$999,900
Est. payment $4,427/moCalculate yours
5881 Delle Donne Drive, Mississauga, ON L5M 7A2
Churchill Meadows, Mississauga, ON L5M 7A2
- 3 + 1 Beds
- 4 Baths
- 1 Garage
- 1,500 Sq Ft
Listing courtesy of HOMELIFE/MIRACLE REALTY LTD MLS® W14012158
About this home
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 details
Overview
- Property Type
- Semi-Detached
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 1,500 sqft
Interior
- Bedrooms
- 3 + 1
- Bathrooms
- 4
- Kitchens
- 2
- Basement
- Finished, Apartment, Separate Entrance
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 22.47 x 104.92 Feet
- Parking
- Attached garage · 3 total
Financial
- Property Taxes
- $6,732 (2025)
Location
- Neighbourhood
- Churchill Meadows
- Cross Street
- Britannia/Tenth Line
- Direction Faces
- North
Listing
- MLS® Number
- W14012158
- Days on Market
- 5
- Listed On
- 2026-10-13
- Possession
- 60/90 Days
- Listed By
- HOMELIFE/MIRACLE REALTY LTD
Rooms
Features
Interior
- Auto Garage Door Remote
Pool
- None
- Included
- Additional Features & Included Appliances The sale includes the following existing appliances and fixtures: Two refrigerators Two stoves Two sets of laundry appliances One dishwasher Existing blinds and curtains throughout the home Existing electrical panel and main circuit breaker 200 amps All existing blinds and curtains are included in the sale. A great added value for homeowners and investors alike.
- Rental items
- Hot water Tank
Mortgage calculator
Estimated mortgage payment
$4,427 per month
- Principal and interest
- $4,427
- Property tax
- $561
- Condo fees
- $0
- Estimated monthly cost
- $4,988
Your mortgage
- Mortgage amount
- $799,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $528,282
Cash to close
- Down payment
- $199,980
- Land transfer tax
- $16,473
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $216,453
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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