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New19 hours ago

118 Surbray Grove

Fairview, Mississauga

$799,000

Semi-Detached |Bungalow-Raised
3 | 2 | 4
About this home

A Smart Investment. A Flexible Family Home. An Exceptional Income Opportunity Welcome To Central Mississauga, A Beautifully Maintained And Thoughtfully Upgraded Semi-Detached Home, Offering The Perfect Blend Of Comfortable Family Living And Income Potential. The Fully Finished Basement Apartment Provides An Excellent Opportunity For Investors Seeking Rental Income Or End-Users Looking For A Multi-Generational Living Arrangement. Live In The Main Home While Generating Income From The Lower Level, Or Enjoy A Private Space For Extended Family Or Guests. The Bright, Open-Concept Main Floor Features Spacious Living And Dining Areas With A Large Picture Window, A Family-Sized Kitchen With Stainless Steel Appliances, Ample Cabinetry And Breakfast Area, Three Large-Sized Bedrooms, An Oversized Bathroom, And Convenient Main-Floor Laundry. Oversized Windows Throughout Fill The Home With Natural Light. The Finished Lower Level Features A Separate Entrance, Modern Kitchen, Comfortable Living Area With Fireplace, Full Bathroom, Second Laundry Room, And Built-In Bar, Ideal For Extended Family, Guests, Or Potential Rental Income. Step Outside To A Private Backyard Oasis Featuring A Spacious Patio With Gazebo, Beautiful Garden, Top-Of-The-Line Hot Tub, And Fire Pit. Perfect For Relaxing, Entertaining, Or Enjoying Time With Family And Friends. Located In The Heart Of Mississauga, You're Just Minutes From Cooksville GO Station, Square One Shopping Centre, Dining, Schools, Parks, Recreation, And Major Highways. Steps To Fairview Park, Offering A Beautifully Maintained Tennis Court, Soccer Field, And Kids Playground. Whether You're An Investor Looking To Grow Your Portfolio Or An End-User Seeking Flexible Multi-Generational Living, This Property Offers The Space, Versatility, And Location To Make It Happen. A Home That Works For You Today And For The Future. Don't Miss This Opportunity!

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agent
Angela Montano
(647) 283-2643
TypeSemi-Detached
StyleBungalow-Raised
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,872
Lot Size30 ft x 139.92 ft
mls© NumberW13688474
Listed ByRE/MAX REALTRON REALTY INC.

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%
$4,090
Property tax
$489
Heat allowance
$150
Housing costs
$4,729 / mo

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

Down payment20% · $159,800
25-yr amortization

Income needed

$146,000

gross annual household income

Payment at 4%
$3,362 / mo
Cash down
$159,800

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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