6214 Miriam Way, Mississauga

$1,174,999
6214 Miriam Way

$1,174,999

New
23d
Detached2-Storey

6214 Miriam Way, Mississauga

Total Monthly Obligation $5,666

Beds
5
Baths
4
Park
4
Sqft
1500-2000
DOM
23d
Score
16
Yield
3.9%
Cash on Cash
-7.0%
Cap Rate
3.1%
5Y IRR
10.1%
10Y IRR
10.3%
Property Type-Detached
MLS® Number-W13844734
Beds-5
Bathrooms-4
Size-1500-2000 sqft
Lot Size-36.09 × 89.24 ft
Listed on site-Sep 30, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$6,617 (2025)
Parking-6 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX SKYWAY REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Lisgar
Title-Residential Freehold

No agent assigned

NEW PRICE! Welcome to 6214 Miriam Way, a beautifully updated 3+2 bedroom, 4-bathroom detached home in the sought-after Lisgar community of Mississauga. Offering a spacious and versatile layout, double-car garage and finished lower level with two additional bedrooms and kitchenette, this home is ideal for growing families, multi-generational living or those looking for extra space and flexibility.The bright main level features large picture windows, spacious living and dining areas, and a functional eat-in kitchen enhanced by brand-new pot lights and elegant crown moulding throughout the living, dining, family and kitchen areas. The inviting family room provides a comfortable space for everyday living and entertaining. Upstairs, three generously sized bedrooms and two 4-piece bathrooms include a spacious primary bedroom with private ensuite and relaxing soaker tub.The finished lower level offers two additional bedrooms, a kitchenette and versatile living space, perfect for extended family, guests, teenagers, a home office or additional recreation space. Numerous updates include beautiful hardwood flooring, new tiles, a brand-new front door and upgraded pot lights. Major improvements include a newer roof, newer furnace and brand-new A/C, providing added comfort and peace of mind. Situated in a family-friendly Lisgar neighbourhood close to excellent schools, parks, trails and everyday amenities. Enjoy convenient access to Hwy 407, Costco, Walmart, Winners, shopping, dining and recreational facilities. A spacious, well-maintained home offering an excellent combination of location, updates, parking and flexible living space.

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

Closing Costs

Mortgage Amount
$939,999
Land Transfer Taxes$19,975
Legal Fees (Est.)
$
Total cash required for closing$256,475

Total Monthly Obligation

$5,666/mo
Mortgage $4,740
Monthly Loss $4,419
Principal$1,247
Interest$3,492
Property Tax$551
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.6%1
5-Year IRR
7.2%19
10-Year IRR
8.4%
Returns Index
11.0/ 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
$45,732/yr
NOI
$30,042/yr
Net Cash Flow
-$2,236/mo
Cash Margin
-58.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
16.6/ 100

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

Comparables

Properties near 6214 Miriam Way

Time

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Data last updated within the past 24 hours.