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Malton, Mississauga
$889,000
Fantastic opportunity to own a versatile home in the heart of Malton! Ideal for first-time buyers, investors, or extended families, this well-maintained 4-level backsplit offers a fully finished legal basement apartment with a separate entrance, providing excellent rental income potential. Features include an enclosed front porch, carport, garage, updated windows, and separate laundry for the upper and lower levels for added convenience. Ideally located close to Highways 427, 401, and 407, public transit, schools, parks, the Community Centre, Library, Westwood Mall, and Pearson Airport-offering exceptional convenience for commuters and families alike.
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| Type | Semi-Detached |
| Style | Backsplit 4 |
| Approx. Age | 51-99 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,168 |
| Lot Size | 27 ft x 120 ft |
| mls© Number | W13541590 |
| Listed By | HOMELIFE/VISION REALTY 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%
- $4,550
- Property tax
- $431
- Heat allowance
- $150
- Housing costs
- $5,131 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$158,000
gross annual household income
- Payment at 4%
- $3,741 / mo
- Cash down
- $177,800
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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