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Listed 1 month ago

3158 Valmarie Avenue

Erindale, Mississauga

$1,475,000

Detached|Backsplit 4
2 | 4 | 4
About this home

Welcome to this beautifully updated detached 4-level backsplit in the highly sought-after Erindale Welcome to this beautifully updated detached 4-level backsplit in the highly sought-after Erindale community of Mississauga. Showcasing exceptional craftsmanship and pride of ownership throughout, this move-in-ready home features impressive vaulted ceilings that create a bright and airy atmosphere, along with a stunning custom kitchen designed with quality finishes and a functional layout perfect for everyday living and entertaining. Elegant tile work adds a touch of sophistication, while major upgrades include a high-efficiency furnace, tankless water heater, spray foam insulation, updated electrical, and new plumbing for added comfort and peace of mind. The modern stucco exterior and stamped concrete driveway and walkways provide outstanding curb appeal. Ideally located close to top-rated schools, parks, trails, shopping, public transit, and major highways including the QEW, Hwy 403, and Hwy 401, offering convenient access throughout the GTA. A fantastic opportunity to own a beautifully renovated home in one of Mississauga's most desirable neighbourhoods.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBacksplit 4
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$8,054
Lot Size50 ft x 121.45 ft
mls© NumberW13479698
Listed ByRE/MAX REAL ESTATE CENTRE 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%
$7,550
Property tax
$671
Heat allowance
$150
Housing costs
$8,371 / mo

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

Down payment20% · $295,000
25-yr amortization

Income needed

$258,000

gross annual household income

Payment at 4%
$6,207 / mo
Cash down
$295,000

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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