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New3 hours ago

7566 Netherwood Road

Malton, Mississauga

$915,000

Detached|Backsplit 3
4 | 2 | 5
About this home

Attention Builders, Investors & End Users! An incredible opportunity awaits on a generous 51.07 x 122.26 ft lot in the heart of Malton. Offering four above-grade bedrooms, two bathrooms and a functional multi-level layout, this home is filled with potential for those looking to move in, renovate, invest or create their dream home. A separate side entrance and walkout from the third level, combined with a full kitchen and additional living space on the lower level, offer excellent potential for a secondary or income-producing suite. Freshly painted throughout, with an updated upper-level bathroom featuring porcelain tile and a quartz countertop, plus a renovated lower level with laminate flooring, full kitchen, shower and ample storage. Enjoy a spacious backyard and well-sized lot offering plenty of possibilities. Ideally located close to schools, parks, transit, Malton GO and Pearson International Airport, with convenient access to Highways 427, 407 and 401. A fantastic opportunity to make this property your own! Some photos have been virtually staged.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBacksplit 3
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,324
Lot Size51.07 ft x 122.26 ft
mls© NumberW13857592
Listed ByRE/MAX ESCARPMENT REALTY 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%
$4,683
Property tax
$444
Heat allowance
$150
Housing costs
$5,277 / mo

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

Down payment20% · $183,000
25-yr amortization

Income needed

$162,000

gross annual household income

Payment at 4%
$3,850 / mo
Cash down
$183,000

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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