2516 Willowburne Drive, Mississauga

$1,399,888
2516 Willowburne Drive

$1,399,888

New
7d
Detached2-Storey

2516 Willowburne Drive, Mississauga

Total Monthly Obligation $6,728

Beds
5
Baths
4
Park
6
Sqft
2000-2500
DOM
7d
Score
15
Yield
3.6%
Cash on Cash
-8.4%
Cap Rate
2.8%
5Y IRR
9.0%
10Y IRR
9.4%
Property Type-Detached
MLS® Number-W14086300
Beds-5
Bathrooms-4
Size-2000-2500 sqft
Lot Size-55.68 × 113.94 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Detached
Taxes-$8,478 (2026)
Parking-8 - Built-In
Basement-Apartment, Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Central Erin Mills
Title-Residential Freehold

No agent assigned

Welcome to an impressive income generating executive detached home situated on a premium corner lot in the highly sought-after Central Erin Mills community. Legal Basmenet Apartment with an updated Electrical Panel in 2023. This over 2,700 sq. ft. of living space home features 5 spacious bedrooms, 4 updated bathrooms, Stunning Kit. W/ All S/S Appl W/ Quartz Counters & Carrara Marble Herringbone Tile Bplash (2020). main & 2nd floor Baths Reno'd(2020) . Hdwd Flooring, Windows, & Pot Lights Throughout The Main (2020) Freshly Painted. W/OT To A Newly Built Wooden Deck (2020) . AC, Furnace and Tankless Hot water Tank (2021), Roof(2017) . The spacious primary bedroom is filled with natural light from three windows. Enjoy exceptional curb appeal with a large front yard, double garage, and an extended stone driveway(2022) accommodating up to 6 vehicles. The private backyard is surrounded by mature trees, offering beautiful greenery and excellent privacy. The legal one-bedroom basement apartment includes a living room, full bathroom, and legal separate side entrance with legal windows-ideal for extended family or additional income. Conveniently located near parks, trails, Erin Mills shopping center, restaurants, major highways, and highly ranked schools, including John Fraser Secondary School and St. Aloysius Gonzaga Secondary School. A wonderful opportunity in one of Mississauga's most desirable neighbourhoods!

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

Closing Costs

Mortgage Amount
$1,119,910
Land Transfer Taxes$24,473
Legal Fees (Est.)
$
Total cash required for closing$305,951

Total Monthly Obligation

$6,728/mo
Mortgage $5,647
Monthly Loss $5,242
Principal$1,486
Interest$4,161
Property Tax$707
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
9.1/ 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
$50,400/yr
NOI
$32,382/yr
Net Cash Flow
-$2,948/mo
Cash Margin
-70.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo22
Risk Index
15.0/ 100

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

Comparables

Properties near 2516 Willowburne 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.