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Listed 2 months ago

6348 Atherly Crescent

Meadowvale, Mississauga

$1,150,000

Semi-Detached |Backsplit 5
4 | 3 | 4
About this home

****Potential To Live Mortgage FREE - 3 Separate Units***3 Bedroom Upper Level with 2 Separate Inlaw Suites!!!***Multi Family, Multi Generational or Just a Great Investment with the Potential to Live Mortgage Free** 5 Bedroom + 3 Bathrooms**2+1 Kitchens & Communal Laundry! Walk to Lake Aquitaine & Comprehensive Meadowvale Recreation Centre!***5 Minute Drive to Meadowvale GO***

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agent
Jonathan Lee
(647) 983-0770
TypeSemi-Detached
StyleBacksplit 5
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,886
Lot Size27.5 ft x 125.86 ft
mls© NumberW13188826
Listed ByRE/MAX REAL ESTATE CENTRE INC.

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%
$5,886
Property tax
$490
Heat allowance
$150
Housing costs
$6,527 / mo

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

Down payment20% · $230,000
25-yr amortization

Income needed

$201,000

gross annual household income

Payment at 4%
$4,839 / mo
Cash down
$230,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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