174 Queen Street W, Mississauga

$1,199,000
174 Queen Street W

$1,199,000

New
22d
Detached2-Storey

174 Queen Street W, Mississauga

Total Monthly Obligation $5,850

Beds
3
Baths
4
Park
2
Sqft
1500-2000
DOM
22d
Score
16
Yield
4.1%
Cash on Cash
-6.2%
Cap Rate
3.3%
5Y IRR
10.7%
10Y IRR
10.8%
Property Type-Detached
MLS® Number-W13851698
Beds-3
Bathrooms-4
Size-1500-2000 sqft
Lot Size-37.53 × 104.56 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Detached
Taxes-$7,658.82 (2026)
Parking-3 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-SOTHEBY'S INTERNATIONAL REALTY CANADA
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-Port Credit
Title-Residential Freehold

No agent assigned

Welcome to 174 Queen Street West, a superb detached, fully renovated 3-bedroom home in coveted Lorne Park that offers so much. As of this September, 174 Queen St West entered the catchment of Lorne Park Secondary School. For families that have been tracking that boundary, this is significant. A large front yard with a generous patio area greets you on arrival, offering one of two private outdoor areas that are made for relaxing and entertaining. Step through the front foyer, past the powder room, and into a bright, modern kitchen with a breakfast island area and sliding glass walk-out to the patio. The main floor carries its full weight: formal living and dining rooms, a convenient laundry room, and direct access to the attached garage. The sunken living room centres around a gas fireplace and opens through a second sliding glass walk-out to an enormous and enviable multi-level back deck with a gas line for summer barbeques. Upstairs, the primary bedroom is spacious with a 3-piece ensuite and walk-in closet, accompanied by two well-sized additional bedrooms and a 4-piece bath. The basement is ready for enjoying: high ceilings; a generous recreation room with full wet bar, fridge & dishwasher; a media room area that could be enclosed to be a 4th bedroom; a 2-piece bathroom with room for expansion into a 3-piece, and ample storage throughout. All located a short distance to Port Credit, close to coveted schools, Lake Ontario, the Waterfront Trail, parks and area shops. Just a 5-minute drive to the Port Credit GO station and easy access to the QEW for commutes to Toronto. This is wonderful Lorne Park and Port Credit lifestyle living, now within one of the most coveted school catchments in the region.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$959,200
Land Transfer Taxes$20,455
Legal Fees (Est.)
$
Total cash required for closing$261,755

Total Monthly Obligation

$5,850/mo
Mortgage $4,836
Monthly Loss $4,577
Principal$1,273
Interest$3,564
Property Tax$638
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.9%1
5-Year IRR
7.8%22
10-Year IRR
8.9%
Returns Index
12.3/ 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
$49,632/yr
NOI
$32,510/yr
Net Cash Flow
-$2,127/mo
Cash Margin
-51.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo25
Risk Index
16.5/ 100

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

Comparables

Properties near 174 Queen Street W

Time

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