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.
| MLS # | W14012158 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 7 |
| Listing Provided By | HOMELIFE/MIRACLE REALTY LTD | W14012158 406006 |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 |
| Garage | 1 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.05 |
| Interior Features | Auto Garage Door Remote |
|---|---|
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | Yes |
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Concrete |
| Construction Materials | Brick |
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Available |
| Sewer | Sewer |
|---|
| Tax Annual Amount | 6732 |
|---|---|
| Tax Legal Description | PLAN 43M1453 PT LOT 34 RP 43R27262 PART 15 |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | Peel |
| City | Mississauga |
| Postal Code | L5M 7A2 |
| Area | Churchill Meadows |
| Listing VS Median (in L5M 7A2) | |
Price: $999,900 low | high Med: $0 On site: 7 low | high Med: | |
| Province | ON |
|---|---|
| County | Peel |
| City | Mississauga |
| Postal Code | L5M 7A2 |
| Area | Churchill Meadows |
| Listing VS Median (in L5M 7A2) | |
Price: $999,900 low | high Med: $0 On site: 7 low | high Med: | |