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Listed 4 months ago

2431 Thorn Lodge Drive

Sheridan, Mississauga

$1,779,900

Detached|Bungalow
3 | 2 | 6
About this home

Excellent development opportunity for builders, renovators, or end-users looking to design and build a custom dream home or significantly expand the existing bungalow. Situated on an oversized premium lot measuring 105 x 248 feet, this property offers exceptional space, flexibility, and potential for redevelopment in a desirable setting. Ideally located in a well-established neighbourhood with convenient access to top-rated schools including Sheridan Park Public School and St. Francis, as well as nearby parks, Clarkson GO Station, shopping, and everyday amenities. A rare chance to secure a large lot in a prime location with endless possibilities.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$9,284
Lot Size104.7 ft x 238 ft
mls© NumberW13021574
Listed ByRE/MAX REAL ESTATE CENTRE 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%
$9,110
Property tax
$774
Heat allowance
$150
Housing costs
$10,034 / mo

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

Down payment20% · $355,980
25-yr amortization

Income needed

$309,000

gross annual household income

Payment at 4%
$7,490 / mo
Cash down
$355,980

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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