







7530 Redstone Road
Malton, Mississauga
$974,900
Exceptional investor/builder opportunity - Detached 4-bedroom home with two kitchens on a premium, oversized lot withpermits in place. Build a custom residence exceeding 4,200 sq. ft. above grade, plus rare basement potential, on a lot in the areathat offers this possibility. Nestled in a prestigious enclave of multi-million dollar homes, the property backs onto Airport Roadwith no rear neighbours, providing privacy and open views. Included with the sale are approved site plans, Committee ofAdjustment building permits and a current survey so that you can begin construction immediately. Currently leased for$3,800/month and sold as-is. Lots of this calibre seize this chance to create a million-dollar dream home in a highly sought-aftercommunity.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,797 |
| Lot Size | 47.5 ft x 194.33 ft |
| mls© Number | W13447012 |
| Listed By | RE/MAX GOLD REALTY INC. |
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%
- $4,990
- Property tax
- $400
- Heat allowance
- $150
- Housing costs
- $5,540 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$170,000
gross annual household income
- Payment at 4%
- $4,103 / mo
- Cash down
- $194,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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