3324 Strabane Drive, Mississauga

$1,180,000
3324 Strabane Drive

$1,180,000

New
29d
Semi-Detached Backsplit 5

3324 Strabane Drive, Mississauga

Total Monthly Obligation $5,634

HausQ Valuation Report
Beds
6
Baths
4
Park
4
Sqft
1100-1500
DOM
29d
Score
15
Yield
3.2%
Cash on Cash
-9.6%
Cap Rate
2.5%
5Y IRR
8.0%
10Y IRR
8.7%
Property Type-Semi-Detached
MLS® Number-W13826728
Beds-6
Bathrooms-4
Size-1100-1500 sqft
Lot Size-27.71 × 134 ft
Listed on site-Sep 24, 2026
Style-Backsplit 5
Building Type-Semi-Detached
Taxes-$5,988 (2026)
Parking-4 - Built-In
Basement-Apartment
Heating-Forced Air (Gas)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Other
Sewer-Sewer
Possession-TBD
Neighbourhood-Erindale
Title-Residential Freehold

No agent assigned

Great Income Property with 4 Potential Units!Excellent investment opportunity featuring four potential units, each with a separate entrance. The property is currently rented for $7,250/month and offers excellent flexibility for investors or multi-generational living.Features include 4 bathrooms, up to 4 parking spaces, a garage, and a spacious backyard backing onto a park, providing a private and peaceful setting.A property with strong income potential and multiple possibilities for future use.

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%
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$944,000
Land Transfer Taxes$20,075
Legal Fees (Est.)
$
Total cash required for closing$257,575

Total Monthly Obligation

$5,634/mo
Mortgage $4,760
Monthly Loss $4,381
Principal$1,253
Interest$3,507
Property Tax$499
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.1%0
5-Year IRR
5.3%12
10-Year IRR
7.0%
Returns Index
7.3/ 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
$38,256/yr
NOI
$23,942/yr
Net Cash Flow
-$2,765/mo
Cash Margin
-86.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.423
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo27
Risk Index
16.1/ 100

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

Comparables

Properties near 3324 Strabane 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.

Data is provided courtesy of PropTx.

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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.