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New2 hours ago

1387 Underwood Drive

Rathwood, Mississauga

$997,000

Detached|2-Storey
3 | 3 | 5
About this home

Welcome to 1387 Underwood Drive, ideally located in a desirable Mississauga neighbourhood! This inviting 3-bedroom home offers comfortable living space, complemented by a finished basement providing valuable additional space for family living, entertaining or a home office. Perfect for families, first-time buyers or those looking for a wonderful place to call home. Conveniently situated close to schools, parks, shopping, restaurants, public transit and major highways. A fantastic opportunity to own in an established and convenient neighbourhood. Don't miss it!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. Age31-50
Size1100-1500 sq. ft.
Property Tax$6,070
Lot Size29.3 ft x 150.27 ft
mls© NumberW14168116
Listed ByROYAL LEPAGE TERREQUITY SW 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%
$5,103
Property tax
$506
Heat allowance
$150
Housing costs
$5,759 / mo

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

Down payment20% · $199,400
25-yr amortization

Income needed

$177,000

gross annual household income

Payment at 4%
$4,196 / mo
Cash down
$199,400

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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