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New2 hours ago

5581 Wheatland Court

East Credit, Mississauga

$1,175,000

Detached|Bungalow-Raised
3 | 2 | 5
About this home

Nestled within a quiet cul-de-sac and on a huge pie-shaped lot, this warm and inviting 3+1 bedroom home has been lovingly maintained and updated by the same owners of nearly 30 years. The main floor of this raised bungalow offers a spacious & functional plan. Step inside to a bright & inviting layout designed for both family-living & entertaining. A formal living & dining are perfect for hosting gatherings, while the lower level separate family room provides a warm retreat for everyday relaxation. The kitchen features custom cabinetry, stainless-steel appliances, granite counters & spacious breakfast area. Large windows overlook the huge backyard oasis. Enjoy an expansive 2 level covered patio. Great for outdoor dining, or escape from those sun-filled summer days. Take in the beauty of this well manicured yard while floating in your large fiberglass in-ground saltwater pool. Completing the main level of this home is a large primary suite with double closets, 2 well-appointed additional bedrooms as well as a bright 4-piece bathroom. Adding to the convienence of this raised bungalow is direct access to the garage from the foyer, requiring only a few steps to either the main, or lower levels. Make your way down to the professionally finished lower level and spend some listening to some music in the private den, warm up by the natural gas fireplace in the family room, or retreat to your large fourth bedroom. A well-equipped laundry room w/ ample storage and exercize room which once housed a full kitchen completes this level. Located in the mature East Credit neighbourhood, this court is highly coveted as nearly a dozen homes still house their original owners! The area offers easy access to schools, highways, parks, walking trails, Credit Valley Hospital & shopping. Whether you're commuting or enjoying the nearby amenities, this location is second to none. Don't miss this opportunity to own a beautifully maintained home in one of Mississauga's premier neighbourhoods!

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$7,430
Lot Size30.12 ft x 133.76 ft
mls© NumberW13696590
Listed ByRoyal LePage Real Estate Associates

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%
$6,014
Property tax
$619
Heat allowance
$150
Housing costs
$6,783 / mo

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

Down payment20% · $235,000
25-yr amortization

Income needed

$209,000

gross annual household income

Payment at 4%
$4,945 / mo
Cash down
$235,000

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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