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Listed 26 days ago

751 White Clover Way

East Credit, Mississauga

$1,950,000

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

Calling all investors and value-add buyers! Rare CORNER detached home in sought-after East Credit offering exceptional income potential with a LEGAL 4-bedroom basement apartment and the possibility of a second dwelling (subject to buyer verification and municipal approvals). Approximately 3,130 sq. ft. above grade plus a finished legal basement, featuring 9' ceilings, hardwood floors, a main floor den, spacious kitchen, large family room, and 5 bedrooms with 3 full bathrooms upstairs. The legal basement includes 4 bedrooms, 1.5 bathrooms, a family-sized kitchen, large windows, and strong rental income potential. Situated on a generous lot just minutes to Highways 401 & 403, Square One, Heartland Town Centre, GO Transit, Costco, Walmart, top-rated schools, parks, and all major amenities. An outstanding investment opportunity with immediate cash flow and long-term development potential.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3000-3500 sq. ft.
Property Tax$11,331
Lot Size28.55 ft x 105.8 ft
mls© NumberW13549710
Listed ByCENTURY 21 PEOPLE`S CHOICE REALTY INC.

Listing History

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

Schools

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What the bank counts

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

Mortgage, tested at 6%
$9,981
Property tax
$944
Heat allowance
$150
Housing costs
$11,075 / mo

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

Down payment20% · $390,000
25-yr amortization

Income needed

$341,000

gross annual household income

Payment at 4%
$8,206 / mo
Cash down
$390,000

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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