2599 Lundene Road, Mississauga

$849,900
2599 Lundene Road

$849,900

New
4d
Semi-Detached Backsplit 3

2599 Lundene Road, Mississauga

Total Monthly Obligation $4,239

Beds
4
Baths
2
Park
2
Sqft
1100-1500
DOM
4d
Score
19
Yield
4.9%
Cash on Cash
-3.0%
Cap Rate
3.9%
5Y IRR
13.2%
10Y IRR
12.7%
Property Type-Semi-Detached
MLS® Number-W14095542
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-30 × 125 ft
Listed on site-Oct 19, 2026
Style-Backsplit 3
Building Type-Semi-Detached
Taxes-$5,232.81 (2026)
Parking-4 - Attached
Basement-Full, Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick Veneer, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Sewer
Possession-Immediate
Neighbourhood-Clarkson
Title-Residential Freehold

No agent assigned

Welcome To This Beautifully Renovated 3 Bedroom, 2 Bathroom Semi Detached Home In The Highly Desirable Clarkson Community Of Mississauga! Thoughtfully Updated From Top To Bottom, This Move In Ready Home Offers Modern Finishes And A Functional Layout Perfect For Families, First Time Buyers Or Downsizers. The Custom Main Floor Kitchen Features Sleek White Cabinetry, Quartz Countertops, Stainless Steel Appliances And A Bright Eat In Area Overlooking The Spacious Living Room With A Walkout To A Private Fully Fenced Backyard, Perfect For Relaxing Or Entertaining. Hardwood Flooring Enhances The Main Level, While Durable Vinyl Flooring Continues Throughout The Upper And Lower Levels. The Recently Updated Basement Offers Exceptional Additional Living Space With A Separate Entrance, Kitchen, Spacious Recreation Room, Additional Den, Laundry Room And Full 3 Piece Bathroom, Providing Excellent Flexibility For Extended Family, Guests Or A Private Home Office. Ideally Located Minutes From Clarkson GO Station, The QEW, Highway 403 And The Gardiner Expressway For Easy Commuting Throughout The GTA. Enjoy Nearby Parks, Excellent Schools, Shopping, Restaurants, Community Centres And The Beautiful Waterfront Trails And Beaches Of Rattray Marsh Conservation Area And Jack Darling Memorial Park. A Fantastic Opportunity To Own A Turnkey Home In One Of Mississauga's Most Established And Family Friendly Neighbourhoods.

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

Closing Costs

Mortgage Amount
$679,920
Land Transfer Taxes$13,473
Legal Fees (Est.)
$
Total cash required for closing$184,953

Total Monthly Obligation

$4,239/mo
Mortgage $3,428
Monthly Loss $3,337
Principal$902
Interest$2,526
Property Tax$436
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.4%1
5-Year IRR
9.7%34
10-Year IRR
10.4%
Returns Index
18.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$41,400/yr
NOI
$27,527/yr
Net Cash Flow
-$1,134/mo
Cash Margin
-32.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
21.0/ 100

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

Comparables

Properties near 2599 Lundene Road

Time

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Data last updated within the past 24 hours.