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New5 days ago

197 Troy Street

Mineola, Mississauga

$1,250,000

Detached|Bungalow
4 | 2 | 6
About this home

Spectacular Upgraded Bungalow In Mineola. Freshly Updated With modern finishes, This Modern Open Concept Living And Dining Room Overlooks A Kitchen Featuring Quartz Counter-Tops, newer windows and new furnace. Spacious Bedrooms With Gleaming Hardwood Floors. Beautifully Finished 1 Bedroom Basement W/ Full Kitchen, Dining Area, laundry rough in and SEPERATE ENTRANCE To Basement Suite which is perfect for an in-law suite. Double Garage. Extras: Newer Doors, Windows, Driveway, Railings, concrete walkway. Steps To Schools, Parks, Transit, Lake, Restaurants & Port Credit GO. Close To QEW, Minutes To Downtown Toronto. Two stoves, two fridges, all window coverings, all ELF's **INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$8,050
Lot Size50 ft x 115 ft
mls© NumberW13675038
Listed ByRIGHT AT HOME REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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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
$671
Heat allowance
$150
Housing costs
$7,219 / mo

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

Down payment20% · $250,000
25-yr amortization

Income needed

$222,000

gross annual household income

Payment at 4%
$5,260 / mo
Cash down
$250,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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