668 Driftcurrent Drive, Mississauga

$1,229,000
668 Driftcurrent Drive

$1,229,000

New
23d
Detached2-Storey

668 Driftcurrent Drive, Mississauga

Total Monthly Obligation $5,954

HausQ Valuation Report
Beds
5
Baths
4
Park
2
Sqft
1500-2000
DOM
23d
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-W13843000
Beds-5
Bathrooms-4
Size-1500-2000 sqft
Lot Size-32.25 × 106.72 ft
Listed on site-Sep 30, 2026
Style-2-Storey
Building Type-Detached
Taxes-$7,464 (2025)
Parking-4 - Built-In
Basement-Apartment, Walk-Out
Heating-Forced Air (Gas)
Brokerage-SOTHEBY'S INTERNATIONAL REALTY CANADA
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-Hurontario
Title-Residential Freehold

No agent assigned

Beautiful ravine views, inviting living spaces, and room for the whole family! This beautifully maintained 4-bedroom detached home offers 1,981 sq. ft. in Mississauga's sought-after Hurontario community. The bright, open-concept layout features spacious living and dining areas, a separate family room, and main-floor pot lights. An upgraded kitchen brings together granite countertops, newer upgraded stainless steel appliances, a centre island, and a breakfast area with a walkout to the deck. Enjoy morning coffee, outdoor dining, or simply unwind overlooking the ravine. Upstairs, four bedrooms include a spacious primary suite with a walk-in closet and 4-piece ensuite. The finished walkout basement features separate entrance, an additional bedroom, a generous living/dining area, and a full bathroom. Newer upgraded appliances throughout add everyday convenience. A wonderful opportunity to enjoy comfort, space, and natural surroundings close to Square One, shopping, restaurants, schools, and parks, with easy access to Highways 401 and 403.

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

Closing Costs

Mortgage Amount
$983,200
Land Transfer Taxes$21,055
Legal Fees (Est.)
$
Total cash required for closing$268,355

Total Monthly Obligation

$5,954/mo
Mortgage $4,957
Monthly Loss $4,650
Principal$1,305
Interest$3,653
Property Tax$622
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.2%1
5-Year IRR
7.5%21
10-Year IRR
8.6%
Returns Index
11.7/ 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
$49,320/yr
NOI
$32,424/yr
Net Cash Flow
-$2,255/mo
Cash Margin
-54.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo25
Risk Index
16.3/ 100

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

Comparables

Properties near 668 Driftcurrent Drive

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.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.