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Churchill Meadows, Mississauga
$975,000
Make this 3 year old, beautiful modern 2,153 sq. ft. 3-storey townhome your own! Thoughtfully designed and loaded with premium upgrades, featuring 9' ceilings on two floors, a versatile main-floor office and bedroom with a private ensuite, elegant oak staircase, and hardwood flooring throughout. The beautiful kitchen is complete with a quartz waterfall countertop, granite countertops n bathrooms and upgraded faucets throughout. Equipped with an electric fireplace in built in open shelving in the great room. Every detail has been carefully considered to deliver modern living at its finest. Perfectly situated with easy access to Hwy 403 and 407, top-rated schools, Churchill Meadows Community Centre, Mattamy Sports Park, restaurants, and an array of shopping and retail amenities.
No extras listed.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,990
- Property tax
- $607
- Heat allowance
- $150
- Housing costs
- $5,747 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$177,000
gross annual household income
- Payment at 4%
- $4,103 / mo
- Cash down
- $195,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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