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New4 hours ago

3794 Woodruff Crescent

Malton, Mississauga

$879,000

Detached|Backsplit 4
6 | 5 | 3
About this home

Welcome to this spacious bungalow situated on a generous 50 ft. x 120 ft. lot in a convenient Mississauga. Featuring 6+1 bedrooms, 2 kitchens, and 4.5 bathrooms, this versatile property presents an excellent opportunity for investors seeking strong rental income and long-term potential. Currently generating over $7,000 in monthly rental income, this property offers an attractive opportunity for investors looking to add an income-producing asset to their portfolio. The main unit features six bedrooms, kitchen, living, dining area and a dedicated office, complemented by a spacious and functional layout. The basement offers a separate entrance, one additional bedroom, kitchen + den, and flexible living space. The property is well-suited for multi-generational living or rental purposes, subject to applicable regulations. Additional highlights include one garage parking space and a private driveway accommodating 2-3 vehicles. Conveniently located close to schools, shopping, public transit, and other essential amenities, this property combines income potential with everyday convenience. Whether you are an experienced investor or looking to expand your real estate portfolio, this property is an opportunity worth exploring. Don't miss your chance to own an income-generating property in Mississauga! Note: The owner and listing realtor make no representations or warranties regarding the retrofit status of the basement.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBacksplit 4
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,407
Lot Size50 ft x 120 ft
mls© NumberW14087960
Listed ByRE/MAX METROPOLIS REALTY

Listing History

  • No recent sale history for this listing.
  • 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%
$4,499
Property tax
$451
Heat allowance
$150
Housing costs
$5,100 / mo

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

Down payment20% · $175,800
25-yr amortization

Income needed

$157,000

gross annual household income

Payment at 4%
$3,699 / mo
Cash down
$175,800

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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