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New2 hours ago

7150 Minotola Avenue

Malton, Mississauga

$889,900

Detached|Bungalow
3 | 2 | 2
About this home

Welcome to 7150 Minotola Ave.! Beautifully Renovated 3 Bedroom Home in the Heart of Malton! Situated on a spacious 50 x 125 ft lot, this property is ideal for first-time buyers, investors or someone looking to build their Custom Dream Home. Main Floor Features a renovated kitchen with 2 washrooms upstairs. Lower level features a separate basement entrance with excellent rental income or in-law suite potential, The basement features 2 washrooms. 2 large backyard sheds, and a paved driveway extending into the backyard for ample parking. Conveniently located steps from shops, schools, banks, grocery stores, and public transit, with easy access to Highways 427, 409, 401 & 407, Malton GO, Etobicoke General Hospital, Pearson Airport, and places of worship. A fantastic opportunity in a highly convenient location!

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$5,875
Lot Size50 ft x 125 ft
mls© NumberW13740730
Listed ByRE/MAX EXCELLENCE REAL ESTATE

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%
$4,555
Property tax
$490
Heat allowance
$150
Housing costs
$5,194 / mo

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

Down payment20% · $177,980
25-yr amortization

Income needed

$160,000

gross annual household income

Payment at 4%
$3,745 / mo
Cash down
$177,980

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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