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Listed 2 months ago

1235 Old River Road

Mineola, Mississauga

$1,699,000

Detached|Bungalow
3 | 2 | 4
About this home

Welcome to 1235 Old River Road, located in the highly sought-after Mineola West neighbourhood, renowned for its mature, tree-lined streets and exceptional schools, including Kenollie Public School and Mentor College. This charming bungalow is situated on a generous 88 x 140 ft lot, offering outstanding value and future potential in one of Mississauga's most prestigious communities. The well-maintained three-bedroom, two-bathroom residence features recently renovated bathrooms, hardwood flooring, and a bright living room filled with natural light. The thoughtfully designed layout includes a kitchen complete with a farmhouse sink, stainless steel appliances, and an adjoining breakfast area. The dining room offers a walkout to an interlocked patio - perfect for relaxing or entertaining. The expansive backyard is complete with a creek running through the property and a new, higher fence along the back, providing enhanced privacy. Whether held as a rental property with consistent income, or reimagined to create a custom residence, the opportunities are plentiful. Ideally located near lakefront trails, the Mississauga Golf & Country Club, and the vibrant restaurants, boutiques, cafes, and shops of Port Credit. Commuting is effortless with quick access to the QEW, Port Credit GO Station and upcoming Hurontario LRT. A rare opportunity to secure a premium lot and an exceptional lifestyle in one of Mineola West's most desirable enclaves.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$10,566
Lot Size88 ft x 139.29 ft
mls© NumberW13240588
Listed BySAM MCDADI REAL ESTATE 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%
$8,696
Property tax
$881
Heat allowance
$150
Housing costs
$9,727 / mo

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

Down payment20% · $339,800
25-yr amortization

Income needed

$299,000

gross annual household income

Payment at 4%
$7,150 / mo
Cash down
$339,800

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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