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5881 Delle Donne DriveChurchill Meadows, Mississauga, ON L5M 7A2 · Sale · MLS® W14012158
3+1Bedrooms
4Bathrooms
1500-2000Sq ft
3Parking
$500–$667Per sq ft
About this home
The homeTaxes$6,732/yr
Price per sq ft$500–$667
Possession60/90 Days
All listing details
- 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.
- Property type
- Semi-Detached
- Style
- 2-Storey
- Heating
- Forced Air
- Air conditioning
- Central Air
- Basement
- Finished, Apartment, Separate Entrance
- Garage
- Attached
- Parking spaces
- 3
- Central vac
- N
- Family Room
- 3.42 × 5.1 m
- Living Room
- 3.81 × 5.1 m
- Dining Room
- 3.81 × 5.1 m
- Bedroom 3
- 2.44 × 3.62 m
- Bedroom 2
- 2.72 × 4.33 m
- Kitchen
- 2.65 × 5.1 m
- Primary Bedroom
- 3.25 × 5.1 m
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The area
AreaUnavailablewalk to transit
Unavailablegrocery stores within 1 km
Unavailablepublic schools within 1 km
Unavailableparks within 1 km
Price & listing history
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Homsy estimate
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Cost to own
CostKnown monthly carrying costs
$561 / month
Property tax$561
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Sold nearby
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