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New20 hours ago

161 Angelene Street

Mineola, Mississauga

$988,900

Detached|Bungalow
3 | 3 | 8
About this home

Welcome to Mineola - Where Lifestyle, Location & Opportunity Come Together!Discover this charming and beautifully maintained 3+1 bedroom bungalow nestled in one of Mississauga's most prestigious and sought-after communities - Mineola. Set on a 50' x 114' lot with no sidewalk and parking for 7+ vehicles, this property offers incredible flexibility for families, investors, builders, and those looking to create their dream home.Home Designed for Family & Opportunity. The main floor features 3 spacious bedrooms, 2 full bathrooms, and a bright, functional living space. The large kitchen boasts quartz countertops and a centre island, opening to generous living and dining areas - perfect for everyday family life or entertaining. The fully finished lower level adds even more living space with a 4th bedroom, 3-piece bathroom, kitchen, and large recreation room. With a separate side entrance and walkout access, the lower level provides excellent potential for an in-law suite, extended family, private living quarters, or rental income.The spacious backyard provides plenty of room for children, entertaining, gardening, or simply enjoying the outdooBuild Today or Invest for TomorrowFor those with a vision, this property offers exceptional future potential. Imagine building a stunning 3,500+ sq. ft. custom home in a neighbourhood where new luxury residences are transforming the streetscape. With the right design and approvals, there is significant potential to create a spectacular residence with $3M+ resale potential.rs. A detached heated garage with a gas unit heater adds valuable space for a workshop, hobbies, storage, or the car enthusiast.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$7,382
Lot Size50 ft x 114 ft
mls© NumberW13688098
Listed ByRE/MAX REALTY ENTERPRISES 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%
$5,062
Property tax
$615
Heat allowance
$150
Housing costs
$5,827 / mo

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

Down payment20% · $197,780
25-yr amortization

Income needed

$179,000

gross annual household income

Payment at 4%
$4,161 / mo
Cash down
$197,780

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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