5289 Fallingbrook Drive, Mississauga

$1,849,000
5289 Fallingbrook Drive

$1,849,000

New
29d
Detached2-Storey

5289 Fallingbrook Drive, Mississauga

Total Monthly Obligation $8,572

Beds
4
Baths
5
Park
3
Sqft
2500-3000
DOM
29d
Score
15
Yield
3.1%
Cash on Cash
-10.0%
Cap Rate
2.4%
5Y IRR
7.8%
10Y IRR
8.5%
Property Type-Detached
MLS® Number-W13823920
Beds-4
Bathrooms-5
Size-2500-3000 sqft
Lot Size-63.79 × 135.13 ft
Listed on site-Sep 24, 2026
Style-2-Storey
Building Type-Detached
Taxes-$8,866.39 (2026)
Parking-5 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-SAM MCDADI REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Metal
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-East Credit
Title-Residential Freehold

No agent assigned

Architecturally distinctive & stately, this exquisite Fernbrook-built residence sits on an oversized corner lot, offering exceptional outdoor living space. Distinguished by its Italian-style barrel roof, two castle-like turrets, abundant windows & expansive mature landscape, this remarkable home offers approx. 4200 sq ft of living space, w/ over $300,000 in premium upgrades. The main level features a grand 17-ft entrance foyer, spacious living & dining rooms, office/den/study/library, picturesque family room w/ masonry fireplace, powder room, laundry room & an open-concept gourmet kitchen designed for efficiency and functionality. Substantial two-tone cabinetry, soft-close drawers/doors, dramatic porcelain countertops & backsplash, Spanish porcelain flooring & a stunning porcelain waterfall island create a sophisticated centrepiece overlooking the backyard oasis. The 2nd floor offers 4 spacious bedrooms, incl. an enormous primary retreat w/ sitting area, 3 opulent bathrooms & 3 walk-in closets. The bespoke primary ensuite is a spa-grade oasis featuring a one-of-a-kind tile art installation, freestanding tub, spacious frameless glass shower w/ built-in seating & rainfall shower, dazzling quartz double vanity, marble, mosaic & quartz finishes, heated flooring & heated towel rack. The finished basement adds an impressive 9-ft wet bar w/ lighted display shelves, a red cedar sauna, a home theatre/rec room, two versatile rooms, a full bathroom, a cold cellar & extensive storage. Further highlights incl. landscaped garden, wrought-iron gate, stone patio, natural boulder retaining wall, central vac rough-in, upgraded dimmable LED lighting, solid oak hardwood & terrazzo flooring. Significant mechanical upgrades include high-efficiency Rheem HVAC, smart thermostat, Navien tankless water heater & new HRV installed in 2026. Ideally situated minutes from Heartland Town Centre, Square One, Streetsville, Erin Mills Town Centre, Pearson International Airport & major highways.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,479,200
Land Transfer Taxes$33,455
Legal Fees (Est.)
$
Total cash required for closing$404,755

Total Monthly Obligation

$8,572/mo
Mortgage $7,458
Monthly Loss $6,610
Principal$1,963
Interest$5,496
Property Tax$739
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.9%0
5-Year IRR
5.4%12
10-Year IRR
7.0%
Returns Index
7.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$57,228/yr
NOI
$38,139/yr
Net Cash Flow
-$4,280/mo
Cash Margin
-89.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
1.1 mo18
Risk Index
13.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 5289 Fallingbrook Drive

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