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Listed 1 month ago

3009 O'Hagan Drive

Erindale, Mississauga

$1,199,000

Detached|Bungalow-Raised
3 | 4 | 9
About this home

Spacious raised bungalow located in a quiet, sought-after neighbourhood in the desirable Credit Woodlands area! Featuring 3+3 bedrooms and 3.5 bathrooms. Kitchen featuring granite countertops and backsplash. Hardwood flooring throughout the main level and laminate flooring in the lower level. Finished basement with separate entrance and kitchen setup. Situated on a generous 50.05 x 129.06 ft lot. Single-Car Garage with a Large Driveway Accommodating Up to 8 Additional Vehicles. Close to UTM, transit, shops, and major amenities. Walking distance to the river, trails, and parks. Enjoy country-style living in the city! Total Finished Living Area: Approx. 2,526 Sq Ft, including Approx. 1,263 Sq Ft on the lower level. Measurements are approximate and subject to buyer verification. Seller makes no representation or warranty regarding the basement appliances, retrofit status, or compliance of the basement kitchen setup. Property features two wood-burning fireplaces. Fireplaces and chimneys are included in "As Is" condition. Seller has never used the fireplaces during their ownership.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$6,420
Lot Size50.05 ft x 129.06 ft
mls© NumberW13488102
Listed ByROYAL LEPAGE REAL ESTATE SERVICES LTD.

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%
$6,137
Property tax
$535
Heat allowance
$150
Housing costs
$6,822 / mo

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

Down payment20% · $239,800
25-yr amortization

Income needed

$210,000

gross annual household income

Payment at 4%
$5,046 / mo
Cash down
$239,800

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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