1499 Ashington Court, Mississauga

$1,998,000
1499 Ashington Court

$1,998,000

New
21d
DetachedBungalow

1499 Ashington Court, Mississauga

Total Monthly Obligation $9,650

Beds
3
Baths
2
Park
8
Sqft
1100-1500
DOM
21d
Score
13
Yield
2.5%
Cash on Cash
-14.0%
Cap Rate
1.6%
5Y IRR
4.7%
10Y IRR
6.2%
Property Type-Detached
MLS® Number-W13857764
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-51.53 × 364.03 ft
Listed on site-Oct 2, 2026
Style-Bungalow
Building Type-Detached
Taxes-$14,588.75 (2026)
Parking-10 - Attached
Basement-Finished, Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick
Roof-Flat
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Erindale
Title-Residential Freehold

No agent assigned

Welcome to 1499 Ashington Crt, True Muskoka In The City!, an exceptionally rare ravine property tucked away on a quiet cul de sac in the prestigious Credit Woodlands. Set on one of the area's most spectacular pie shaped lots, extending approximately 364 ft Deep and widening to an incredible approximately 246 ft Across The Rear, this is a property that simply cannot be replicated. Backing directly onto the Credit River, the expansive backyard offers breathtaking uninterrupted nature views, incredible privacy, mature trees, abundant wildlife and beautiful natural light throughout the day. A true nature lover's paradise in the heart of Mississauga.Inside, discover stunning European inspired quality and design with an impressive open concept layout created for both everyday living and entertaining. The spectacular kitchen and great room feature soaring cathedral ceilings, skylights, a custom backsplash, centre island and walls of natural light overlooking the ravine. The walkout bedrooms provides an effortless connection to the extraordinary grounds. Beyond the existing residence lies remarkable future potential. The sheer scale, width and depth of this magnificent property provide an exceptional opportunity to further enhance, expand or reimagine the home, including the potential to explore a second storey addition or a new custom rebuild. Enjoy the tranquility of cottage country without leaving the city. Minutes to excellent schools, The Woodlands Secondary School, University of Toronto Mississauga, Erindale GO, Riverwood, parks and trails, Square One, shopping, restaurants and major commuter routes including Highway 403. A quiet court. A spectacular Credit River setting. An extraordinary piece of land. Properties of this calibre are seldom offered. 1499 Ashington Court is more than a home. It is a private retreat and a truly one of a kind opportunity in Mississauga.

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

Closing Costs

Mortgage Amount
$1,598,400
Land Transfer Taxes$36,435
Legal Fees (Est.)
$
Total cash required for closing$437,535

Total Monthly Obligation

$9,650/mo
Mortgage $8,059
Monthly Loss $7,529
Principal$2,121
Interest$5,939
Property Tax$1,216
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.3%9
Cash-on-Cash
-16.7%0
5-Year IRR
2.6%6
10-Year IRR
4.9%
Returns Index
4.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
13/ 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
$49,092/yr
NOI
$25,094/yr
Net Cash Flow
-$5,968/mo
Cash Margin
-145.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.262
LTV Ratio
80.0%18
Vacancy Buffer
1.0 mo17
Risk Index
12.4/ 100

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

Comparables

Properties near 1499 Ashington Court

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.