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New2 hours ago

6789 Shelter Bay Road

Meadowvale, Mississauga

$999,999

Detached|Bungalow
3 | 2 | 3
About this home

Prime Meadowvale Single-Level Living!This solid stone & brick bungalow features exceptional curb appeal with extensive interlocking pathways and an oversized garage with rear drive-through access. The main floor boasts solid hardwood flooring throughout, a sunken living room with a brick fireplace, a formal dining room, and an eat-in kitchen with a walkout. All 3 spacious bedrooms feature hardwood, including a primary suite with dual closets and a private patio walkout. The newly renovated lower level offers 1 bed room, W/I Closet, office & Rec room with a full-length fireplace, 3-piece bath, laundry, and a 17'x16' workshop/utility room. Key capital updates include the newly renovated basement and washroom, Main floor Washroom Vanity, Kitchen sink, roof, eaves, soffit, fascia, windows (including two sliding walkouts and two new windows in the basement), installation of a steel insulated garage door, and a central vacuum system. Steps to transit, top schools, and shopping.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$6,081
Lot Size62.16 ft x 130 ft
mls© NumberW13860250
Listed BySIAWA REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,118
Property tax
$507
Heat allowance
$150
Housing costs
$5,775 / mo

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

Down payment20% · $200,000
25-yr amortization

Income needed

$178,000

gross annual household income

Payment at 4%
$4,208 / mo
Cash down
$200,000

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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