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Erindale, Mississauga
$1,250,000
Welcome to 3176 Ibbetson Cres, an exceptional 4-bedroom, 4-bathroom home in the sought-after Erindale community. Extensively upgraded and beautifully maintained, this home offers a rare combination of stylish living and, a fully legalized basement apartment approved by the City of Mississauga, and an incredible backyard retreat. The impressive exterior features a new steel roof with eavestroughs, fascia and pot lights, new front door and garage door, gas lantern, patterned concrete driveway and front porch, plus beautifully landscaped gardens. The garage has been enhanced with an epoxy floor and custom cabinetry. Inside, quality finishes and thoughtful updates are found throughout, including new porcelain tile and hardwood flooring, crown moulding and pocket doors, and freshly painted. The kitchen has been expanded to include a bright 12' x 12' sunroom, providing the perfect space for casual dining or enjoying the views of the backyard. The family room features a fireplace and a built-in entertainment unit. The lower level offers a beautifully renovated legal basement apartment, completed with approximately $115,000 in renovations in 2021. Featuring a separate walk-in entrance, new kitchen and appliances, bedroom, sitting room, bathroom, washer and dryer, and stylish shiplap detailing, this space is ideal for extended family, guests or rental income. Step outside and discover your own private oasis. Approximately $100,000 has been invested in creating an incredible backyard retreat featuring a new outdoor cabana, upgraded sunroom exterior, a four-hole putting green surrounded by concrete and mature landscaping, a new patio, fish pond with waterfall, and beautiful flower gardens. An exceptional space for entertaining, relaxing and enjoying summer days at home. A home that must be seen to be fully appreciated! Ideally located within walking distance to Westdale Mall and Erindale Park, and just minutes from UTM, the QEW, Credit Valley Golf Club, and Erindale GO.
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| Type | Detached |
| Style | Backsplit 4 |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $7,630 |
| Lot Size | 50 ft x 125 ft |
| mls© Number | W13666460 |
| Listed By | SNOBAR REALTY GROUP 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%
- $6,398
- Property tax
- $636
- Heat allowance
- $150
- Housing costs
- $7,184 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$221,000
gross annual household income
- Payment at 4%
- $5,260 / mo
- Cash down
- $250,000
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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