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New2 hours ago

2503 Morrison Avenue

Erindale, Mississauga

$2,100,000

Detached|2-Storey
4 | 5 | 4
About this home

Welcome to 2503 Morrison Avenue, where spacious interiors, classic details and inviting gathering spaces come together in a home designed for everyday comfort and memorable entertaining. Hardwood floors, French doors and fireplaces lend warmth and character, while a versatile layout offers space to connect, unwind and enjoy a little privacy. At the heart of the main floor, the kitchen features stainless steel appliances, a generous dining area and convenient access to the yard. From relaxed morning breakfasts to evenings with guests, this space brings daily living and entertaining together. Separate living and family rooms offer distinct settings for conversation, quiet reading or spending time with loved ones. Upstairs, the primary suite provides a comfortable retreat with a private ensuite and walk-in closet. Additional bedrooms enjoy ensuite or shared ensuite access, offering convenience for family and guests. The expansive family room above the garage is a standout gathering space, ideal for movie nights, games or simply settling in for the evening. The finished walkout basement adds another level of versatility, with generous recreation and entertaining areas, a kitchen and a bathroom. Direct access to the fenced yard creates an easy connection to the outdoors, where there is space for summer dining, gardening and relaxation. With an attached garage and spacious living areas throughout, this home offers comfort and convenience for everyday living and entertaining.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. Age31-50
Size3500-5000 sq. ft.
Property Tax$11,738
Lot Size49.51 ft x 123.59 ft
mls© NumberW14178140
Listed ByPSR

Listing History

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

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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%
$10,749
Property tax
$978
Heat allowance
$150
Housing costs
$11,877 / mo

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

Down payment20% · $420,000
25-yr amortization

Income needed

$365,000

gross annual household income

Payment at 4%
$8,837 / mo
Cash down
$420,000

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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