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New6 days ago

1558 Highbrook Avenue

East Credit, Mississauga

$1,459,999

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

Welcome to this beautifully upgraded and exceptionally spacious home in the highly sought-after East Credit community! Offering 4 spacious bedrooms, 4 modern bathrooms, and a dedicated main-floor office, this home is perfect for growing families, professionals working from home, and those who appreciate generous living space. A standout feature is the legal 2-bedroom, 1-bathroom basement apartment providing an excellent opportunity for rental income of $2,100 or multigenerational living.Thoughtfully renovated throughout, the home boasts fully upgraded finishes, elegant iron picket railings, and beautifully renovated bathrooms that combine style and functionality. The bright, open-concept layout offers spacious principal rooms, making it ideal for both everyday living and entertaining.Located in the prestigious East Credit community, this home is within walking distance of highly regarded St. Joseph Catholic Secondary School, with Advanced Placement (AP) , Specialist High Skills Major (SHSM) programs in Business and Transportation. Families will also appreciate the proximity to excellent schools, parks, public transit, shopping, restaurants, Credit Valley Hospital, and major highways, offering exceptional convenience for everyday living.A rare opportunity to own a move-in-ready, income-generating home in one of Mississauga's most desirable neighbourhoods!

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$7,733
Lot Size40.03 ft x 111.15 ft
mls© NumberW13620416
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%
$7,473
Property tax
$644
Heat allowance
$150
Housing costs
$8,267 / mo

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

Down payment20% · $292,000
25-yr amortization

Income needed

$254,000

gross annual household income

Payment at 4%
$6,144 / mo
Cash down
$292,000

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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