551 Cochise Crescent, Mississauga

$1,798,000
551 Cochise Crescent

$1,798,000

New
6d
DetachedBungalow

551 Cochise Crescent, Mississauga

Total Monthly Obligation $8,814

Beds
4
Baths
3
Park
4
Sqft
1500-2000
DOM
6d
Score
14
Yield
3.0%
Cash on Cash
-11.9%
Cap Rate
2.0%
5Y IRR
6.3%
10Y IRR
7.4%
Property Type-Detached
MLS® Number-W14090872
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-125.27 × 100.3 ft
Listed on site-Oct 17, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$14,240.63 (2026)
Parking-6 - Attached
Basement-Walk-Out
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTY ENTERPRISES INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Stucco (Plaster)
Roof-Metal
Foundation-Concrete
Sewer-Sewer
Possession-60-90 days
Neighbourhood-Lorne Park
Title-Residential Freehold

No agent assigned

Nestled within a picturesque riverfront community surrounded by sprawling estate homes, this timeless bungalow is set on a spacious 125-foot corner lot in one of Lorne Park's most sought-after neighbourhoods. Blending classic design with thoughtful modern updates, this home offers the charm and privacy of an established community with unique flexibility to customize and move in, renovate, expand, or redevelop. Light oak hardwood floors flow throughout the bright, inviting main level. At the heart of the home is the beautifully updated kitchen, featuring porcelain countertops, a large centre island, hidden pantry storage and warm open wood shelving that perfectly balances style andfunction. Open to the kitchen, the welcoming family room features a cozy gas fireplace, creating the perfect gathering space for everyday living and entertaining. Start your mornings watching the sunrise from the airy dining room, complete with a walk-out to the deck, a spiral staircase to the lower level, vaulted ceilings and striking arched windows overlooking the mature, private backyard. A versatile front room offers the flexibility to serve as a home office, den or additional bedroom, complete with a rough-in for a future bathroom.The primary suite features hardwood floors, a walk-in closet and a 4-piece ensuite, while two additional bedrooms provide comfortable accommodation for family or guests. The partially finished walk-out lower level offers outstanding potential, already featuring a 4th bedroom and bathroom, with ample space to create additional living areas, a custom recreation room or an in-law or secondary suite with its own separate entrance. Located in the heart of Lorne Park, you'll enjoy top-rated schools, parks, trails, lakefront amenities and convenient access to Clarkson GO, Port Credit GO and major highways. A rare opportunity to secure a premium property in one of Mississauga's most desirable neighbourhoods and make it your own.

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

Closing Costs

Mortgage Amount
$1,438,400
Land Transfer Taxes$32,435
Legal Fees (Est.)
$
Total cash required for closing$393,535

Total Monthly Obligation

$8,814/mo
Mortgage $7,253
Monthly Loss $6,906
Principal$1,909
Interest$5,344
Property Tax$1,187
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.7%10
Cash-on-Cash
-14.8%0
5-Year IRR
4.0%8
10-Year IRR
6.0%
Returns Index
5.4/ 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
$53,844/yr
NOI
$29,719/yr
Net Cash Flow
-$4,776/mo
Cash Margin
-106.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.343
LTV Ratio
80.0%18
Vacancy Buffer
1.1 mo18
Risk Index
12.9/ 100

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

Comparables

Properties near 551 Cochise Crescent

Time

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