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New2 hours ago

1497 Bancroft Drive

East Credit, Mississauga

$1,850,500

Detached|2-Storey
4 | 5 | 4
About this home

A rare opportunity to own a fully renovated detached home in the highly sought-after East Credit community. Beautifully updated from top to bottom-inside and out-this exceptional property sits on a premium 74' x 115' corner lot, offering outstanding curb appeal and an abundance of outdoor space.Step inside to a bright and spacious open-concept layout designed for modern living. The main floor features an inviting living and dining area, a warm and welcoming family room with a stylish electric fireplace, and a dream kitchen complete with premium appliances, an oversized centre island, and ample cabinetry. Walk out to the professionally landscaped backyard, a private outdoor oasis perfect for relaxing or entertaining.The second floor offers a luxurious primary bedroom featuring a large walk-in closet and a beautifully renovated spa-inspired ensuite bathroom, along with two additional generously sized bedrooms, each with ample closet space.Adding incredible versatility, this home includes a separate nanny/in-law suite with its own kitchen and bedroom, making it ideal for extended family, guests, or multi-generational living. The fully finished basement further enhances the home's functionality with two additional bedrooms, a full kitchen, and flexible living space-perfect for extended family, recreation, or potential income opportunities.This exceptional home seamlessly blends comfort, style, functionality, and flexibility, making it a true turnkey property.Ideally located just minutes from Heartland Town Centre with quick access to major highways. Enjoy walking distance to parks, golf courses, top-rated schools, shopping, restaurants, and all the amenities East Credit has to offer.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3000-3500 sq. ft.
Property Tax$10,064
Lot Size74.1 ft x 102.59 ft
mls© NumberW13652044
Listed ByINX LANDMARK 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%
$9,472
Property tax
$839
Heat allowance
$150
Housing costs
$10,460 / mo

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

Down payment20% · $370,100
25-yr amortization

Income needed

$322,000

gross annual household income

Payment at 4%
$7,787 / mo
Cash down
$370,100

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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