2467 Grindstone Court, Mississauga

$1,069,000
2467 Grindstone Court

$1,069,000

New
22d
Detached2-Storey

2467 Grindstone Court, Mississauga

Total Monthly Obligation $5,224

Beds
3
Baths
3
Park
4
Sqft
1500-2000
DOM
22d
Score
17
Yield
4.2%
Cash on Cash
-5.7%
Cap Rate
3.4%
5Y IRR
11.1%
10Y IRR
11.1%
Property Type-Detached
MLS® Number-W13850282
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-40.03 × 122.18 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$6,441 (2025)
Parking-5 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL EST
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Natural Gas
Pool-None
Facing-North
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Erin Mills
Title-Residential Freehold

No agent assigned

Welcome to 2467 Grindstone Crt - a beautifully renovated, move-in-ready home that delivers the perfect combination of style, comfort and functionality. From the moment you step inside, you'll appreciate the bright, inviting feel and thoughtful updates throughout. Freshly painted in 2025, this home is ready for its next owners to simply unpack and enjoy.The main floor is warm and welcoming, featuring beautiful bamboo flooring that flows through the principal living spaces and creates a polished, contemporary feel. The dining room is enhanced by custom built-in cabinetry, offering an impressive combination of character, display space and practical storage. Head upstairs and discover one of the home's standout features - a spacious second-floor family room. This fantastic bonus space offers endless possibilities. It's the kind of flexible living space that makes a home work beautifully for every stage of life. Upstairs, you'll also find 3 spacious bedrooms, including a comfortable primary retreat with its own 2-piece ensuite. The fully finished basement provides even more versatile living space - ideal for a recreation room, home gym, games area, guest space or entertainment zone. With multiple levels of finished living space, this home offers plenty of room for the whole family. Beautifully renovated, freshly updated and thoughtfully designed, this home offers the turnkey lifestyle everyone is looking for. With its inviting interiors, custom details, flexible family spaces and finished basement, this is a home you can move into with confidence and start enjoying from day one. Located in an established Mississauga neighbourhood of Erin Mills, close to parks, schools, shopping, restaurants and everyday amenities, with convenient access to public transit and major commuter routes. Beautifully updated, thoughtfully designed and truly move-in ready - 2467 Grindstone Crt is the one you've been waiting for.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$855,200
Land Transfer Taxes$17,855
Legal Fees (Est.)
$
Total cash required for closing$233,155

Total Monthly Obligation

$5,224/mo
Mortgage $4,312
Monthly Loss $4,089
Principal$1,135
Interest$3,177
Property Tax$537
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.6%1
5-Year IRR
8.0%23
10-Year IRR
9.0%
Returns Index
13.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$45,168/yr
NOI
$29,710/yr
Net Cash Flow
-$1,836/mo
Cash Margin
-48.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo28
Risk Index
17.7/ 100

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

Comparables

Properties near 2467 Grindstone Court

Time

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Data last updated within the past 24 hours.