2544 Sharon Crescent
Erindale, Mississauga
$2,175,000
An exceptional executive bungalow, custom crafted for refined living and effortless entertaining. Set on an expansive premium 100 x 167 ft. lot, this distinguished home features a custom kitchen, spacious main-floor living, and an expansive terrace opening seamlessly to a spectacular private backyard oasis. An oversized extended garage offers exceptional versatility, while the fully finished basement provides additional living space for guests, recreation, work, or extended family. Thoughtfully designed with custom craftsmanship and seamless indoor-outdoor living, this is a home offering space, comfort, and an elevated lifestyle, in a highly sought-after neighbourhood of Erindale.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $11,133
- Property tax
- $1,061
- Heat allowance
- $150
- Housing costs
- $12,343 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$380,000
gross annual household income
- Payment at 4%
- $9,153 / mo
- Cash down
- $435,000
Assumes no other monthly debts · 25-yr amortization
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