2673 Thorn Lodge Drive, Mississauga

$1,199,999
2673 Thorn Lodge Drive

$1,199,999

New
21d
DetachedSidesplit 4

2673 Thorn Lodge Drive, Mississauga

Total Monthly Obligation $5,862

Beds
6
Baths
3
Park
3
Sqft
1100-1500
DOM
21d
Score
15
Yield
3.7%
Cash on Cash
-8.3%
Cap Rate
2.8%
5Y IRR
9.0%
10Y IRR
9.5%
Property Type-Detached
MLS® Number-W13855754
Beds-6
Bathrooms-3
Size-1100-1500 sqft
Lot Size-69.6 × 124.82 ft
Listed on site-Oct 2, 2026
Style-Sidesplit 4
Building Type-Detached
Taxes-$7,754 (2025)
Parking-5 - Attached
Basement-Finished, Full, Apartment
Heating-Forced Air (Gas)
Brokerage-RE/MAX SKYWAY REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-Above Ground
Facing-West
Exterior-Aluminum Siding, Brick
Roof-Other
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Sheridan
Title-Residential Freehold

No agent assigned

**PRIME CORNER LOT! OVER 2,500 SQ. FT. OF FINISHED LIVING SPACE!** Welcome to this exceptional 4-level sidesplit in highly sought-after Sheridan Homelands, sitting on an impressive **69 x 124 ft. corner lot** with an incredible backyard retreat. **A rare opportunity to own a spacious family home with a pool, hot tub, gazebo, double garage and parking for 3 additional vehicles in one of Mississauga's most established neighbourhoods.** Freshly painted throughout with updated light fixtures, this sun-filled home offers spacious principal rooms, an inviting living and dining area, and a bright eat-in kitchen with a walkout to the backyard. The generous primary bedroom features convenient semi-ensuite access, while the expansive family room showcases a cozy wood-burning fireplace, perfect for relaxing evenings and entertaining. The finished lower level includes two additional bedrooms and versatile space ideal for extended family, guests, a home office, or potential income-generating use. Step outside to your private backyard oasis featuring an above-ground pool, hot tub and gazebo, creating an exceptional setting for summer entertaining and year-round enjoyment. Additional highlights include abundant storage, a double-car garage, and an extra-wide driveway with parking for three additional vehicles. Located in the heart of Sheridan Homelands, close to highly regarded schools, parks, playgrounds, scenic walking trails, Costco, shopping, restaurants, GO Transit, public transit, and major highways including the QEW, 403 and 407. **Don't miss this opportunity to own a premium corner-lot property offering space, flexibility and an incredible backyard lifestyle in one of Mississauga's established family communities.**

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$959,999
Land Transfer Taxes$20,475
Legal Fees (Est.)
$
Total cash required for closing$261,975

Total Monthly Obligation

$5,862/mo
Mortgage $4,840
Monthly Loss $4,588
Principal$1,274
Interest$3,567
Property Tax$646
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.9%0
5-Year IRR
6.3%15
10-Year IRR
7.7%
Returns Index
8.9/ 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
$44,100/yr
NOI
$27,436/yr
Net Cash Flow
-$2,554/mo
Cash Margin
-69.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.474
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo25
Risk Index
16.0/ 100

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

Comparables

Properties near 2673 Thorn Lodge Drive

Time

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