3182 Shadetree Drive
Meadowvale, Mississauga
$1,199,777
!!Totally Renovated 4 bedroom detached house with just spent 80K+ on renovations!! Freshly Painted!! New Custom Kitchen with loads of storage ,Porcelain tiles flooring, New Counters,quartz countertops, backsplash!! Oak Stairs with Iron Pickets!! Renovated washrooms with porcelain tiles & new vanities !! Engineered Hardwood on Main and second level!! Loaded with 4k Pot Lights!! Finished Basement with 1 bedroom and Recreation room/Area! Family-friendly community, close to Meadowvale Town Centre, Lake Aquitaine Park for scenic trails and playgrounds, and Meadowvale Community Centre!! Minutes to 401, 407, and the Lisgar GO Station!! Close proximity to top-rated schools, Shopping,libraries, sports fields!! Some rooms and areas are Virtually Staged!!
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,141
- Property tax
- $549
- Heat allowance
- $150
- Housing costs
- $6,840 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$210,000
gross annual household income
- Payment at 4%
- $5,049 / mo
- Cash down
- $239,955
Assumes no other monthly debts · 25-yr amortization
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