1024 Roosevelt Road, Mississauga

$1,049,900
1024 Roosevelt Road

$1,049,900

New
24d
DetachedBungalow

1024 Roosevelt Road, Mississauga

Total Monthly Obligation $5,462

Beds
5
Baths
2
Park
2
Sqft
700-1100
DOM
24d
Score
15
Yield
3.7%
Cash on Cash
-9.6%
Cap Rate
2.5%
5Y IRR
8.0%
10Y IRR
8.7%
Property Type-Detached
MLS® Number-W13838400
Beds-5
Bathrooms-2
Size-700-1100 sqft
Lot Size-57.83 × 167.92 ft
Listed on site-Sep 29, 2026
Style-Bungalow
Building Type-Detached
Taxes-$10,226.27 (2026)
Parking-3 - Attached
Basement-Apartment, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-REAL BROKER ONTARIO LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Lakeview
Title-Residential Freehold

No agent assigned

An exceptional opportunity in the heart of Lakeview, offering nearly 60 feet of frontage and an impressive lot extending approximately 168 feet deep. Whether you're a builder searching for your next project, an investor looking for flexibility, or an end user with a vision for the future, this property offers possibilities that are increasingly difficult to find in the area. The existing bungalow provides immediate usability with 3 bedrooms on the main level, while the lower level features a separate entrance, 2 additional bedrooms, a kitchen and bathroom, creating added flexibility for extended family or investment use. Surrounded by significant redevelopment and custom homes, and ideally located minutes from Port Credit, the waterfront, parks, schools, shopping, GO Transit and major commuter routes. Enjoy the property today, explore its income potential, or take advantage of the substantial lot and envision something entirely new. A rare combination of land, location and opportunity in one of Mississauga's most evolving neighbourhoods.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$839,920
Land Transfer Taxes$17,473
Legal Fees (Est.)
$
Total cash required for closing$228,953

Total Monthly Obligation

$5,462/mo
Mortgage $4,235
Monthly Loss $4,348
Principal$1,114
Interest$3,121
Property Tax$852
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.4%0
5-Year IRR
5.2%11
10-Year IRR
6.9%
Returns Index
7.0/ 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
$39,300/yr
NOI
$20,644/yr
Net Cash Flow
-$2,515/mo
Cash Margin
-76.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.413
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo27
Risk Index
16.3/ 100

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

Comparables

Properties near 1024 Roosevelt Road

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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Data last updated within the past 24 hours.