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Listed 8 days ago

1809 Melody Drive

Central Erin Mills, Mississauga

$1,399,999

Detached|2-Storey
5 | 3 | 4
About this home

First time ever offered for sale! Proudly owned and meticulously maintained by the original owners, this exceptional 5-bedroom family home is nestled on a rare, private ravine lot backing directly onto the scenic Credit River in one of Mississauga's most sought-after neighborhoods.The main level features two spacious living areas, a formal dining room with rich hardwood flooring, an abundance of natural light, and a large eat-in kitchen with granite countertops and a walkout to an expansive deck overlooking the tranquil backyard-perfect for entertaining, family BBQs, or simply enjoying the peaceful ravine setting.Upstairs, you'll find five generously sized bedrooms and two full bathrooms, providing ample space for growing or multi-generational families.Additional highlights include an interlock stone driveway, convenient mudroom entrance, central vacuum, roof replaced approximately 10 years ago, and furnace (2022)and air conditioner (2023) with parts warranty.Enjoy the ultimate lifestyle with a private ravine backyard just steps from walking trails and the Credit River, while being minutes to the charming shops and restaurants of Downtown Streetsville, Credit Valley Hospital, Erin Mills Town Centre, the University of Toronto Mississauga campus, top-rated schools, parks, and all major amenities. A truly rare opportunity to own a one-of-a-kind family home in an unbeatable location!

Extras

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. Age31-50
Size2500-3000 sq. ft.
Property Tax$9,191
Lot Size56.56 ft x 112.57 ft
mls© NumberW13611430
Listed ByRE/MAX GOLD REALTY 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%
$7,166
Property tax
$766
Heat allowance
$150
Housing costs
$8,082 / mo

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

Down payment20% · $280,000
25-yr amortization

Income needed

$249,000

gross annual household income

Payment at 4%
$5,891 / mo
Cash down
$280,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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