4516 Donegal Drive, Mississauga

$999,800
4516 Donegal Drive

$999,800

New
29d
Detached2-Storey

4516 Donegal Drive, Mississauga

Total Monthly Obligation $4,942

Beds
4
Baths
2
Park
4
Sqft
1100-1500
DOM
29d
Score
17
Yield
4.5%
Cash on Cash
-4.9%
Cap Rate
3.5%
5Y IRR
11.7%
10Y IRR
11.5%
Property Type-Detached
MLS® Number-W13825830
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-29.87 × 114.83 ft
Listed on site-Sep 24, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,407.74 (2026)
Parking-5.5 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Central Erin Mills
Title-Residential Freehold

No agent assigned

Welcome to 4516 Donegal Drive, nestled in the highly sought-after community of Erin Mills. Ideally situated just minutes from top-rated schools, Credit Valley Hospital, Erin Mills Town Centre, scenic parks and walking trails, public transit, and major highways including the 403, 407, and QEW, this exceptional residence offers both convenience and lifestyle. From the moment you arrive, the home's charming curb appeal is evident, featuring a classic full-brick facade, oversized 1.5-car garage, and beautifully maintained landscaping. An enclosed front porch leads into a welcoming foyer complete with a double closet and convenient powder room. The main level showcases a bright and inviting open-concept living and dining area, enhanced by rich hardwood flooring, elegant crown moulding, and large windows that fill the space with natural light. The fully renovated eat-in kitchen is thoughtfully designed with granite countertops, a stylish backsplash, abundant hardwood cabinetry, and a walkout to a private backyard retreat. Enjoy outdoor entertaining on the expansive concrete patio that gracefully wraps around both sides of the home, complete with a convenient natural gas line for barbequing and al fresco dining. Upstairs, you'll find three generously sized bedrooms centered around an updated four-piece bathroom. Each bedroom offers ample closet space, classic parquet flooring, and large windows that create bright and comfortable living spaces. The fully finished lower level adds valuable living space, featuring a spacious family room, dedicated laundry area, ample storage space, and an additional bedroom ideal for guests, a home office, or growing families. Lovingly maintained and tastefully updated throughout, this wonderful home offers the perfect blend of comfort, functionality, and timeless appeal, ready to welcome its next family and create lasting memories.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$799,840
Land Transfer Taxes$16,471
Legal Fees (Est.)
$
Total cash required for closing$217,931

Total Monthly Obligation

$4,942/mo
Mortgage $4,033
Monthly Loss $3,881
Principal$1,061
Interest$2,972
Property Tax$534
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.9%1
5-Year IRR
8.6%26
10-Year IRR
9.5%
Returns Index
14.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$44,556/yr
NOI
$29,193/yr
Net Cash Flow
-$1,600/mo
Cash Margin
-43.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo30
Risk Index
18.5/ 100

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

Comparables

Properties near 4516 Donegal 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.