1476 Carmen Drive, Mississauga

$4,988,888
1476 Carmen Drive

$4,988,888

New
18d
Detached2-Storey

1476 Carmen Drive, Mississauga

Total Monthly Obligation $23,585

Beds
5
Baths
6
Park
10
Sqft
5000 +
DOM
18d
Score
13
Yield
2.4%
Cash on Cash
-14.1%
Cap Rate
1.5%
5Y IRR
4.6%
10Y IRR
6.2%
Property Type-Detached
MLS® Number-W13869174
Beds-5
Bathrooms-6
Size-5000 + sqft
Lot Size-104.72 × 379.76 ft
Listed on site-Oct 5, 2026
Style-2-Storey
Building Type-Detached
Taxes-$37,031 (2025)
Parking-13 - Attached
Basement-Finished with Walk-Out, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE REALTY PLUS
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-Inground
Facing-West
Exterior-Stone
Roof-Cedar, Shake
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Mineola
Title-Residential Freehold

No agent assigned

An exceptional custom residence in the heart of Mineola, designed by David Small and set on a spectacular 105 x 348 ft ravine lot - an incredibly rare opportunity in this highly sought-after neighborhood. This home offers soaring 10' ceilings, vaulted architectural details, heated travertine marble floors, floor-to-ceiling windows, and multiple fireplaces throughout. The gourmet kitchen features heated floors, a large center island, premium buil0in appliances, built=in speakers, and overlooks the breathtaking backyard. The primary bedroom features a coffered ceiling, private balcony, walk-in closet, and a luxurious 6-piece ensuite with heated floors, jacuzzi tub, and steam shower. The lower level is complete with a wine room, gym, wet bar, and dedicated gold simulator room. An additional bedroom with a walkout to the backyard offers the perfect space for guests or extended family. Step outside to your own resort-style backyard featuring an in-ground pool, jacuzzi, mature trees, professional landscaping, and complete privacy with stunning ravine views. A truly rare offering combined luxury, privacy, and timeless design in one of Mississauga's most sought-after neighborhoods.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$3,991,110
Land Transfer Taxes$111,197
Legal Fees (Est.)
$
Total cash required for closing$1,110,475

Total Monthly Obligation

$23,585/mo
Mortgage $20,124
Monthly Loss $18,289
Principal$5,296
Interest$14,828
Property Tax$3,086
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.3%9
Cash-on-Cash
-16.4%0
5-Year IRR
2.8%6
10-Year IRR
5.1%
Returns Index
4.2/ 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
$119,400/yr
NOI
$65,929/yr
Net Cash Flow
-$14,630/mo
Cash Margin
-147.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.272
LTV Ratio
80.0%18
Vacancy Buffer
0.4 mo11
Risk Index
10.5/ 100

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

Comparables

Properties near 1476 Carmen Drive

Time

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