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Listed 8 days ago

5481 Palmerston Crescent

Central Erin Mills, Mississauga

$1,099,000

Semi-Detached |2-Storey
3 | 4 | 4
About this home

Solid Built Greenpark Home On Quiet Crescent Next To Luxury Homes In Prestigious Credit Mills *Top-Tier School Boundary Including John Fraser Secondary School & St Aloysius Gonzaga (Catholic) Secondary School *Mins To Streetsville Go Station, Hwys 403 & 401, Credit Valley Hospital & Shopping Mall *Present Owner Spent In Over $100,000 On Upgrades & Updates *Fully Fenced Mature Treed Lot *Professionally Landscaped Front, Side & Back With Interlocking Patio, Custom Built Iron Gate & Railing, Pour Concrete Steps *All Principal Rooms W/Windows *Hardwood Floor & Marble Tile Floor Throughout Main Floor *Custom Built Wet Bar W/Custom Lightings, B/I Sink & B/I Fridge *Kitchen W/Large Breakfast Area Walkout To Extended Sundeck *Separated Family Room W/Gas Fireplace (Could Be Used As Home Office/Guest Bedroom) *3 Good Size Bedrooms All W/Picture Windows *Professionally Finished Walkout Basement With Income Potential/In-Law Suite: Great Room, Fully Equipped 2nd Kitchen, 4th Bedroom & 3pcs Bathroom (Building Permit Approved 2017) *Separated Laundry Room *Cold Cellar *Tons Of Built-In Shelves & Storages *Excellent Well Kept Pets Free Home, Must Be Seen To Be Appreciated.

Extras

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$6,234
Lot Size7.315 metres x 36 metres
mls© NumberW13609900
Listed ByROYAL LEPAGE SIGNATURE REALTY

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%
$5,625
Property tax
$520
Heat allowance
$150
Housing costs
$6,295 / mo

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

Down payment20% · $219,800
25-yr amortization

Income needed

$194,000

gross annual household income

Payment at 4%
$4,625 / mo
Cash down
$219,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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