1847 Will Scarlett Drive, Mississauga

$1,849,900
1847 Will Scarlett Drive

$1,849,900

New
7d
DetachedBungalow-Raised

1847 Will Scarlett Drive, Mississauga

Total Monthly Obligation $8,787

Beds
4
Baths
3
Park
8
Sqft
1500-2000
DOM
7d
Score
14
Yield
3.1%
Cash on Cash
-10.7%
Cap Rate
2.3%
5Y IRR
7.2%
10Y IRR
8.1%
Property Type-Detached
MLS® Number-W14089156
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-100 × 150 ft
Listed on site-Oct 16, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$11,401.2 (2026)
Parking-10 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-FOREST HILL REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-Wood, Living Room, Family Room
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Sewer
Possession-T.B.A
Neighbourhood-Sheridan
Title-Residential Freehold

No agent assigned

Prime 100 X 150 Ft Lot In Mississauga's Prestigious Sherwood Forrest Community! Surrounded By Mature Trees And Custom Homes, This Property Offers Incredible Potential To Renovate, Expand Or Build Your Dream Home. Long Private Driveway With Parking For Up To 8 Vehicles Plus An Attached Double Garage. Versatile Split-Level Layout With Separate Access To Upper And Lower Levels, Ideal For Multi-Generational Living. Bright, Open-Concept Living And Dining Area With Hardwood Floors And Wood-Burning Fireplace. Spacious Eat-In Kitchen With Updated Appliances And Ample Cabinetry. Three Generous Bedrooms, Including A Primary With Ensuite, Plus A Second Full Bath. Above-Grade Lower Level Features Oversized Windows, A Second Wood-Burning Fireplace, Additional Bedroom, Full Bathroom And Flexible Living Spaces. Conveniently Located Near Top Schools, U Of T Mississauga, Credit Valley Hospital, Parks, Trails, Shopping And Major Highways. An Exceptional Opportunity In One Of Mississauga's Most Desirable Neighbourhoods!

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

Closing Costs

Mortgage Amount
$1,479,920
Land Transfer Taxes$33,473
Legal Fees (Est.)
$
Total cash required for closing$404,953

Total Monthly Obligation

$8,787/mo
Mortgage $7,462
Monthly Loss $6,823
Principal$1,964
Interest$5,498
Property Tax$950
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.7%0
5-Year IRR
4.8%10
10-Year IRR
6.6%
Returns Index
6.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$56,640/yr
NOI
$35,075/yr
Net Cash Flow
-$4,539/mo
Cash Margin
-96.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.393
LTV Ratio
80.0%18
Vacancy Buffer
1.1 mo18
Risk Index
13.1/ 100

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

Comparables

Properties near 1847 Will Scarlett Drive

Time

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Data last updated within the past 24 hours.