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New2 hours ago

5481 Festival Drive

Churchill Meadows, Mississauga

$988,888

Semi-Detached |2-Storey
3 | 4 | 2
About this home

Discover the warmth and charm of this beautiful & bright semi-detached home in vibrant Churchill Meadows, one of Mississauga's most desirable family neighbourhoods. This 3+1 bedroom & 4 washroom features vibrant sunsets pouring into the formal/ dining and family room, The gourmet kitchen showcases porcelain floors, a stylish island, stainless steel appliances, and abundant storage. A spacious living room overlooks the backyard and includes a cozy fireplace, creating the ideal gathering space for family and friends. Upstairs, you'll find three generous bedrooms, including a large primary retreat with a dreamy 4-piece ensuite and a walk-in closet. The fully finished basement extends the living space with a dedicated office, a family room, and an additional bedroom complete with its own kitchen and 3-piece bathroom - perfect for an in-law suite or extended family. The perfect space to relax, entertain, and enjoy warm summer nights. Located steps to top-rated schools, and just minutes to Erin Mills Town Centre, Credit Valley Hospital, and Hwy 403/407, this home offers exceptional comfort, convenience, and lifestyle.

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agent
Macallum Tepsich
(647) 326-2579
TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$6,419
Lot Size22.31 ft x 104.99 ft
mls© NumberW14118878
Listed ByROYAL LEPAGE CERTIFIED REALTY

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%
$5,062
Property tax
$535
Heat allowance
$150
Housing costs
$5,746 / mo

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

Down payment20% · $197,778
25-yr amortization

Income needed

$177,000

gross annual household income

Payment at 4%
$4,161 / mo
Cash down
$197,778

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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