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Listed 13 days ago

1074 Flagship Drive

Applewood, Mississauga

$1,399,999

Detached|Bungalow
7 | 3 | 4
About this home

Welcome to this beautifully renovated bungalow situated on a premium corner lot in the highly sought-after Applewood community! Offering 7 spacious bedrooms and 3 updated washrooms, this exceptional home features a bright open-concept layout, elegant flooring, and a stunning chef-inspired 2 kitchens complete with countertops and appliances. A separate entrance leads to the fully finished basement, providing excellent flexibility for extended family or in law suit or investment opportunities. Opportunity with seven rented bedrooms generating rental income, making this an attractive opportunity for investors seeking strong cash flow. The oversized, private corner lot wraps around the home, offering generous outdoor space and enhanced privacy for residents. Meticulously maintained and move-in ready, this property is ideally located near top-rated schools, parks, shopping, public transit, and major highways. A rare opportunity to own a turnkey home with exceptional income potential in one of Mississauga's most desirable neighbourhoods!

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$8,116
Lot Size58.6 ft x 120.89 ft
mls© NumberW13594672
Listed ByROYAL CACHET REALTY LTD.

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%
$7,166
Property tax
$676
Heat allowance
$150
Housing costs
$7,992 / mo

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

Down payment20% · $280,000
25-yr amortization

Income needed

$246,000

gross annual household income

Payment at 4%
$5,891 / mo
Cash down
$280,000

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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