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Price Change$1,079,000

1612 Wavell Crescent

Applewood, Mississauga

$1,049,000

Semi-Detached |Backsplit 4
4 | 4 | 4
About this home

A Rare Applewood Gem - Elegant Semi-Detached Home with Resort-Style Backyard & Private In-Law Suite. This exceptional semi-detached home offers more space, flexibility, and functionality than many detached bungalows in the neighbourhood. The property is already smartly divided, separated by a 48" sound-proofed door, giving you the option to enjoy it as a single expansive 4+1 bedroom home or convert it into two fully independent units-each with at least 2 bedrooms and 2 full washrooms. Perfect for multi-generational living, rental income, or long-term flexibility.Discover refined living in this beautifully upgraded 4+1 bedroom, 4 bath, 4-level backsplit located on one of Applewood's most peaceful, tree-lined streets. Offering the scale and comfort of a detached home, this residence showcases over 2,100 sq. ft. of bright, thoughtfully designed space enhanced by $80K+ in recent improvements.The open-concept living and dining area is filled with natural light, while the gourmet kitchen features stainless steel appliances, a ceramic backsplash, and a breakfast island overlooking the expansive family room. A convenient ground-level bedroom with adjacent full bath is ideal for grandparents or multi-generational living.The fully finished lower level includes a complete private in-law suite with its own kitchen, offering exceptional privacy for extended family or strong income potential.Step outside to a resort-style backyard oasis featuring a large entertaining deck, mature white birch tree, interlock pathways, and a pristine marbelite inground kidney-shaped pool-a standout luxury feature rarely found in semi-detached homes.With its rare ability to function as one large family home or two separate living spaces, this property delivers unmatched versatility, privacy, and value. Located minutes from top-rated schools, parks, shopping, and transit.Included: 2 fridges, 2 stoves, OTR microwave, 2 built-in dishwashers, washer/dryer, blinds, outdoor shed.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeSemi-Detached
StyleBacksplit 4
Approx. Age51-99
Size1500-2000 sq. ft.
Property Tax$6,068
Lot Size33 ft x 120 ft
mls© NumberW13288604
Listed ByHOMELIFE/MIRACLE REALTY LTD

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,369
Property tax
$506
Heat allowance
$150
Housing costs
$6,025 / mo

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

Down payment20% · $209,800
25-yr amortization

Income needed

$185,000

gross annual household income

Payment at 4%
$4,414 / mo
Cash down
$209,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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