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Listed 14 days ago

1847 Will Scarlett Drive

Sheridan, Mississauga

$1,999,900

Detached|Bungalow-Raised
3 | 3 | 10
About this home

Situated On An Impressive 100 X 150 Ft Lot In The Prestigious Sherwood Forrest Community, This Property Presents An Outstanding Opportunity To Renovate, Expand, Or Build Your Dream Home In One Of Mississauga's Most Established And Desirable Neighbourhoods. Surrounded By Mature Trees And Custom Homes, The Location Offers The Perfect Balance Of Privacy, Convenience, And Long-term Value. A Long Private Driveway Accommodates Up To Eight Vehicles And Leads To An Attached Two-car Garage. The Split-level Design Provides A Functional Layout With Separate Access To Both The Upper And Lower Levels, Making It Well-suited For Growing Or Multi-generational Families. The Main Floor Features A Bright, Open-concept Living And Dining Area Highlighted By A Classic Wood-burning Fireplace And Hardwood Flooring Throughout. The Spacious Eat-in Kitchen Offers Ample Cabinetry, Updated Appliances, And Plenty Of Natural Light. Three Generously Sized Bedrooms Include A Primary Retreat With Its Own Private Ensuite, Complemented By A Second Full Bathroom. The Above-grade Lower Level Is Filled With Natural Light From Oversized Windows And Offers Exceptional Flexibility. Complete With A Second Wood-burning Fireplace, An Additional Bedroom, A Full Bathroom, And Several Spacious Rooms, The Lower Level Can Easily Accommodate A Recreation Room, Family Room, Home Office, Fitness Area, Or Guest Accommodations. Ideally Located Close To Highly Regarded Schools, The University Of Toronto Mississauga, Credit Valley Hospital, Parks, Walking Trails, Shopping, And Major Commuter Routes, This Is A Rare Opportunity To Secure A Premium Property In One Of Mississauga's Most Sought-after Neighbourhoods.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$11,401
Lot Size100 ft x 150 ft
mls© NumberW13595666
Listed ByFOREST HILL REAL ESTATE 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%
$10,236
Property tax
$950
Heat allowance
$150
Housing costs
$11,336 / mo

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

Down payment20% · $399,980
25-yr amortization

Income needed

$349,000

gross annual household income

Payment at 4%
$8,416 / mo
Cash down
$399,980

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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