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New3 hours ago

1074 Flagship Drive

Applewood, Mississauga

$1,275,000

Detached|Bungalow
7 | 3 | 4
About this home

Welcome to this stunning, fully renovated bungalow on a premium wraparound corner lot in the highly sought-after Applewood community of Mississauga! With 7 spacious bedrooms and 3 beautifully updated washrooms, this home is ready to impress from the moment you arrive. Inside, a bright and airy open-concept layout flows effortlessly into a show-stopping, chef-inspired kitchen featuring sleek quartz countertops and stainless steel appliances, perfect for family dinners and entertaining alike. A separate entrance leads to the fully finished basement, offering incredible versatility: use it as a private in-law suite for parents or grandparents, a comfortable space for extended family and relatives, or keep it as a income-generating rental. Currently configured with seven rented bedrooms bringing in approximately $1,100 per room per month (buyer to verify), this property delivers outstanding cash flow for savvy investors while also offering the flexibility to transition into a multi-generational family home. The oversized, private lot wraps around the property, providing generous outdoor space and enhanced privacy that is rare to find. Meticulously maintained and completely move-in ready, this turnkey gem sits close to top-rated schools, parks, shopping, public transit, and major highways. Whether you are an investor seeking strong returns or a family looking for room for everyone you love, this is a rare opportunity in one of Mississauga's most desirable neighbourhoods. Don't miss it!

Extras

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Open houses

  • Sat, Oct 31

    1:00 PM – 3:00 PM

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Got questions?

Contact Jonathan directly.

agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$8,116
Lot Size58.6 ft x 120.89 ft
mls© NumberW14132870
Listed ByROYAL CACHET REALTY LTD.

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%
$6,526
Property tax
$676
Heat allowance
$150
Housing costs
$7,352 / mo

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

Down payment20% · $255,000
25-yr amortization

Income needed

$226,000

gross annual household income

Payment at 4%
$5,365 / mo
Cash down
$255,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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