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5881 Delle Donne Drive
homes for sale · Mississauga · Churchill Meadows
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$999,900

5881 Delle Donne Drive

Churchill Meadows, Mississauga · MLS® W14012158

443

House · Single Family · 11 days on market

listed by ASHFAQ HAIDER, HOMELIFE/MIRACLE REALTY LTD

realtor's 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.

similar homes nearby

property details

type
House, Single Family
bedrooms
4
bathrooms
4
parking
3
property tax
$6,732 / yr
days on market
11
MLS®
W14012158

features

  • Dishwasher
  • Blinds
  • Two stoves
  • Garage door opener remote(s)
  • Two Refrigerators

monthly cost

$4,917/mo
Mortgage $4,356 · Tax $561

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$4,356/ monthly
loan $799,920
25-year amortization
total interest
$507,021
cash to close
$199,980
down payment; transfer tax and fees not included
total paid
$1,306,941

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
ASHFAQ HAIDER
HOMELIFE/MIRACLE REALTY LTD
call ASHFAQ · 905-455-5100
Powered by: REALTOR.ca
▶ virtual tour

location

Churchill Meadows, MississaugaGoogle Maps ↗

location

Churchill Meadows, MississaugaGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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