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Listed 2 months ago

7254 Dime Crescent

Meadowvale Village, Mississauga

$1,219,900

Detached|2-Storey
4 | 4 | 6
About this home

Welcome to 7254 Dime Crescent, a beautifully maintained 4-bedroom detached home located in the highly sought-after Meadowvale Village community of Mississauga. This thoughtfully designed property offers a functional family-friendly layout with 2 full bathrooms on the second level plus a convenient main floor powder room. The upper level features four generously sized bedrooms, ideal for growing families or professionals seeking space and comfort. The FULLY FURNISHED finished basement apartment with separate entrance offers a 1-bedroom layout, full bathroom, and in-unit laundry - providing exceptional income potential or multi-generational living flexibility. The home boasts a double car garage with a private driveway accommodating up to 4 vehicles total. Currently tenanted on the upper level with reliable tenants paying $3,767/month, while the basement unit is vacant, clean, and move-in ready - offering a rare opportunity for investors to inherit immediate income or for end-users to live up and rent down. Intersection- Derry and Mavis. Just minutes away from Heartland Shopping centre, Hwy 401 and407, restaurants, grocery stores and bus stops. Located in highly sought St. Marcellinus High School, David Leeder Middle School and Levi Creek Elementary school area. Conveniently located minutes from highly rated schools, parks, Meadowvale Conservation Area, shopping, and major highways (401 and 407) for effortless connectivity throughout the GTA.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. Age16-30
Size2000-2500 sq. ft.
Property Tax$7,258
Lot Size31.99 ft x 101.71 ft
mls© NumberW13434596
Listed ByROYAL LEPAGE PINNACLE REAL ESTATE

Listing History

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

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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$6,244
Property tax
$605
Heat allowance
$150
Housing costs
$6,999 / mo

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

Down payment20% · $243,980
25-yr amortization

Income needed

$215,000

gross annual household income

Payment at 4%
$5,134 / mo
Cash down
$243,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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