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East Credit, Mississauga
$1,299,900
Welcome to 1005 Fernandez Drive, Mississauga. Situated in a well-established, family-friendly neighbourhood, this solid all-brick home offers the space, versatility, and potential you've been looking for. Featuring 3+1 bedrooms and 4 bathrooms, this home has great bones and is an excellent opportunity for families, multi-generational living, or buyers looking to make a home their own. The functional layout offers plenty of room for everyday living and entertaining, while the finished basement features an in-law suite with a separate side entrance, providing added flexibility and potential for extended family accommodations. Step outside to enjoy the fully fenced backyard, perfect for children, pets, and outdoor gatherings. Recent exterior improvements include a new garage door, new front steps leading to the porch, and a new railing, adding to the home's curb appeal. Conveniently located close to shopping, schools, parks, everyday amenities, and offering easy access to major highways, this property combines neighbourhood charm with everyday convenience. Solid construction, great bones, a desirable location, and endless possibilities! Don't miss your opportunity to own this wonderful home in an established Mississauga neighbourhood.
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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%
- $6,653
- Property tax
- $537
- Heat allowance
- $150
- Housing costs
- $7,340 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$226,000
gross annual household income
- Payment at 4%
- $5,470 / mo
- Cash down
- $259,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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