3379 fellmore Drive W
Erindale, Mississauga
$799,999
Great Opportunity To Own A Semi Detached Bungalow With A Big Lot 30 X 127 Feet In The Prime Area Of Erindale. Main Floor Boasts An Open Concept Living/ Dining Rooms, 3 Bedrooms & 2 Full Washroom. It Includes A Separate 3 Bedrooms and 2 full bathrooms Basement Apartment With A Very Bright Family Room With Big Windows. the rental income 5000/month now . 5 parkings spaces, watertankless owned , basement fully renovated 2023
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| Type | Semi-Detached |
| Style | Bungalow-Raised |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $6,005 |
| Lot Size | 30.04 ft x 127.19 ft |
| mls© Number | W14093452 |
| Listed By | REAL XPERTS REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,095
- Property tax
- $500
- Heat allowance
- $150
- Housing costs
- $4,745 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$146,000
gross annual household income
- Payment at 4%
- $3,367 / mo
- Cash down
- $160,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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