 17 feet high and a curved staircase. Formal living and dining rooms flank the hall for holiday dinners and long Sunday lunches. Meanwhile, the real life of the house happens at the back, where you'll find an eat-in kitchen with a centre island, a window-lined breakfast area, and a super cozy, sunken family room with a fireplace. Main-floor laundry with direct garage access is a small luxury you'll appreciate every single week.Upstairs, the primary suite is an escape, with a sitting area under an 11-foot ceiling, a walk-in closet and a five-piece ensuite with a soaker tub. The other three bedrooms are comfortably sized and share a four-piece bath. The finished lower level adds almost 1,500 square feet of bonus space. It has a large recreation room, a games room with the home's second fireplace, a wet bar, a powder room and plenty of storage.The kitchen and bathrooms are due for an update, which we consider good news. You could pay a premium for a stranger's taste in countertops elsewhere, or you could start here with a sound layout and a solid structure and pick your own. A win-win!The Credit River trails at Riverwood are a short walk away, and Erindale GO, Square One and Streetsville are a few minutes by car.One family stayed almost 40 years. Come see why.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 31-50 |
| Size | 3000-3500 sq. ft. |
| Property Tax | $9,863 |
| Lot Size | 61.62 ft x 112.93 ft |
| mls© Number | W14176610 |
| Listed By | FOX MARIN ASSOCIATES 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%
- $7,570
- Property tax
- $822
- Heat allowance
- $150
- Housing costs
- $8,542 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$263,000
gross annual household income
- Payment at 4%
- $6,224 / mo
- Cash down
- $295,800
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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