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New5 hours ago

3253 Ibbetson Crescent

Erindale, Mississauga

$999,000

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

Welcome to this Wonderful family home on a cul de sac, very private. Great opportunity to live in this solid brick home with over 2400 sqft of livable and usable space. We have been converted into 2 legal apartments with separate entrances, and can easily be returned back to a single family house. Upper unit has 3 full bedrooms, 2 washrooms, family size kitchen with separate dining room and separate living room, though open concept, and with private laundry. The lower level apartment has 2 bedrooms in total, 2 full washrooms, large eat in kitchen, living room/ family room with fireplace, separate laundry and sun filled sunroom with sliding doors to a gorgeous huge backyard and extra large shed. Lots of customized finishings; from fine tiles to heated toilet seats, move in as is or custom as you like. Please note, Pictures do not give justice to how beautiful the fully fenced backyard truly is; custom flowers, fruits, vegetables, solar lights, walk ways, every inch tailored with loving hands-you have to see this! Entertain here in this oasis, or enjoy personally, you will not be disappointed! We also have a massive crawl space for tones of storage, in addition to lots of closets throughout. Tenants will vacate before or upon closing, unless you would like them to stay. Our hot water tank is new and owned, and we have wall unit air conditioning units throughout. Come and visit, we have so much to offer, and still lots of potential. Keep as an investment, or return this back, into your own single family home.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBacksplit 4
Approx. Age51-99
Size1500-2000 sq. ft.
Property Tax$7,500
Lot Size84.49 ft x 152.52 ft
mls© NumberW14092906
Listed ByROYAL LEPAGE TERREQUITY REALTY

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%
$5,113
Property tax
$625
Heat allowance
$150
Housing costs
$5,888 / mo

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

Down payment20% · $199,800
25-yr amortization

Income needed

$181,000

gross annual household income

Payment at 4%
$4,204 / mo
Cash down
$199,800

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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