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Price Change$2,199,000

8/10 Mississauga Road N

Port Credit, Mississauga

$1,999,999

Semi-Detached |2-Storey
4 | 5 | 3.5
About this home

Invest in the heart of Mississauga's thriving Port Credit neighborhood with an exceptional building lot at #10 Mississauga Road North, offering a unique opportunity to be part of a growing and vibrant community just steps away from the stunning waterfront and directly across from the highly anticipated Brightwater development. Right in the heart of Port Credit & across from new Brightwater real estate development. A historic lakeside community with dining, shopping & recreation. Total lot size 50x110ft. Vacant land only. VTB available. Utilities available in the area, but not connected. * For Additional Property Details Click The Brochure Icon Below*

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agent
Macallum Tepsich
(647) 326-2579
TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$5,820
Lot Size50 ft x 110.3 ft
mls© NumberW13118612
Listed ByICI SOURCE REAL ASSET SERVICES INC.

Listing History

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What the bank counts

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

Mortgage, tested at 6%
$10,237
Property tax
$485
Heat allowance
$150
Housing costs
$10,872 / mo

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

Down payment20% · $400,000
25-yr amortization

Income needed

$335,000

gross annual household income

Payment at 4%
$8,416 / mo
Cash down
$400,000

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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