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Meadowvale, Mississauga
$985,000
Welcome to 3191 Shadetree Drive, an impressive detached residence in Mississauga's sought-after Meadowvale community. Offering approximately 2,234 sq. ft. of well-appointed living space, this 4-bedroom, 3-bathroom home features generously proportioned living, dining, and family rooms, spacious bedrooms, and an inviting fireplace, providing an ideal setting for both everyday living and entertaining. A beautifully finished stamped concrete driveway enhances the home's curb appeal, complemented by a double-car garage. The partially finished basement offers additional living space, along with ample unfinished area ready for your personal touch. Notable updates include the furnace, central air conditioning, and roof, offering added comfort and peace of mind. Situated in one of Mississauga's most established neighbourhoods, Meadowvale is known for its mature surroundings, picturesque parks, scenic trails, and beautiful lakes. Enjoy close proximity to Lake Aquitaine Park, Meadowvale Community Centre, and Meadowvale Town Centre, with shopping, dining, and everyday amenities nearby. Conveniently located near schools, Meadowvale GO Station, public transit, and Highways 401 and 407, this desirable address offers an exceptional balance of neighbourhood charm and urban convenience. A wonderful opportunity to call Meadowvale home.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,042
- Property tax
- $601
- Heat allowance
- $150
- Housing costs
- $5,793 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$178,000
gross annual household income
- Payment at 4%
- $4,145 / mo
- Cash down
- $197,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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