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Mineola, Mississauga
$1,999,999
Nestled in a peaceful, park-like setting, this spacious 5-bedroom home sits on an exceptional oversized lot measuring 57.38 x 382.78 feet, presenting a rare opportunity to create your dream home in a sought-after Mississauga location. Surrounded by greenery, the property offers an incredible combination of space, privacy, natural light, and endless potential. The main level features newer flooring in the foyer, living room, and dining room, while two skylights and expansive windows fill the interior with natural light and showcase tranquil green space views from the family room and kitchen. The spacious kitchen features refinished cabinetry and updated sliding doors leading to a large deck, perfect for outdoor entertaining and relaxation. A versatile second-floor sitting area offers additional space for a home office, children's playroom, or quiet retreat. Ideally located just minutes from the charming shops and restaurants of Port Credit, public transit, the QEW, and the marina, this property offers a peaceful setting with convenient access to everyday amenities. Whether you envision transforming this home into your forever residence, taking advantage of the expansive lot to create something truly special, or adding to your investment portfolio, the possibilities are endless. Excellent tenants currently reside in the home and are willing to stay, offering an attractive opportunity for investors seeking an established tenancy.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $10,237
- Property tax
- $1,188
- Heat allowance
- $150
- Housing costs
- $11,575 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$356,000
gross annual household income
- Payment at 4%
- $8,416 / mo
- Cash down
- $400,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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