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New1 hour ago

841 Whitney Drive

Lakeview, Mississauga

$1,199,000

Detached|2-Storey
5 | 2 | 5
About this home

A Rare Lakeview Opportunity on a Quiet, Tree-Lined Street!Welcome to a truly special opportunity in sought-after Lakeview, Mississauga. Offered for the first time through the family estate, this spacious 5-bedroom detached home is situated on a generous 61 x 132 ft lot on a quiet, peaceful street surrounded by beautiful homes and mature trees.With its impressive size, excellent lot, and wonderful location, this home offers the perfect opportunity for buyers looking to create something truly their own. The spacious layout provides 5 bedrooms and generous principal rooms, with a large living area, dining space, kitchen, and a rear room featuring a walk-out to the garden - ideal for enjoying the outdoors and entertaining family and friends.The property also offers 5-car parking, including a 1-car garage plus 4 additional driveway spaces, making it an exceptional feature for a large or growing family.The home is in original condition and ready for renovation, giving you the opportunity to bring your own ideas, style and finishes to this substantial property. Whether you envision transforming the existing home into a beautiful modern family residence or simply updating it over time, the possibilities are exciting.And then there's the setting - a quiet, established neighbourhood with mature trees, attractive homes and a welcoming community atmosphere, while being conveniently close to parks, schools, shopping, transit, Lake Ontario and the beautiful Lakeview waterfront.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$7,028
Lot Size61.09 ft x 132.86 ft
mls© NumberW14118752
Listed ByKINGSWAY REAL ESTATE

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$6,137
Property tax
$586
Heat allowance
$150
Housing costs
$6,873 / mo

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

Down payment20% · $239,800
25-yr amortization

Income needed

$211,000

gross annual household income

Payment at 4%
$5,046 / mo
Cash down
$239,800

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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