7178 Lancaster Avenue
Malton, Mississauga
$899,999
Rare opportunity to own a premium 40 x 100 ft ravine lot backing onto Victory Park! Ideal for builders, investors, renovators, or first-time buyers looking for future growth potential. This 3-bedroom detached home features a renovated open kitchen, large dining area, fresh paint, and an unbeatable location near all amenities, transit, highways, schools, and Gurdwara. Excellent investment with strong upside potential in a sought-after area. Don't miss this exceptional opportunity! FOR FIRST BUYER - RENOVATION IS ON THE WAY TO HAVE SWEET HOME SPOT WITH INCOME POTENTIAL- DON'T MISS CHANCE TO OWN HOME WITH PARK AT YOUR HOME'S BACKYARD.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,232 |
| Lot Size | 40 ft x 100 ft |
| mls© Number | W13782948 |
| Listed By | HOMELIFE SILVERCITY 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%
- $4,607
- Property tax
- $353
- Heat allowance
- $150
- Housing costs
- $5,109 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$157,000
gross annual household income
- Payment at 4%
- $3,787 / mo
- Cash down
- $180,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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