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New2 hours ago

2257 Springfield Court

Sheridan, Mississauga

$1,770,000

Detached|Backsplit 4
3 | 5 | 5
About this home

Nicely updated 4 bedroom detached 4 level backsplit home converted to 3 bedroom. Very well designed with lots of built in closets and storage space. Suitable for in-laws or a big family. Upper level 3 bedrooms with 2 full washrooms and laundry. Open concept main level with modern kitchen, stainless steel appliances, centre Island , skylight, dining room with entrance to patio and cozy living room with electric fireplace and built-in wall unit. Good for entertainment. Double entry closet and powder room. Ground level has a separate side entrance with double closet and 4pc washroom. Large kitchen with centre island. Huge family room with custom built wall, electric fireplace and two walkouts to big private backyard with covered patio and nicely landscaped big backyard. Lower level has 2 extra bedrooms with big overground windows, full washroom, big cantina, furnace and laundry room with entrance to huge crawl space storage. All new interlocking in front, side and backyard patio. You have to see it!!!

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBacksplit 4
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$7,539
Lot Size50 ft x 150 ft
mls© NumberW14124516
Listed ByROYAL LEPAGE REALTY CENTRE

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%
$9,060
Property tax
$628
Heat allowance
$150
Housing costs
$9,838 / mo

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

Down payment20% · $354,000
25-yr amortization

Income needed

$303,000

gross annual household income

Payment at 4%
$7,448 / mo
Cash down
$354,000

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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