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New3 hours ago

5263 Russell View Road

Central Erin Mills, Mississauga

$1,099,000

Detached|2-Storey
4 | 4 | 6
About this home

Prime Central Erin Mills Location! Welcome to this well maintained, original owner home nestled in a highly sought-after family neighbourhood within the renowned John Fraser and Gonzaga school district. Lovingly cared for over the years, this home offers a wonderful opportunity to move in and enjoy as is, or renovate and personalize to suit your own style and vision.The main floor offers a functional and inviting layout, beginning with a combined living and dining area ideal for both everyday living and entertaining. The spacious kitchen provides plenty of cabinetry and storage and overlooks the bright breakfast area. The generous family room is a comfortable gathering space, featuring vaulted ceilings, a fireplace and views of the backyard, creating a warm and open feel. Upstairs, the spacious primary bedroom features a 4 piece ensuite and walk-in closet, while three additional bedrooms are thoughtfully appointed with large windows and generous closet space. The layout provides plenty of room for a growing family, guests, or a dedicated home office.The professionally finished basement, with a separate entrance, adds valuable living space and features laminate flooring and a large recreation room perfect for entertaining, relaxing or family movie nights. A built-in Murphy bed provides added versatility for overnight guests, while the additional storage throughout the basement, including a convenient cold room, provides plenty of space to keep everything organized and out of sight. Enjoy the exceptional convenience of Central Erin Mills, with parks, schools, grocery stores, public transit and everyday amenities all close by. A wonderful opportunity to own a well-kept home in an established, family-friendly neighbourhood with excellent potential to make it your own.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. Age16-30
Size2000-2500 sq. ft.
Property Tax$7,866
Lot Size43.18 ft x 114.89 ft
mls© NumberW13861186
Listed BySAM MCDADI REAL ESTATE INC.

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,625
Property tax
$655
Heat allowance
$150
Housing costs
$6,431 / mo

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

Down payment20% · $219,800
25-yr amortization

Income needed

$198,000

gross annual household income

Payment at 4%
$4,625 / mo
Cash down
$219,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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