5892 Glen Erin Drive, Mississauga

$1,699,900
5892 Glen Erin Drive

$1,699,900

New
15d
Detached2-Storey

5892 Glen Erin Drive, Mississauga

Total Monthly Obligation $8,134

Beds
5
Baths
5
Park
5
Sqft
3000-3500
DOM
15d
Score
15
Yield
3.6%
Cash on Cash
-8.6%
Cap Rate
2.7%
5Y IRR
8.8%
10Y IRR
9.3%
Property Type-Detached
MLS® Number-W13878098
Beds-5
Bathrooms-5
Size-3000-3500 sqft
Lot Size-46.11 × 147.86 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$10,821 (2026)
Parking-7 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE REALTY PLUS OAKVILLE
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-Inground
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-60 Days/TBA
Neighbourhood-Central Erin Mills
Title-Residential Freehold

No agent assigned

Beautiful 3500 square foot home in desirable Central Erin Mills situated on a 46.11 by 146 foot lot with inground pool and thousands spent in landscaping! Your private oasis with mature trees, glistening pool, gazebo and beautiful stonework! Spacious floorplan with main floor den, 4 bedrooms and 3 full bathrooms on upper floor, every bedroom has private access to a bathroom. Strip Hardwood flooring throughout and solid wood staircases! (Carpet free!) Professionally finished basement with gas fireplace, pot lighting, wet bar and bedroom/exercise room! Over 5579 square feet of living space! Walk to highly rated schools Our lady of Mercy, Castlebridge, Thomas Middle and high schools St Aloysius Gonzaga & John Fraser! Minutes to highways 403, 407 & 401, Credit Valley hospital, Erin Mills TC & Streetsville GO! Neutral decor shows well. Roof reshingled 2017.

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

Closing Costs

Mortgage Amount
$1,359,920
Land Transfer Taxes$30,473
Legal Fees (Est.)
$
Total cash required for closing$371,953

Total Monthly Obligation

$8,134/mo
Mortgage $6,857
Monthly Loss $6,329
Principal$1,804
Interest$5,053
Property Tax$902
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.8%0
5-Year IRR
6.3%15
10-Year IRR
7.7%
Returns Index
9.0/ 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
$60,480/yr
NOI
$39,111/yr
Net Cash Flow
-$3,598/mo
Cash Margin
-71.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
1.2 mo19
Risk Index
13.9/ 100

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

Comparables

Properties near 5892 Glen Erin Drive

Time

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