3073 Merritt Avenue, Mississauga
about the build
Located near Old Malton Village and steps away from the Malton GO stop. These homes are within walking distance of local restaurants and nearby parks, including Derry Greenway, Paul Coffey Park and Albert McBride Park.
- Brand new, duplex unit located in Malton – northeast part of Mississauga
- Each duplex contains 2 units
- Upper two floors – 5-bedroom unit, 2 bathrooms, open concept kitchen/living/dining room
- All appliances, including a washer/dryer
- Driveway and Garage (accessible from outside the house) – 2 parking spaces
There is also a 2-bedroom unit in the basement, which is currently leased to SHIP as part of their transitional housing program.
1768 square feet
This 5-bedroom unit is being offered under Habitat HMD’s Deferred Homeownership model. Essentially, this acts like a rent-to-own agreement where you will rent your unit for a period of 9 years (upper only), with the aim to purchase the entire unit (including the basement apartment) at the end of the rental term, provided that all the terms of the Partnership Agreement have been satisfied.
Once the selected family has completed all of their partnership requirements (e.g. 500 volunteer hours), they will be eligible to join Habitat’s Earned Credit Program where a portion of the rental payments will be held in trust via an Escrow Agreement with Habitat. These earned credits can be used as a future down payment for the purchase of your Habitat home.
Please note that Habitat mortgages may be held directly by Habitat HMD or through a third party bank/lender and include interest.
For further information about the unit layout and location, please refer to the website.
If you are interested in applying to become a tenant, please complete the following questionnaire.