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New1 hour ago

3478 Palgrave Road

Fairview, Mississauga

$1,199,000

Detached|Bungalow
3 | 3 | 4
About this home

Tremendous potential, many attractive features, convenient location. This home has been well maintained by the original owners. Features include main floor bedrooms, double car garage, 3 bathrooms, large family room addition, separate side entrance and second kitchen in basement, great set up for in-law suite. Super convenient location within walking distance of all kinds of shopping, doctors offices, schools, restaurants and many other services. Windows are in good shape.Great opportunity to have a big 3 bedroom bungalow with 2 bathrooms on the main level. Family room addition to brings the main level to approx 1700 square feet. Hardwood in the bedrooms and living/dining areas. Windows are in good shape. Very clean.Side door separate access to lower level offers great potential for in-law suite. Second kitchen already there. 2 bedrooms, 3 piece bathroom and generous living area. Over 1500 square feet in the lower level. Cantina under the front porch.Good lot size, 50X120. Walkout to backyard from family room. Heavy duty storage shed out back.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age31-50
Size1500-2000 sq. ft.
Property Tax$8,420
Lot Size50.07 ft x 120.27 ft
mls© NumberW13773080
Listed ByCENTURY 21 MILLER REAL ESTATE LTD.

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%
$6,137
Property tax
$702
Heat allowance
$150
Housing costs
$6,989 / mo

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

Down payment20% · $239,800
25-yr amortization

Income needed

$215,000

gross annual household income

Payment at 4%
$5,046 / mo
Cash down
$239,800

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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