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Fairview, Mississauga
$1,499,000
Positioned just steps from Mississauga City Centre, 3524 Joan Drive presents a compelling opportunity within one of the city's most connected and steadily evolving neighbourhoods. Set on an expansive 60 x 200 ft lot, this 3+1 bedroom, 2 bathroom detached residence offers a rare blend of immediate usability and long-term potential. The existing 1 1/2-storey home provides flexibility and the benefit of holding income while future plans are thoughtfully considered. The depth and proportions of the lot create a strong foundation for a range of possibilities, whether that be a custom rebuild, a well-executed renovation, or simply enjoying the home as it stands. Surrounded by established properties and ongoing development, this location continues to attract end users, builders, and investors alike. Its proximity to major transit routes including future Hurontario LRT, amenities, and the continued growth of the City Centre enhances both present convenience and future value. A property that allows for vision and adaptability, where immediate function meets long-term opportunity in a location that continues to strengthen.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $7,154 |
| Lot Size | 60 ft x 200 ft |
| mls© Number | W13662390 |
| Listed By | REVEL 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%
- $7,673
- Property tax
- $596
- Heat allowance
- $150
- Housing costs
- $8,419 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$259,000
gross annual household income
- Payment at 4%
- $6,308 / mo
- Cash down
- $299,800
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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