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Listed 4 months ago

450 Marf Avenue

Mineola, Mississauga

$1,042,000

Detached|Bungalow
3 | 2 | 4
About this home

Prime location in a sought-after Mississauga neighborhood! This property offers a unique opportunity for redevelopment. The existing structure needs updating, but the lot presents immense potential. Situated near shopping, restaurants, parks, and just minutes from Lake Ontario, it's perfect for those looking to build in a well-established community.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$9,388
Lot Size50.07 ft x 132.45 ft
mls© NumberW13081366
Listed ByROYAL LEPAGE IGNITE 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%
$5,333
Property tax
$782
Heat allowance
$150
Housing costs
$6,266 / mo

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

Down payment20% · $208,400
25-yr amortization

Income needed

$193,000

gross annual household income

Payment at 4%
$4,385 / mo
Cash down
$208,400

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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