1349 Melton Drive, Mississauga

$2,699,000
1349 Melton Drive

$2,699,000

New
29d
Detached2-Storey

1349 Melton Drive, Mississauga

Total Monthly Obligation $13,079

Beds
6
Baths
5
Park
6
Sqft
3500-5000
DOM
29d
Score
18
Yield
4.8%
Cash on Cash
-3.6%
Cap Rate
3.8%
5Y IRR
12.8%
10Y IRR
12.4%
Property Type-Detached
MLS® Number-W13825470
Beds-6
Bathrooms-5
Size-3500-5000 sqft
Lot Size-60.08 × 135.78 ft
Listed on site-Sep 24, 2026
Style-2-Storey
Building Type-Detached
Taxes-$21,804 (2025)
Parking-8 - Attached
Basement-Walk-Up, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX COMMUNITY REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Stone, Stucco (Plaster)
Roof-Flat
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Lakeview
Title-Residential Freehold

No agent assigned

Power of Sale opportunity in Lakeview. This custom-built two-storey home sits on a 60 x 134 ft lot and offers approximately 5,800 sq ft of living space. Features include four upper-level bedrooms, a private elevator, a finished lower level with a separate two-bedroom apartment, a covered patio, heated driveway and garage with EV chargers. Located near parks, the lakefront, Port Credit, Clarkson Village and the QEW. Property is being sold "as is, where is."

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$2,159,200
Land Transfer Taxes$53,950
Legal Fees (Est.)
$
Total cash required for closing$595,250

Total Monthly Obligation

$13,079/mo
Mortgage $10,887
Monthly Loss $10,214
Principal$2,865
Interest$8,022
Property Tax$1,817
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.8%1
5-Year IRR
10.2%37
10-Year IRR
10.7%
Returns Index
19.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$130,272/yr
NOI
$90,941/yr
Net Cash Flow
-$3,309/mo
Cash Margin
-30.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
0.7 mo14
Risk Index
14.0/ 100

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

Comparables

Properties near 1349 Melton Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.