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Applewood, Mississauga
$1,399,999
Welcome to this beautifully renovated bungalow situated on a premium corner lot in the highly sought-after Applewood community! Offering 7 spacious bedrooms and 3 updated washrooms, this exceptional home features a bright open-concept layout, elegant flooring, and a stunning chef-inspired 2 kitchens complete with countertops and appliances. A separate entrance leads to the fully finished basement, providing excellent flexibility for extended family or in law suit or investment opportunities. Opportunity with seven rented bedrooms generating rental income, making this an attractive opportunity for investors seeking strong cash flow. The oversized, private corner lot wraps around the home, offering generous outdoor space and enhanced privacy for residents. Meticulously maintained and move-in ready, this property is ideally located near top-rated schools, parks, shopping, public transit, and major highways. A rare opportunity to own a turnkey home with exceptional income potential in one of Mississauga's most desirable neighbourhoods!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $8,116 |
| Lot Size | 58.6 ft x 120.89 ft |
| mls© Number | W13594672 |
| Listed By | ROYAL CACHET REALTY LTD. |
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%
- $7,166
- Property tax
- $676
- Heat allowance
- $150
- Housing costs
- $7,992 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$246,000
gross annual household income
- Payment at 4%
- $5,891 / mo
- Cash down
- $280,000
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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