3668 Colonial Drive, Mississauga

$1,178,800
3668 Colonial Drive

$1,178,800

New
16d
Detached2-Storey

3668 Colonial Drive, Mississauga

Total Monthly Obligation $5,693

HausQ Valuation Report
Beds
3
Baths
4
Park
2
Sqft
1500-2000
DOM
16d
Score
16
Yield
4.0%
Cash on Cash
-6.3%
Cap Rate
3.2%
5Y IRR
10.6%
10Y IRR
10.7%
Property Type-Detached
MLS® Number-W13873418
Beds-3
Bathrooms-4
Size-1500-2000 sqft
Lot Size-56.25 × 115.24 ft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$6,755.87 (2026)
Parking-4 - Attached
Basement-Partially Finished
Heating-Forced Air (Wood)
Brokerage-RE/MAX ABOUTOWNE REALTY CORP.
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Erin Mills
Title-Residential Freehold

No agent assigned

Gorgeous detached with double car garage located on large private lot in desirable Erin Mills!! This home features 3 bedrooms, 3+1 baths & partially finished basement ready for your final touches! The main level with hardwood floor throughout has Living/Dining Room, Kitchen & cozy Family Room with woodburning fireplace & walk out to oversized backyard. The modern Kitchen comes complete with good quality appliances& pot lights. Convenient main floor laundry/mud room with direct access to double car garage. A 2 pc powder room completes the main floor. The upper level features 3 generous sized bedrooms, with the primary Bedroom offering a walk-in closet & luxurious 5-piece ensuite with double sink. All 4 bathrooms have been recently renovated. The partially finished lower level includes a recently added 3pc bath & is framed ready for your personal choices. The double car garage & private double drive offers parking for 4 cars.Minutes to Shopping Malls, Costco, Restaurants, Schools, Parks/Playground, Community Centre, Public Transit. Easy access to QEW & 403.

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

Closing Costs

Mortgage Amount
$943,040
Land Transfer Taxes$20,051
Legal Fees (Est.)
$
Total cash required for closing$257,311

Total Monthly Obligation

$5,693/mo
Mortgage $4,755
Monthly Loss $4,442
Principal$1,251
Interest$3,504
Property Tax$563
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.0%1
5-Year IRR
7.7%22
10-Year IRR
8.8%
Returns Index
12.1/ 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
$47,700/yr
NOI
$31,674/yr
Net Cash Flow
-$2,115/mo
Cash Margin
-53.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
16.7/ 100

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

Comparables

Properties near 3668 Colonial Drive

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.