3573 Colonial Drive
Erin Mills, Mississauga
$1,299,000
Welcome to This Beautifully Updated 4-Bedroom Family Home Situated on a Premium Lot Backing Onto Peaceful Woodlands in the Heart of Erin Mills. The Bright and Spacious Main Floor Features Separate Living, Dining and Family Rooms, an Eat-In Kitchen and a Walkout to the Private Backyard. The Upper Level Offers Four Generous Bedrooms, Including a Primary Bedroom with Ensuite. The Finished Basement with a Separate Entrance Provides Excellent Additional Living Space for an Extended Family. Major 2026 Upgrades Include New Roof Shingles, Newly Paved Driveway, New Flooring and New Kitchen Appliances. Freshly Painted and Move-In Ready. Conveniently Located Close to Excellent Schools, Parks, Shopping, Public Transit, Highways and All Amenities. A Wonderful Opportunity to Own a Spacious Home in a Highly Desirable Neighborhoods !
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2500-3000 sq. ft. |
| Property Tax | $8,943 |
| Lot Size | 54.85 ft x 124.54 ft |
| mls© Number | W13685656 |
| Listed By | TAIHOME REALTY INC. |
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%
- $6,649
- Property tax
- $745
- Heat allowance
- $150
- Housing costs
- $7,544 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$232,000
gross annual household income
- Payment at 4%
- $5,466 / mo
- Cash down
- $259,800
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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