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New2 hours ago

3974 Midhurst Lane

Rathwood, Mississauga

$1,165,000

Semi-Detached |Backsplit 5
3 | 3 | 3
About this home

Rarely offered in the desirable Rathwood community, this spacious, well-maintained 5-level backsplit provides flexibility for families, multi-generational living, or buyers seeking potential rental income. Situated on a quiet street near schools, public transit, and the Etobicoke border, this 3-bedroom, 3-bathroom home has plenty of space and an opportunity to make it your own. The main level features a bright, inviting living and dining area with hardwood floors, crown moulding, and a walkout to a balcony. The spacious eat-in kitchen offers stainless steel appliances, ample cabinetry, ceramic tilef looring, and a tumbled marble backsplash. Upstairs, there are 3 bedrooms with California shutters and a 4-piece bathroom. Spacious ground-level family room with California shutters, a wood-burning stove, and patio doors opening to a large yard backing onto Burnhamthorpe Trail, as well as a 3-piece bathroom and a den which could serve as a fourth bedroom. The lower level with an eat-in kitchen, recreation room, utility room, and direct access to the driveway, offers possibilities for a separate living area or potential rental suite. Private, fully fenced backyard with patio and shed.Single-car garage and double driveway. With its versatile layout, generous living space,and convenient location, this property presents an excellent opportunity to enjoy,personalize, or invest in an established Mississauga neighbourhood.

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agent
Macallum Tepsich
(647) 326-2579
TypeSemi-Detached
StyleBacksplit 5
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$6,172
Lot Size30 ft x 150 ft
mls© NumberW14080776
Listed ByROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

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%
$5,963
Property tax
$514
Heat allowance
$150
Housing costs
$6,627 / mo

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

Down payment20% · $233,000
25-yr amortization

Income needed

$204,000

gross annual household income

Payment at 4%
$4,903 / mo
Cash down
$233,000

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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