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New5 hours ago

3018 O'hagan Drive

Erindale, Mississauga

$879,000

Detached|Bungalow
3 | 2 | 5
About this home

First Time Offered by the Original Owners! An excellent opportunity for investors, renovators, or buyers looking to create a home that truly reflects their own style. Welcome to this detached bungalow in the highly sought-after Erindale neighbourhood, situated on a premium 50 x 125 ft lot on a quiet, family-friendly street. Featuring 3 + 1 bedrooms and 2 bathrooms, this home offers a functional layout, generous principal rooms, and plenty of natural light. The main floor features three well-sized bedrooms, while the dining room provides a walkout to a spacious deck overlooking the private, oversized backyard, offering plenty of space for entertaining, relaxing, or future possibilities. The lower level offers additional living space and features a separate side entrance to the basement, providing excellent potential for investors or extended family. Whether you're looking to renovate and personalize, invest and add value, or create your dream home in a desirable established neighbourhood, this property offers a fantastic opportunity. Ideally located minutes from UTM, Erindale GO Station, Erindale Park, Riverwood Conservancy, Square One, walking trails, Credit Valley Golf and Country Club, and an array of shopping and amenities. A rare opportunity to bring your vision to a sought-after Erindale location!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$6,441
Lot Size50 ft x 125 ft
mls© NumberW13866222
Listed BySNOBAR REALTY GROUP 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%
$4,499
Property tax
$537
Heat allowance
$150
Housing costs
$5,186 / mo

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

Down payment20% · $175,800
25-yr amortization

Income needed

$160,000

gross annual household income

Payment at 4%
$3,699 / mo
Cash down
$175,800

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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