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Listed 18 days ago

396 Derrydale Drive

Meadowvale Village, Mississauga

$1,678,800

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

This exceptional 5-bedroom, 5-washroom executive home offers approximately 4,300 sq ft of refined living space in the prestigious community of Meadowvale Village with a LEGAL 2 bedroom basement apartment. Fully renovated in 2023, including a new roof in 2020, furnace & tankless water tank in 2021 - the property showcases marble accents, a custom chefs kitchen with panel-ready Jenn-Air appliances, stone counters, gas stove and meticulously updated bathrooms throughout. The main level features expansive principal rooms, elegant finishes, and a layout ideal for both family living and entertaining. The upper level includes generously sized bedrooms, each designed with comfort and style in mind. All bathrooms are spa-inspired with a modern style. A standout feature is the LEGAL 2-bedroom basement apartment, perfect for multi-generational living or rental income. The backyard is an entertainer's dream with a large deck and stone patio, offering a private outdoor retreat.

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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$9,553
Lot Size12.2 metres x 33.5 metres
mls© NumberW13579786
Listed ByCENTURY 21 RED STAR 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%
$8,593
Property tax
$796
Heat allowance
$150
Housing costs
$9,539 / mo

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

Down payment20% · $335,760
25-yr amortization

Income needed

$294,000

gross annual household income

Payment at 4%
$7,065 / mo
Cash down
$335,760

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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