6346 Neuchatel Road, Mississauga

$1,059,900
6346 Neuchatel Road

$1,059,900

New
28d
DetachedBacksplit 3

6346 Neuchatel Road, Mississauga

Total Monthly Obligation $5,154

Beds
4
Baths
3
Park
3
Sqft
1100-1500
DOM
28d
Score
16
Yield
4.0%
Cash on Cash
-6.6%
Cap Rate
3.2%
5Y IRR
10.4%
10Y IRR
10.5%
Property Type-Detached
MLS® Number-W13828258
Beds-4
Bathrooms-3
Size-1100-1500 sqft
Lot Size-50 × 121.99 ft
Listed on site-Sep 25, 2026
Style-Backsplit 3
Building Type-Detached
Age-51-99
Taxes-$6,048 (2025)
Parking-5 - Attached
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX ABOUTOWNE REALTY CORP.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-Meadowvale
Title-Residential Freehold

No agent assigned

Welcome to this beautifully renovated and meticulously maintained 3+1 bedroom bungalow, perfectly situated on an impressive 50 x 126 ft lot in the highly desirable Meadowvale community. Designed for comfortable family living and effortless entertaining, this home features a bright open-concept living and dining area with a walkout to a covered patio overlooking the fully fenced backyard. The stylish kitchen is the heart of the home, showcasing a large centre island with a breakfast bar, ample cabinetry, and quality finishes. Gleaming hardwood floors add warmth and elegance throughout the main level. The fully finished basement offers exceptional flexibility with an additional bedroom, a 3-piecebathroom, and a separate side entrance-ideal for extended family, in-laws, or investors seeking income potential. Completing the home is a spacious 2-car garage and a private backyard perfect for relaxing or entertaining. Ideally located just minutes from Meadowvale GO Station, Highways 403 and 407, Erin Mills Town Centre, theatres, community centres, top-rated schools, and Credit Valley Hospital. A fantastic opportunity in one of Mississauga's most sought-after neighbourhoods!

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

Closing Costs

Mortgage Amount
$847,920
Land Transfer Taxes$17,673
Legal Fees (Est.)
$
Total cash required for closing$231,153

Total Monthly Obligation

$5,154/mo
Mortgage $4,275
Monthly Loss $4,029
Principal$1,125
Interest$3,150
Property Tax$504
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.4%1
5-Year IRR
7.4%20
10-Year IRR
8.6%
Returns Index
11.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$42,420/yr
NOI
$27,630/yr
Net Cash Flow
-$1,973/mo
Cash Margin
-55.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.545
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo29
Risk Index
17.6/ 100

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

Comparables

Properties near 6346 Neuchatel Road

Time

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