LIVE IN YOUR OWN HOME WHILE RENTAL INCOME HELPS COVER YOUR MORTGAGE! Churchill Meadows, Mississauga Why pay a mortgage without rental assistance when you can live in a beautiful home and receive rental income to help with your payments? Welcome to this well-maintained family home in a highly desirable neighbourhood, surrounded by excellent schools and convenient amenities. Property Features3+1 bedrooms4 washrooms Separate living room and family room with fireplace Over 1,600 sq. ft. above grade Elegant double-door entrance Legal, City-approved one-bedroom basement apartment?? Rental Income That Makes a Difference!? Upper level: $2,800/month plus utilities? Legal basement: $1,500/month plus a share of utilities Total Rental Income: $4,300/month | $51,600/year?? Live Upstairs. Collect Rent. Help Pay Your Mortgage! For illustration, this rental income could help support the payments on approximately $300,000 of mortgage financing, depending on interest rates, amortization and lender qualification. The current tenants are cooperative and would like to stay, offering potential rental continuity for the next owner. The legal basement apartment may also help with mortgage qualification, subject to the lender's requirements and assessment of rental income.?? Opportunities like this deserve your attention! Flexible sellers. A sought-after location. A legal basement apartment. Rental income from two living spaces.?? Build your future. Let rental income help along the way. (id:13843)
| MLS # | W14012158 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Days On Site | 22 |
| Listing Provided By | HOMELIFE/MIRACLE REALTY LTD | ASHFAQ HAIDER |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 1,500 |
| Garage | 3 |
| Basement | Y |
| Story(s) | 2 |
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Dishwasher, Blinds, Two stoves, Garage door opener remote(s), Two Refrigerators |
| Fireplace Yes / No | Yes |
| Foundation Details | Concrete |
|---|
| Parking Features | Attached Garage, Garage |
|---|---|
| Parking Total | 3 |
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 6732 |
|---|
| Province | ON |
|---|---|
| City | Mississauga (Churchill Meadows) |
| Postal Code | L5M7A2 |
| Listing VS Median (in L5M7A2) | |
Price: $999,900 low | high Med: $999,900 sqft: 1,500 low | high Med: 1,500 $ / sqft: $667 low | high Med: $667 On site: 22 low | high Med: 22 | |
| Province | ON |
|---|---|
| City | Mississauga (Churchill Meadows) |
| Postal Code | L5M7A2 |
| Listing VS Median (in L5M7A2) | |
Price: $999,900 low | high Med: $999,900 sqft: 1,500 low | high Med: 1,500 $ / sqft: $667 low | high Med: $667 On site: 22 low | high Med: 22 | |