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Listed 5 months ago

7481 Doverwood Drive

Meadowvale, Mississauga

$1,190,000

Detached|2-Storey
3 | 3 | 4
About this home

Perfectly situated in one of Mississauga's most thriving and family friendly neighborhood, High / Open Ceiling at Entrance. Gorgeous 2500 sqft Living Space w/ 3 bedrooms, 3 washrooms plus Family room. The main floor features a spacious kitchen, Walking distance to Lisgar GO station, minutes to major highways (401 & 407), groceries, major shopping stores, restaurants, great parks and in a highly rated school district with French immersion and schools such as the highly rated Plum Tree Park Public School

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$7,351
Lot Size36.15 ft x 153.29 ft
mls© NumberW12882530
Listed ByKW Living Realty

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%
$6,091
Property tax
$613
Heat allowance
$150
Housing costs
$6,854 / mo

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

Down payment20% · $238,000
25-yr amortization

Income needed

$211,000

gross annual household income

Payment at 4%
$5,008 / mo
Cash down
$238,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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