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New4 hours ago

3009 O'Hagan Drive

Erindale, Mississauga

$1,020,000

Detached|Bungalow-Raised
3 | 4 | 9
About this home

Spacious raised bungalow located in a quiet, sought-after neighbourhood in the desirable Credit Woodlands area! Featuring 3+3 bedrooms and 3.5 bathrooms. Kitchen featuring granite countertops and backsplash. Hardwood flooring throughout the main level and laminate flooring in the lower level. Finished basement with separate entrance and kitchen setup. Situated on a generous 50.05 x 129.06 ft lot. Single-Car Garage with a Large Driveway Accommodating Up to 8 Additional Vehicles. Close to UTM, transit, shops, and major amenities. Walking distance to the river, trails, and parks. Enjoy country-style living in the city! Total Finished Living Area: Approx. 2,526 Sq Ft, including Approx. 1,263 Sq Ft on the lower level. Measurements are approximate and subject to buyer verification. Seller makes no representation or warranty regarding the basement retrofit status. Fireplaces and chimneys are included in "As Is" condition. Seller has never used the fireplaces during their ownership. Recent improvements include a brand-new roof (2026) featuring BP Mystique 42 architectural shingles with a 5-year contractor workmanship warranty, selected new baseboards, and freshly painted walls and ceilings in certain areas.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$6,766
Lot Size50.05 ft x 129.06 ft
mls© NumberW14123578
Listed ByROYAL LEPAGE REAL ESTATE SERVICES LTD.

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%
$5,221
Property tax
$564
Heat allowance
$150
Housing costs
$5,935 / mo

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

Down payment20% · $204,000
25-yr amortization

Income needed

$183,000

gross annual household income

Payment at 4%
$4,292 / mo
Cash down
$204,000

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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