$869,999

For sale

3602 Dunrankin Drive, Mississauga (Malton) - Single Family for Sale

3602 Dunrankin Drive, Mississauga (Malton), Ontario, L4T1V9

5 beds3 baths5 parking1,750 ft²55 × 86 ft (4,730 sq ft) lot sizeListed 53 days ago

Overview

This 5-bedroom, 3-bathroom home in Mississauga is for sale offering roughly 1,750 sq ft of space. Its $869,999 asking price sits right in line with the $849,900 median in Mississauga. It has been on the market 53 days, fresher than the Mississauga average of 71 days.

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Description

This spacious and well-maintained detached backsplit is ideally situated in the heart of Malton, offering a great combination of comfort, convenience, and income potential. The property features a bright and functional layout with two kitchens, two laundry areas, ample parking, and a separate entrance to the basement apartment, making it an excellent option for a large or extended family. The basement apartment provides an opportunity for additional rental income of approximately $1,300 to $1,600 per month, helping to offset mortgage expenses. The home is conveniently located within walking distance to schools, recreation facilities, shopping, and public transit. Recent improvements include newer windows and roof, and all existing appliances and the gazebo are included with the property. Overall, this property offers a combination of spacious living, excellent location, and potential rental income, making it a great opportunity for the buyer. (id:66096)

Property Details

MLS®: W13779958
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 3
Half Baths: 1
Parking: 5
Interior Size: 1,750 ft²
Lot Size: 55 × 86 ft (4,730 sq ft)
Frontage: 55 ft
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $5,004/yr

Rooms

Main level

Foyer: 3.29 x 1.25 meters
Living room: 3.29 x 3.7 meters
Dining room: 6.25 x 3.02 meters
Kitchen: 5.55 x 2.08 meters

Lower level

Bedroom 5: 2.4 x 3.04 meters
Laundry room: 2.3 x 2.3 meters
Kitchen: 3.65 x 6.09 meters

Upper Level

Primary Bedroom: 4.5 x 3.4 meters
Bedroom 2: 4.02 x 2.77 meters

In between

Features

Appliances: Dryer, Two stoves, Two Washers, Two Refrigerators
Flooring: Concrete, Hardwood, Ceramic
Foundation: Unknown
Exterior: Brick
Lot Features: Irregular lot size, Flat site

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

53d

Mississauga (Malton) listings, avg age

71d

Price / ft²

$497

List price

$870K

Homes here sell faster than most markets

Sold homes in this market spent an average of 34 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 5-bed single family in Mississauga (Malton) has been listed for 53 days, which is 18 days fresher than the city average of 71. Act while there is still low competition.

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Listed by HOMELIFE SILVERCITY REALTY INC. · AVTAR SINGH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4T)

This home lists at $869,999, about 10.4× the local median household income of $84,000.

Carrying it typically needs a household income of about $169,941 (20% down, 25-yr amortization, stress-tested) — roughly 102% above the area median.

Median household income: $84,000
Population: 38,182
Median age: 34.4
Owner / renter: 60% / 40%
Avg. household size: 3.3

Source: Statistics Canada, 2021 Census (FSA L4T)

$869,999· $497/ft²

For sale

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Full Cost Breakdown

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Down Payment7.13% · $61,999.90

Min 7.13%50%

Mortgage payment$4,480/mo

↳ CMHC premium ($32,320 capitalized)

Property tax (est.)$417/mo

Total monthly$4,897

Cash Needed to Close

Down payment (7.13%)$62,000

Land transfer tax$13,875

Est. closing costs$5,110

Total cash needed$80,985

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