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New2 hours ago

3603 Kelso Crescent

Erin Mills, Mississauga

$1,425,000

Detached|2-Storey
4 | 4 | 4
About this home

RARE GROUND-LEVEL WALK-OUT BASEMENT! This 4+2 bed, 3.5-bath detached home with a 2-car garage situated on a quiet, exclusive crescent beside Tom Chater Memorial Park. The house has been completely renovated from top to bottom. Main & 2nd levels feature new hardwood floors, new hardwood stairs with wrought iron railings, and a new modern kitchen with quartz countertops. Carpet-free and Freshly Painted throughout. Walk out from the family room and breakfast area to multi-tiered decks overlooking a private yard. Spacious primary bedroom offers a sitting area, walk-in closet, and a newly renovated ensuite bath.Finished lower level flooded with natural light, featuring a private entrance, 2 bright bedrooms, kitchenette, 3pc bath, new vinyl flooring, and its own SEPARATE 2ND LAUNDRY-ideal for an in-law suite or potential rental helper! New Driveway and an interlock walkway, Entrance From Garage To House. Prime location close to top schools, parks, shopping, transit, hospital, and Hwy 403/QEW.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$8,464
Lot Size45.66 ft x 116.85 ft
mls© NumberW13793190
Listed ByKINGSWAY REAL ESTATE

Listing History

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  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$7,294
Property tax
$705
Heat allowance
$150
Housing costs
$8,149 / mo

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

Down payment20% · $285,000
25-yr amortization

Income needed

$251,000

gross annual household income

Payment at 4%
$5,997 / mo
Cash down
$285,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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