983 Parthia Crescent, Mississauga

$1,200,000
983 Parthia Crescent

$1,200,000

New
25d
DetachedBacksplit 3

983 Parthia Crescent, Mississauga

Total Monthly Obligation $5,816

Beds
3
Baths
2
Park
4
Sqft
1100-1500
DOM
25d
Score
16
Yield
3.9%
Cash on Cash
-7.1%
Cap Rate
3.1%
5Y IRR
10.0%
10Y IRR
10.2%
Property Type-Detached
MLS® Number-W13833562
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-51 × 149 ft
Listed on site-Sep 28, 2026
Style-Backsplit 3
Building Type-Detached
Taxes-$7,201.9 (2026)
Parking-4 - Carport
Basement-Finished, Crawl Space
Heating-Forced Air (Gas)
Brokerage-ORIGIN COLLECTIVE REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-Inground, Salt
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Sewer
Possession-30/60
Neighbourhood-Applewood
Title-Residential Freehold

No agent assigned

Welcome to this gorgeously updated, lovingly maintained SHIPP-built back-split, nestled on an exceptionally spacious and private lot in Mississauga's highly coveted Applewood community! From the moment you step inside, the home wraps you in warmth and elegance with gleaming, refinished hardwood floors and an abundance of brilliant natural light pouring through oversized windows. At the heart of the residence is a stunning, newly remodelled chef's kitchen featuring rich granite countertops and top-tier appliances including a stainless steel oven, cooktop, microwave, warming drawer, and dishwasher. Whether you are hosting grand holiday gatherings or enjoying quiet weekday dinners, this space is built for effortless entertaining and everyday joy. The versatile layout flows seamlessly down to a cozy, inviting lower-level recreation room anchored by a rustic stone gas fireplace, perfect for family movie nights or unwinding on crisp evenings. Brand-new laminate flooring adds a sleek, modern touch, while thoughtfully updated bathrooms and pristine finishes across every level ensure a true move-in-ready feel. Step out back into your personal sanctuary, a private backyard oasis designed for unforgettable summer memories! The sprawling, lushly landscaped lot centers around a sparkling, heated "Lazy L" saltwater pool. Offering a gentler, silky-smooth swim that is easy on the skin and eyes, this resort-style setting is ready for sun-drenched afternoons, poolside barbecues, and relaxing evening dips under the stars. This turn-key property comes fully equipped for comfort and peace of mind, featuring central AC, a humidifier, updated furnace, central vacuum, and an upgraded 125-amp electrical panel with circuit breakers and surge protection. Tucked away in a quiet, family-friendly pocket of Applewood just steps from top-rated schools, serene parks, vibrant shopping centres, and major transit routes, this exceptional home offers the ultimate lifestyle upgrade.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$960,000
Land Transfer Taxes$20,475
Legal Fees (Est.)
$
Total cash required for closing$261,975

Total Monthly Obligation

$5,816/mo
Mortgage $4,840
Monthly Loss $4,542
Principal$1,274
Interest$3,567
Property Tax$600
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.7%1
5-Year IRR
7.1%19
10-Year IRR
8.3%
Returns Index
10.8/ 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
$46,728/yr
NOI
$30,353/yr
Net Cash Flow
-$2,311/mo
Cash Margin
-59.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
16.3/ 100

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

Comparables

Properties near 983 Parthia Crescent

Time

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Data last updated within the past 24 hours.