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$689,900
Available - For Sale
Listing ID: W12291700
Turnkey Investment & First-Time Buyer Opportunity Legal Duplex with Strong Rental Income & Prime Location This rare semi-detached bungalow on a premium extra-wide pie-shaped lot is a perfect opportunity for both investors and first-time buyers. Featuring a legal duplex with two independent units, this property offers immediate cash flow and the chance to build equity in a high-demand, transit-accessible neighborhood.The main floor unit includes 3 bright bedrooms, 1 bathroom, and a spacious living area with a new walk-out deck, ideal for homeowner or tenant enjoyment, perfect for entertaining, gardening, or relaxing. The legal basement apartment, with its separate entrance, offers 1 bedroom, 1 bathroom, a full kitchen, separate laundry room, and open living space currently rented to a reliable tenant, generating strong increasing rental income to offset your mortgage or boost returns.Future-proofed with a new furnace, air conditioner, and new underground pipes, this home ensures low maintenance and long-term profitability. Located within walking distance to parks, schools, and the Meadowvale GO Station, this property attracts quality tenants growing families or commuters.Whether you're seeking a hands-off, income-generating investment with future growth potential or a smart starter home in a family-friendly neighborhood, this legal duplex delivers stability, versatility, and value. Dont miss this unique opportunity!
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $34,495 $68,990 $103,485 $137,980
First Mortgage $655,405 $620,910 $586,415 $551,920
CMHC/GE $18,023.64 $12,418.2 $10,262.26 $0
Total Financing $673,428.64 $633,328.2 $596,677.26 $551,920
Monthly P&I $2,884.24 $2,712.5 $2,555.52 $2,363.83
Expenses $0 $0 $0 $0
Total Payment $2,884.24 $2,712.5 $2,555.52 $2,363.83
Income Required $108,159.1 $101,718.58 $95,832.09 $88,643.65

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SUTTON GROUP - SUMMIT REALTY INC.

2529 TRONDHEIM Cres , Mississauga, L5N 1P3, Peel

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Semi-Detached
Area: Peel
Municipality: Mississauga
Neighbourhood: Meadowvale
Style: Bungalow-Raised
Lot Size: x 177.11(Feet)
Approximate Age:
Tax: $5,562.19
Maintenance Fee: $0
Beds: 3+1
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229


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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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