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New2 hours ago

6964 Justine Drive

Malton, Mississauga

$720,000

Detached|1 1/2 Storey
2 | 3 | 5
About this home

Beautiful Detached Home Situated on a Premium Ravine Lot in the Heart of Malton, Mississauga! An Excellent Opportunity for Investors, Builders or Families Looking for a Great Place to Call Home! This Property Features a Premium 50-Foot-Wide Lot With Incredible Potential to Build Your Dream Home, Subject to Municipal Approvals. Well-Maintained and in Move-In Condition, Featuring a Spacious Living Room With Hardwood Floors, Formal Dining Room, 2 Generously Sized Bedrooms on the Upper Level and 3 Additional Bedrooms in the Basement. Enjoy a Large Driveway, Spacious Double-Car Garage and a Deep Ravine Lot Offering Privacy and Endless Possibilities. Fantastic Location! Just Steps to Schools, Public Transit, Bus Terminal, and Shopping Mall, With the GO Station Only Minutes Away. A Rare Opportunity to Own a Premium Lot in One of Malton's Most Convenient Locations. Don't Miss Out!

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,725
Lot Size50 ft x 124.33 ft
mls© NumberW14034150
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%
$3,685
Property tax
$394
Heat allowance
$150
Housing costs
$4,229 / mo

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

Down payment20% · $144,000
25-yr amortization

Income needed

$130,000

gross annual household income

Payment at 4%
$3,030 / mo
Cash down
$144,000

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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