3451 Lincove Terrace, Mississauga

$1,225,000
3451 Lincove Terrace

$1,225,000

Price Change
23d
DetachedSidesplit

3451 Lincove Terrace, Mississauga

Total Monthly Obligation $6,023

Beds
4
Baths
3
Park
2
Sqft
2000-2500
DOM
23d
Score
19
Yield
5.1%
Cash on Cash
-2.1%
Cap Rate
4.1%
5Y IRR
13.9%
10Y IRR
13.3%
Property Type-Detached
MLS® Number-W13843554
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-48.54 × 120.16 ft
Listed on site-Sep 30, 2026
Style-Sidesplit
Building Type-Detached
Age-51-99
Taxes-$8,474.75 (2026)
Parking-4 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Applewood
Title-Residential Freehold

No agent assigned

Loving Lincove! Welcome to Lincove Terr! Tucked into a quiet enclave on one of the most sought-after streets in Applewood Hills - one of Mississauga's oldest and most established family neighbourhoods - this home offers the rare combination of space, character, and an unbeatable location. The main level features expansive principal rooms, including a spacious living room that flows into the dining area, plus an eat-in kitchen with a dedicated breakfast nook. Tastefully upgraded throughout while maintaining its original charm, the home is drenched in natural light all day long, with expansive windows and new light fixtures at every turn. Upstairs, you'll find three spacious bedrooms, including a primary retreat complete with its own ensuite, plus an additional full bathroom with double sinks. The lower level includes a large family room with a cozy fireplace and a direct walkout to the premium-sized, professionally manicured yard, plus a separate laundry room for everyday convenience. The basement offers even more room to spread out with an additional recreation room ideal for a playroom, games area, or home gym, plus another bedroom that works beautifully as a nanny or in-law suite. Complete with a double-car garage and set on a beautiful quiet, tree-lined street, this is Applewood Hills living at its best. Walk to schools, shopping, parks, and transit, with a short drive to Highway 403, Square One, and downtown Mississauga. Homes like this - in a neighbourhood this connected and this family-friendly - don't come along often.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$980,000
Land Transfer Taxes$20,975
Legal Fees (Est.)
$
Total cash required for closing$267,475

Total Monthly Obligation

$6,023/mo
Mortgage $4,941
Monthly Loss $4,722
Principal$1,300
Interest$3,641
Property Tax$706
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%23
Cash-on-Cash
-6.1%2
5-Year IRR
10.8%41
10-Year IRR
11.2%
Returns Index
21.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$62,568/yr
NOI
$43,336/yr
Net Cash Flow
-$1,330/mo
Cash Margin
-25.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo24
Risk Index
18.0/ 100

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

Comparables

Properties near 3451 Lincove Terrace

Time

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