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Listed 16 days ago

396 Pinemeadow Avenue

Cooksville, Mississauga

$839,900

Semi-Detached |Backsplit 5
3 | 2 | 3
About this home

A RARE OPPORTUNITY... Located in a most desired community Huge 5-level Backsplit equipped with 3 separate entrances Super in-law potential OR live in with extended family OR make this your dream single family home ... so many options YOUR CHOICE Roughed in pipes and electrical for 2nd Kitchen on lower level Closing date subject to probate which will be completed with firm offer Welcome to this incredible opportunity in one of Mississauga's most sought-after neighbourhoods! Whether you're a first-time home buyer looking to enter the market or an investor seeking future upside, this 4+1 bedroom property offers massive potential. Featuring a flexible layout ideal for multi-generational living or rental income, buyers can comfortably live on one level while renting out the remaining space to help offset mortgage costs. It's the perfect opportunity to build equity while generating income from day one. Situated on a large, expansive lot, the property boasts a spacious backyard with endless possibilities for entertaining, gardening, or simply enjoying outdoor living. Ample parking for up to three vehicles adds everyday convenience for homeowners and tenants alike. Located close to top-rated schools, parks, shopping, transit, and major highways, this home combines exceptional value, location, and potential. Don't miss your chance to own in a highly desirable Mississauga community and create the home or investment you've been looking for.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeSemi-Detached
StyleBacksplit 5
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$6,158
Lot Size30.02 ft x 125.08 ft
mls© NumberW13585526
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%
$4,299
Property tax
$513
Heat allowance
$150
Housing costs
$4,962 / mo

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

Down payment20% · $167,980
25-yr amortization

Income needed

$153,000

gross annual household income

Payment at 4%
$3,534 / mo
Cash down
$167,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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