3284 Hornbeam Crescent, Mississauga

$850,000
3284 Hornbeam Crescent

$850,000

New
25d
Semi-Detached Backsplit 3

3284 Hornbeam Crescent, Mississauga

Total Monthly Obligation $4,250

Beds
3
Baths
2
Park
2
Sqft
1100-1500
DOM
25d
Score
17
Yield
4.2%
Cash on Cash
-6.0%
Cap Rate
3.3%
5Y IRR
10.8%
10Y IRR
10.9%
Property Type-Semi-Detached
MLS® Number-W13835150
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-30 × 150 ft
Listed on site-Sep 28, 2026
Style-Backsplit 3
Building Type-Semi-Detached
Taxes-$5,352.47 (2026)
Parking-2 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX PROFESSIONALS INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-West
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-60-90 Days
Neighbourhood-Erin Mills
Title-Residential Freehold

No agent assigned

Welcome to this bright and beautiful semi-detached home in the heart of Erin Mills! Offering a spacious, sun-filled layout, this inviting home features 3 bedrooms and 2 full bathrooms, with plenty of room for comfortable family living and entertaining. The living and dining rooms showcase rich hardwood floors and generous living space. The bright kitchen features a sliding-door walkout to the deck, making summer barbecues and outdoor entertaining a breeze. The adjoining breakfast area overlooks the warm and welcoming family room, complete with a cozy gas fireplace and large above-grade windows that fill the space with natural light. Additional features include a convenient crawl space providing excellent storage, as well as a separate laundry room with a full-size washer and dryer and laundry sink. Step outside to enjoy the large, fully fenced backyard with desirable west exposure, a charming garden feature, and no rear neighbours-offering privacy and plenty of space to relax, play, and entertain. Improvements in past year include new Central Air, refurbished Gas Furnace, new Driveway, new windows in Kitchen and all Bedrooms, Updated Main Bath. Situated on a quiet, family-friendly street, this home is within easy walking distance of Tim Hortons, Shoppers Drug Mart, Food Basics, Walmart, and South Common Mall. Nearby schools include Brookmede Public School, St. Margaret of Scotland Catholic School, and Erin Mills Middle School. Enjoy convenient access to the 403, 407, and QEW, along with an abundance of nearby parks, trails, and a community centre. A wonderful opportunity to live in a welcoming neighbourhood with comfort, convenience, and plenty of space to call home!

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

Closing Costs

Mortgage Amount
$680,000
Land Transfer Taxes$13,475
Legal Fees (Est.)
$
Total cash required for closing$184,975

Total Monthly Obligation

$4,250/mo
Mortgage $3,429
Monthly Loss $3,347
Principal$902
Interest$2,526
Property Tax$446
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.2%1
5-Year IRR
7.6%21
10-Year IRR
8.7%
Returns Index
11.7/ 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
$35,880/yr
NOI
$22,440/yr
Net Cash Flow
-$1,559/mo
Cash Margin
-52.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
19.9/ 100

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

Comparables

Properties near 3284 Hornbeam Crescent

Time

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