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1 / 44
New1 hour ago

5157 Forest Hill Drive

Central Erin Mills, Mississauga

$2,299,900

Detached|2-Storey
5 | 5 | 6
About this home

EXCEPTIONAL 5-BEDROOM EXECUTIVE HOME IN PRESTIGIOUS CREDIT MILLS! Offering 4,291 sq. ft. abovegrade and over 6,000 sq. ft. of finished living space including the basement, this impressivedetached residence sits on a generous 65 x 141 ft. lot and features a rare 3-car garage plusdriveway parking for 3.Step into a grand central atrium with soaring 17.75-ft. ceilings and an elegant spiralstaircase-a memorable introduction to the home's spacious design. The main level offers aformal living room with wood-burning fireplace, separate dining room, and a sprawling kitchenwith abundant cabinetry, French doors and a sun-filled breakfast area overlooking the expansivebackyard. A large family room with a second wood-burning fireplace provides the perfectgathering space, while sliding doors lead to an oversized wood deck ideal for summerentertaining.A dedicated main-floor office and convenient laundry room with access to both garage andbackyard complete this level.Upstairs are 5 generously sized bedrooms, including an expansive primary retreat with a largewalk-in closet and 5-piece ensuite. A second bedroom enjoys its own 4-piece ensuite, while aseparate 5-piece bathroom serves the remaining bedrooms.The finished basement adds extensive flexible recreation space, a workshop and a professionallyrenovated bathroom.Enjoy the space, privacy and prestige of Credit Mills, close to Erin Mills Town Centre, CreditValley Hospital, parks, shops, restaurants and access to Highways 403 and 401. A remarkableopportunity for growing families seeking room to live, work and entertain!

Extras

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Got questions?

Contact Macallum directly.

agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. Age31-50
Size3500-5000 sq. ft.
Property Tax$14,861
Lot Size64.96 ft x 141.08 ft
mls© NumberW14172358
Listed ByRE/MAX REALTY SPECIALISTS INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$11,772
Property tax
$1,238
Heat allowance
$150
Housing costs
$13,160 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $459,980
25-yr amortization

Income needed

$405,000

gross annual household income

Payment at 4%
$9,678 / mo
Cash down
$459,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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