1622 Wavell Crescent
Applewood, Mississauga
$949,000
Welcome To 1622 Wavell Crescent! A Well-Kept And Well-Maintained Home On A Quiet Street, Perfect For Families And Offering A Great Investment Opportunity. Featuring 4+1 Bedrooms, Generously Sized Rooms And An Abundance Of Natural Light. The Garage Features Front And Rear Doors, Providing Access To The Backyard For Potential Boat Or RV Storage. A Separate Entrance To The Basement Offers Flexibility For Multigenerational Living Or Potential Additional Rental Income, Subject To Applicable Approvals. Whether You're Looking For The Perfect Family Home Or An Investment With Future Potential, This Property Offers Plenty Of Possibilities!
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| Type | Semi-Detached |
| Style | Backsplit 4 |
| Approx. Age | 51-99 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $6,408 |
| Lot Size | 42 ft x 120 ft |
| mls© Number | W14133020 |
| Listed By | ROYAL LEPAGE CERTIFIED REALTY |
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%
- $4,857
- Property tax
- $534
- Heat allowance
- $150
- Housing costs
- $5,541 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$171,000
gross annual household income
- Payment at 4%
- $3,994 / mo
- Cash down
- $189,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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