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Lisgar, Mississauga
$899,900
Welcome to a well-maintained 3+1 bedroom semi-detached home in the sought-after family-friendly Winston Churchill & Hwy 401 area. Over $60,000 invested in new basement and other renovations, which translates to a $5000 monthly Income Potential. The main home features a bright living and dining area with a walkout to the fenced backyard, an updated kitchen, private laundry, multiple access to garage, a spacious primary bedroom with ensuite, plus two additional bedrooms with another full bathroom. The entire home boasts 4 well sized bedrooms with 4 washrooms, 2 private laundry, 2 kitchens, 2 separate entrances, storage, and much more.The finished basement has a separate entrance and includes a one-bedroom apartment with its own kitchen, living room, full bathroom, private laundry, and storage. Ideal for extended family or rental income. The Basement kitchen is professionally completed and ready for the purchaser to install cabinetry of their choice. This high demand neighborhood is close to lots of Tech companies, Top ranking schools, The biggest Business centre, Toronto premium outlets, lots of five-star hotels, high demand for AirBnB, 8 mins walk to Lisgar GO train station, easy access to Highways 407 & 401, and much more.Bring your vision! With a strong offer, the motivated Seller is willing to customize the basement kitchen to suit the Buyer's taste. *Certain images have been virtually staged for illustrative purposes only. Freshly painted with smooth ceiling throughout the house. Garage with 2 car parking in the driveway. This home offers an estimated rental potential of up to $5,000/month (The Main Floor recently rented for $3250, and Basement projected for $1750). Conveniently located close to shopping, schools, parks, restaurants, library, community centre, GO Transit, and Hwy 401.
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| Type | Semi-Detached |
| Style | 2-Storey |
| Approx. Age | 16-30 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,045 |
| Lot Size | 22.31 ft x 104.82 ft |
| mls© Number | W13585380 |
| Listed By | ROYAL LEPAGE SIGNATURE REALTY |
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%
- $4,606
- Property tax
- $420
- Heat allowance
- $150
- Housing costs
- $5,177 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$159,000
gross annual household income
- Payment at 4%
- $3,787 / mo
- Cash down
- $179,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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