1511 Leda Avenue, Mississauga

$1,545,000
1511 Leda Avenue

$1,545,000

New
17d
DetachedBungalow

1511 Leda Avenue, Mississauga

Total Monthly Obligation $7,377

Beds
4
Baths
3
Park
6
Sqft
1100-1500
DOM
17d
Score
16
Yield
4.1%
Cash on Cash
-6.0%
Cap Rate
3.3%
5Y IRR
10.9%
10Y IRR
10.9%
Property Type-Detached
MLS® Number-W13868636
Beds-4
Bathrooms-3
Size-1100-1500 sqft
Lot Size-60 × 140 ft
Listed on site-Oct 6, 2026
Style-Bungalow
Building Type-Detached
Age-31-50
Taxes-$9,236.28 (2026)
Parking-8 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-Royal Lepage Real Estate Associates, Larose Team
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick
Roof-Shingles
Foundation-Block
Sewer-Sewer
Possession-TBA
Neighbourhood-Mineola
Title-Residential Freehold

No agent assigned

Nestled in the highly sought-after Mineola East neighborhood, this spacious bungalow seamlessly blends charming design with modern updates, offering the perfect setting for today's family. With 3+1 bedrooms and 3 bathrooms, this home provides ample space and comfort for everyone. Step inside to discover just over 2,500 sq. ft. of total living space (as per floor plan attached), including a large living room bathed in natural light, perfect for gatherings or quiet evenings. The designated dining room is ideal for hosting, while the updated kitchen features Corian counters, a stone backsplash, new appliances and Merbau hardwood flooring, adding both elegance and warmth. The large finished basement offers even more space for entertainment, relaxation, office or home gym. The spacious layout includes two staircases for flow and function and a walk-out to the sizeable backyard, which is perfect for recreation or outdoor dining. The front porch, surrounded by beautiful mature trees, invites you to enjoy your mornings with coffee or evenings with a glass of wine.The double-car garage and abundance of storage ensure plenty of space for all your needs. Perfectly located for a quick highway commute or a visit to Port Credit Village for a stroll along the lake, this home combines convenience with the peaceful solitude of a beautiful high-end neighbourhood. A great school district, single level living and the comfort of community. This is more than a house - it's a place where any family demographic can flourish. Don't miss the opportunity to make it yours!

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

Closing Costs

Mortgage Amount
$1,236,000
Land Transfer Taxes$27,375
Legal Fees (Est.)
$
Total cash required for closing$337,875

Total Monthly Obligation

$7,377/mo
Mortgage $6,232
Monthly Loss $5,737
Principal$1,640
Interest$4,592
Property Tax$770
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.4%1
5-Year IRR
8.2%24
10-Year IRR
9.1%
Returns Index
13.3/ 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
$63,588/yr
NOI
$43,493/yr
Net Cash Flow
-$2,608/mo
Cash Margin
-49.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
1.3 mo21
Risk Index
15.1/ 100

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

Comparables

Properties near 1511 Leda Avenue

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.