1387 Underwood Drive
Rathwood, Mississauga
$997,000
Welcome to 1387 Underwood Drive, ideally located in a desirable Mississauga neighbourhood! This inviting 3-bedroom home offers comfortable living space, complemented by a finished basement providing valuable additional space for family living, entertaining or a home office. Perfect for families, first-time buyers or those looking for a wonderful place to call home. Conveniently situated close to schools, parks, shopping, restaurants, public transit and major highways. A fantastic opportunity to own in an established and convenient neighbourhood. Don't miss it!
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Listing History
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,103
- Property tax
- $506
- Heat allowance
- $150
- Housing costs
- $5,759 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$177,000
gross annual household income
- Payment at 4%
- $4,196 / mo
- Cash down
- $199,400
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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