1467 Skyline Drive
Lakeview, Mississauga
$1,349,000
This Gorgeous Detached home is located in the highly sought-after Orchard Heights, neighbourhood known for its family oriented community, mature trees & close proximity to amazing amenities incl:the Toronto Golf Club, Lakeview Golf Course, Ron Searle Park, Outdoor Tennis Courts close toMarie Curtis park and highways. The house features an open-concept living space with wood floors on main floors and basement . The upgraded kitchen boasts modern appliances, granite countertops, with extra pantry cabinets, and a backsplash. Three good sie bedroom and fully finished basement
No extras listed.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,905
- Property tax
- $661
- Heat allowance
- $150
- Housing costs
- $7,716 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$237,000
gross annual household income
- Payment at 4%
- $5,677 / mo
- Cash down
- $269,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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