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New3 hours ago

2431 Basswood Crescent

Erin Mills, Mississauga

$898,990

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

Welcome to this beautifully updated 4-bedroom, 2-bathroom home n the highly sought-after Erin Mills community, offering a perfect blend of modern style, functionality and exceptional outdoor living.The open-concept renovated kitchen features stainless steel appliances and seamlessly connects to the dining area, with a walkout to the deck perfect for entertaining or enjoying your morning coffee. The bright and spacious living room showcases cathedral ceilings, hardwood flooring and fireplace, creating a warm and inviting space. Four generously sized bedrooms provide plenty of room for the whole family, while the updated bathrooms add modern comfort. Enjoy the incredible 160-ft-deep lot and two walkouts to the backyard, creating an ideal indoor-outdoor connection for family gatherings, entertaining and enjoying the outdoors.Numerous important updates provide peace of mind, including 2021 furnace, 2021 A/C, 2022 tankless hot water heater and 2021 electrical panel. Adding tremendous value is the owned 6 kW solar panel system, which has generated approximately 28.32 MWh over the past three years. Enrolled in a net-metering program, the system generates approximately $1,000 per year in hydro-bill credits/rebates.Located in the heart of Erin Mills, this home is surrounded by walking trails, parks and green spaces, while being conveniently close to Credit Valley Hospital, shopping, restaurants and everyday amenities. Commuters will appreciate easy access to the QEW, 403, 401 and 407, as well as GO Transit, making travel throughout Mississauga and the GTA a breeze.

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agent
Jonathan Lee
(647) 983-0770
TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,700
Lot Size30.04 ft x 162.59 ft
mls© NumberW13718436
Listed ByRE/MAX REALTY SPECIALISTS 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%
$4,601
Property tax
$475
Heat allowance
$150
Housing costs
$5,226 / mo

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

Down payment20% · $179,798
25-yr amortization

Income needed

$161,000

gross annual household income

Payment at 4%
$3,783 / mo
Cash down
$179,798

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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