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Malton, Mississauga
$899,000
This spacious, well-maintained detached backsplit offers a separate basement apartment in the heart of central Malton. Conveniently located within walking distance to schools, the recreation centre, shopping, and public transit. Perfect for a large family or for someone looking to offset their mortgage with rental income. This bright, clean home features two kitchens, two laundry rooms, lots of parking, and a fully separate entrance to the basement. The basement unit can easily be rented for $1600. Updates include newer windows, and roof. All appliances and the gazebo are included.
No extras listed.
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| Type | Detached |
| Style | Backsplit 4 |
| Approx. Age | 51-99 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,004 |
| Lot Size | 55 ft x 86 ft |
| mls© Number | W13552104 |
| Listed By | INTERNATIONAL REALTY FIRM, 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%
- $4,601
- Property tax
- $417
- Heat allowance
- $150
- Housing costs
- $5,168 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$159,000
gross annual household income
- Payment at 4%
- $3,783 / mo
- Cash down
- $179,800
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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