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Price Change$2,999,000

1409 Haig Boulevard

Lakeview, Mississauga

$2,699,999

Detached|Bungalow
2 | 2 | 7
About this home

LOCATION !!! LOCATION !!! LOCATION !!! Exceptional oversized L-shaped lot offering 84 ftfrontage and 207 ft depth on the north side, widening to an impressive 150 ft at the rear, withsouth side dimensions of 144 ft x 57 ft x 60 ft. Total lot area approximately 20,688 sq ft(.475 acre).Located on sought-after Haig Blvd in the desirable Lakeview neighbourhood, surrounded bymulti-million-dollar custom homes. Excellent opportunity to build your dream home or explorepotential severance. Rare offering in a premium location.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$8,995
Lot Size84.12 ft x 207.29 ft
mls© NumberW12937100
Listed ByRE/MAX REALTY ENTERPRISES INC.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$13,820
Property tax
$750
Heat allowance
$150
Housing costs
$14,719 / mo

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

Down payment20% · $540,000
25-yr amortization

Income needed

$453,000

gross annual household income

Payment at 4%
$11,362 / mo
Cash down
$540,000

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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