519 Hancock Way, Mississauga

$3,150,000
519 Hancock Way

$3,150,000

New
22d
Detached2-Storey

519 Hancock Way, Mississauga

Total Monthly Obligation $14,244

Beds
6
Baths
6
Park
4
Sqft
3500-5000
DOM
22d
Score
15
Yield
3.4%
Cash on Cash
-8.1%
Cap Rate
2.8%
5Y IRR
9.2%
10Y IRR
9.6%
Property Type-Detached
MLS® Number-W13849776
Beds-6
Bathrooms-6
Size-3500-5000 sqft
Lot Size-66 × 130 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Detached
Taxes-$13,957 (2025)
Parking-6 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-Inground
Facing-West
Exterior-Vinyl Siding
Roof-Shingles
Foundation-Unknown
Sewer-Sewer
Possession-FLEX 60-90
Neighbourhood-Lorne Park
Title-Residential Freehold

No agent assigned

Welcome to refined family living in Watercolours, one of Lorne Park's most sought-after executive communities. Nestled on a quiet dead-end cul-de-sac in the prestigious Lorne Park school district, this beautifully renovated upscale residence offers timeless elegance, exceptional craftsmanship, and resort-style outdoor living. A stately façade and impeccable curb appeal set the tone, while rich new walnut flooring welcomes you into a thoughtfully designed interior. The formal living room, complete with a classic fireplace, flows seamlessly into the spacious formal dining room-perfect for elegant entertaining. The heart of the home is the stunning designer kitchen, expertly renovated with premium Wolf appliances, a Sub-Zero fridge and a sunlit breakfast area overlooking the backyard oasis. Expansive windows frame lush landscaping like living artwork, filling the home with natural light and serene privacy. Adjacent to the kitchen, the inviting family room features a striking stone-tiled fireplace, creating the perfect gathering space. A private main floor office, beautifully renovated laundry room and direct garage access complete the main level. Upstairs, five generous bedrooms provide exceptional family comfort. The luxurious primary retreat is truly magazine-worthy, showcasing a spa-inspired ensuite and an oversized custom walkin closet.Three additional bedrooms include a stylish 3piece ensuite and a fifth bedroom, ideal as a nursery, office or private guest suite.The fully finished lower level is designed for elevated entertaining and multigenerational living, featuring soaring ceilings, a dramatic two-sided fireplace, custom wet bar, built-in speakers, bench seating, a sixth bedroom with private 3piece ensuite, plus an additional powder room.Step outside to your private backyard sanctuary, complete with a sparkling inground pool, professionally landscaped gardens, multiplesitting areas and full fencing for privacy & peace of mind.Walk to the Lake. Luxury Certified

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$2,520,000
Land Transfer Taxes$65,225
Legal Fees (Est.)
$
Total cash required for closing$696,725

Total Monthly Obligation

$14,244/mo
Mortgage $12,706
Monthly Loss $10,901
Principal$3,344
Interest$9,363
Property Tax$1,163
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.9%1
5-Year IRR
7.0%18
10-Year IRR
8.2%
Returns Index
10.4/ 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
$107,952/yr
NOI
$78,700/yr
Net Cash Flow
-$6,148/mo
Cash Margin
-68.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
0.7 mo14
Risk Index
12.3/ 100

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

Comparables

Properties near 519 Hancock Way

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.

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Data last updated within the past 24 hours.