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New3 hours ago

3269 Etude Drive

Malton, Mississauga

$799,000

Detached|1 1/2 Storey
3 | 2 | 7
About this home

Exceptional opportunity to own a property situated on a generous 50' x 125' lot, offeringexciting potential for investors, builders, and those looking to build their dream custom home,subject to municipal approvals.Whether you're looking to build a custom residence, renovate, or explore future redevelopment possibilities, this property presents an excellent opportunity in an established and convenient neighbourhood.The existing home features a renovated kitchen, a bright living area, and an unfinished basement offering a blank canvas for future possibilities. Additional updates include newer windows, a furnace replaced in 2021, and adurable 50-year metal roof.Enjoy a private, fully fenced backyard with a metal gazebo and two storage sheds.Conveniently located close to schools, parks, shopping, Westwood Mall, GO Transit, and public transit at your doorstep, with easy access to Highways 427, 409, and 401,and Toronto Pearson International Airport.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,942
Lot Size50.06 ft x 125.57 ft
mls© NumberW14093874
Listed ByRE/MAX GOLD 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%
$4,090
Property tax
$412
Heat allowance
$150
Housing costs
$4,651 / mo

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

Down payment20% · $159,800
25-yr amortization

Income needed

$143,000

gross annual household income

Payment at 4%
$3,362 / mo
Cash down
$159,800

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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