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Applewood, Mississauga
$1,275,000
Welcome to this stunning, fully renovated bungalow on a premium wraparound corner lot in the highly sought-after Applewood community of Mississauga! With 7 spacious bedrooms and 3 beautifully updated washrooms, this home is ready to impress from the moment you arrive. Inside, a bright and airy open-concept layout flows effortlessly into a show-stopping, chef-inspired kitchen featuring sleek quartz countertops and stainless steel appliances, perfect for family dinners and entertaining alike. A separate entrance leads to the fully finished basement, offering incredible versatility: use it as a private in-law suite for parents or grandparents, a comfortable space for extended family and relatives, or keep it as a income-generating rental. Currently configured with seven rented bedrooms bringing in approximately $1,100 per room per month (buyer to verify), this property delivers outstanding cash flow for savvy investors while also offering the flexibility to transition into a multi-generational family home. The oversized, private lot wraps around the property, providing generous outdoor space and enhanced privacy that is rare to find. Meticulously maintained and completely move-in ready, this turnkey gem sits close to top-rated schools, parks, shopping, public transit, and major highways. Whether you are an investor seeking strong returns or a family looking for room for everyone you love, this is a rare opportunity in one of Mississauga's most desirable neighbourhoods. Don't miss it!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $8,116 |
| Lot Size | 58.6 ft x 120.89 ft |
| mls© Number | W14132870 |
| Listed By | ROYAL CACHET REALTY LTD. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,526
- Property tax
- $676
- Heat allowance
- $150
- Housing costs
- $7,352 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$226,000
gross annual household income
- Payment at 4%
- $5,365 / mo
- Cash down
- $255,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkValues and trends
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