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Listed 8 days ago

52 Briarwood Avenue

Port Credit, Mississauga

$1,099,900

Detached|1 1/2 Storey
4 | 2 | 2
About this home

Exceptional opportunity to renovate or rebuild in the heart of Port Credit! Welcome to this well maintained detached home offering 1,764 sqft of finished living space plus an 1,131 sqft unfinished basement with separate entrance. Featuring 4 bedrooms, 2 full bathrooms, and a functional layout, this property offers outstanding flexibility for families, investors, builders, and developers alike. Renovate and make it your own, build an addition, or take advantage of the premium 50 x 125 ft lot to build your dream home. 52 Briarwood Ave is zoned RS-284 which allows for a max lot coverage of 40% - could build approximately 5,000 sqft (buyer to confirm). The lot may also offer the potential to sever and build two custom homes. Located in one of South Mississauga's most desirable neighbourhoods - enjoy an unbeatable walkable lifestyle exploring the vibrant shops, cafés, restaurants, waterfront, marina, parks, and trails that make Port Credit so sought after. Grab a coffee from Back Road Coffee Roasters, Tribeca or Social Coffee Bean. Enjoy dinner on the great patios like Colossus Greek and Snug Harbour, or brunch at Huevos Gourmet. Walking distance to great schools and Mentor College. Offering exceptional convenience with easy access to downtown Toronto via GO Train (just a 14 minute walk to Port Credit GO station) and major highways, this is a rare opportunity to secure a premium property in one of the GTA's most desirable lakefront communities. Offers anytime!

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$7,423
Lot Size50 ft x 125 ft
mls© NumberW13614140
Listed ByRE/MAX REALTY ENTERPRISES 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%
$5,630
Property tax
$619
Heat allowance
$150
Housing costs
$6,398 / mo

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

Down payment20% · $219,980
25-yr amortization

Income needed

$197,000

gross annual household income

Payment at 4%
$4,629 / mo
Cash down
$219,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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