3412 Monica Drive
Malton, Mississauga
$999,000
Welcome to this beautiful, bright, and well-maintained 4-level backsplit detached home featuring 3 spacious bedrooms and a 3-bedroom legal basement apartment with a separate entrance-an excellent opportunity for additional rental income or extended family living.The main home offers an upgraded kitchen with granite countertops and high-end appliances, laminate flooring, updated bathrooms, and a newer A/C. Convenient direct access from the garage into the home adds to the functionality.Located in an excellent, family-friendly neighbourhood close to schools, public transit, major highways, shopping malls, library, parks, places of worship, gyms, and grocery stores. Great Location & Great Neighbourhood!
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| Type | Detached |
| Style | Backsplit 4 |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,242 |
| Lot Size | 40.37 ft x 124.32 ft |
| mls© Number | W13750122 |
| Listed By | KING REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,113
- Property tax
- $437
- Heat allowance
- $150
- Housing costs
- $5,700 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$175,000
gross annual household income
- Payment at 4%
- $4,204 / mo
- Cash down
- $199,800
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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