$999,900

For sale

5881 Delle Donne Drive, Mississauga (Churchill Meadows) - Single Family for Sale

5881 Delle Donne Drive, Mississauga (Churchill Meadows), Ontario, L5M7A2

4 beds4 baths3 parking1,750 ft²23 × 105 ft (2,360 sq ft) lot sizeListed 22 days ago

Overview

This 4-bedroom, 4-bathroom home in Mississauga is for sale offering roughly 1,750 sq ft of space. Listed at $999,900, it is attractively priced about 17% below the $1,198,000 median asking price in Mississauga. It has been on the market 22 days, fresher than the Mississauga average of 47 days.

Houses for Sale in Mississauga →All real estate in Mississauga →

Description

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:66096)

Property Details

MLS®: W14012158
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 4
Half Baths: 1
Parking: 3
Interior Size: 1,750 ft²
Lot Size: 23 × 105 ft (2,360 sq ft)
Frontage: 23 ft
Storeys: 2
Basement: Finished, Apartment in basement, Separate entrance, N/A, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Ground level

Living room: 3.81 x 5.1 meters
Dining room: 3.81 x 5.1 meters
Kitchen: 2.65 x 5.1 meters
Family room: 3.42 x 5.1 meters

Second level

Primary Bedroom: 3.25 x 5.1 meters
Bedroom 2: 2.72 x 4.33 meters
Bedroom 3: 2.44 x 3.62 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Dishwasher, Blinds, Two stoves, Garage door opener remote(s), Two Refrigerators
Flooring: Hardwood, Laminate, Carpeted, Ceramic
Foundation: Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

22d

Mississauga (Churchill Meadows) listings, avg age

47d

Price / ft²

$571

List price

$1000K

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 4-bed single family in Mississauga (Churchill Meadows) has been listed for 22 days, which is 25 days fresher than the city average of 47. Act while there is still low competition.

Set a price alert Book a showing

Listed by HOMELIFE/MIRACLE REALTY LTD · ASHFAQ HAIDER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5M)

This home lists at $999,900, about 8.5× the local median household income of $118,000.

Carrying it typically needs a household income of about $195,315 (20% down, 25-yr amortization, stress-tested) — roughly 66% above the area median.

Median household income: $118,000
Population: 106,468
Median age: 39.6
Owner / renter: 77% / 23%
Avg. household size: 3.3

Source: Statistics Canada, 2021 Census (FSA L5M)

$999,900· $571/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment7.50% · $74,990

Min 7.50%50%

Mortgage payment$5,128/mo

↳ CMHC premium ($36,996 capitalized)

Property tax (est.)$561/mo

Total monthly$5,689

Cash Needed to Close

Down payment (7.50%)$74,990

Land transfer tax$16,473

Est. closing costs$5,500

Total cash needed$96,963

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice