260 Louis Drive, Mississauga

$1,489,000
260 Louis Drive

$1,489,000

New
29d
DetachedBacksplit 4

260 Louis Drive, Mississauga

Total Monthly Obligation $7,000

Beds
4
Baths
3
Park
4
Sqft
1500-2000
DOM
29d
Score
15
Yield
3.4%
Cash on Cash
-8.6%
Cap Rate
2.7%
5Y IRR
8.8%
10Y IRR
9.3%
Property Type-Detached
MLS® Number-W13826878
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-49.04 × 119.49 ft
Listed on site-Sep 24, 2026
Style-Backsplit 4
Building Type-Detached
Taxes-$7,423 (2025)
Parking-6 - Attached
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-60-90
Neighbourhood-Cooksville
Title-Residential Freehold

No agent assigned

49' X 119' PARK-FACING LOT | END-OF-STREET | 2 KITCHENS | 2 LAUNDRIES | SEPARATE BASEMENT ENTRANCE | 5 PARKING!Beautifully renovated 4-bedroom, 2.5-bath detached home offering exceptional flexibility for families, multigenerational living or potential rental use.Quietly tucked at the end of Louis Drive with a park directly in front, this home offers privacy, minimal traffic and a wonderful family setting.Bright open-concept main floor features a modern kitchen with oversized island and inviting living space. Finished basement with separate entrance, second kitchen and laundry offers excellent flexibility for extended family or additional living potential. Enjoy the spectacular backyard featuring a 24' x 14' pergola with outdoor TV, perfect for summer entertaining and family gatherings. Attached double garage plus ample driveway parking for 5 vehicles total.Ideally located approximately 5 minutes' walk to the next largest hospital in Canada and minutes to Sherway Gardens, Square One, GO Transit, schools, parks and major highways. Renovations completed with permits; electrical work completed with ESA documentation. A rare combination of a premium-sized lot, park setting, flexible layout, incredible outdoor space and unbeatable convenience.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$1,191,200
Land Transfer Taxes$26,255
Legal Fees (Est.)
$
Total cash required for closing$325,555

Total Monthly Obligation

$7,000/mo
Mortgage $6,006
Monthly Loss $5,419
Principal$1,581
Interest$4,426
Property Tax$619
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.9%0
5-Year IRR
6.2%15
10-Year IRR
7.6%
Returns Index
8.9/ 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
$51,072/yr
NOI
$34,042/yr
Net Cash Flow
-$3,169/mo
Cash Margin
-74.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.474
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo22
Risk Index
14.7/ 100

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

Comparables

Properties near 260 Louis Drive

Time

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