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5881 DELLE DONNE DRIVE

Mississauga (Churchill Meadows)

,
Ontario
L5M7A2
$999,900
4 beds, 4 baths
Single Family

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:6355)

DETAILS
: W14012158
: For sale
: 4
: 4
: 1
:
: /
:
: 22.5 x 104.9 FT
: 22.5 x 104.9 FT
: 1500 - 2000 sqf
: Municipal water
: Forced air
: Central air conditioning
:
: Sanitary sewer
:
: HOMELIFE/MIRACLE REALTY LTD
ROOMS
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  • 416-909-5517
  • 416-587-0122

Revel Realty Inc., Brokerage
296 Queen Street S.
Mississauga, ON  L5M 1M2
1-855-738-3547

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The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.