3254 Edwyna Drive
Churchill Meadows, Mississauga
$1,199,000
Discover the charm of this inviting home nestled in the sought-after, family-friendly community of Churchill Meadows. Ideally situated near top-rated schools, beautiful parks, the Churchill Meadows Community Centre and Library, and Erin Mills Town Centre, this location offers the perfect balance of comfort and convenience. Enjoy easy access to MiWay transit, Lisgar GO Station, Highways 403, 407 and 401, as well as Credit Valley Hospital. Whether you're raising a family or looking for a well-connected community to call home, this is an exceptional opportunity to enjoy the best of Mississauga living. A wonderful place to call home!
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,137
- Property tax
- $644
- Heat allowance
- $150
- Housing costs
- $6,931 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$213,000
gross annual household income
- Payment at 4%
- $5,046 / mo
- Cash down
- $239,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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