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Listed 1 month ago

1050 Edgeleigh Avenue

Lakeview, Mississauga

$2,150,000

Detached|2-Storey
4 | 6 | 8
About this home

Welcome to your dream home with approximately 4,300 sq. ft. of total living space! This newly constructed beauty features gorgeous finishes throughout. The open-concept main floor is drenched in natural light and showcases a chef's kitchen complete with a large island that overlooks the family room. Cozy up by the fireplace on the stunning feature wall while entertaining friends and family. Upstairs, you'll find a huge primary bedroom with a large walk-in closet and a spa-like bathroom. Plus, there are three additional bedrooms, each with private access to a full bathroom - a total of three full baths upstairs! The basement, with its own separate walk-up entry, is a fantastic space with two washrooms, one bedroom, a kitchen, and a spacious rec area - perfect for generating rental income or as an in-law suite! No sidewalk - great for more parking and privacy. Located in the desirable Lakeview area of Mississauga, this home offers quick access to highways, Mentor College private school, easy access to Toronto, Port Credit and all the great amenities - including the waterfront, parks, and golf!

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Got questions?

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. Age0-5
Size2500-3000 sq. ft.
Property Tax$14,546
Lot Size40 ft x 115 ft
mls© NumberW13473862
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%
$11,005
Property tax
$1,212
Heat allowance
$150
Housing costs
$12,367 / mo

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

Down payment20% · $430,000
25-yr amortization

Income needed

$381,000

gross annual household income

Payment at 4%
$9,048 / mo
Cash down
$430,000

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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