2547 Morrison Avenue, Mississauga

$1,999,999
2547 Morrison Avenue

$1,999,999

New
3d
Detached2-Storey

2547 Morrison Avenue, Mississauga

Total Monthly Obligation $9,456

Beds
5
Baths
4
Park
6
Sqft
3000-3500
DOM
3d
Score
15
Yield
3.5%
Cash on Cash
-8.6%
Cap Rate
2.7%
5Y IRR
8.9%
10Y IRR
9.3%
Property Type-Detached
MLS® Number-W14096858
Beds-5
Bathrooms-4
Size-3000-3500 sqft
Lot Size-50 × 304 ft
Listed on site-Oct 20, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$12,162.74 (2026)
Parking-8 - Attached
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-REALTY EXECUTIVES PLUS LTD
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-Erindale
Title-Residential Freehold

No agent assigned

RARE 50' x 304' LOT | CUSTOM-BUILT HOME | FINISHED WALK-OUT BASEMENT An exceptional opportunity to own a custom-built home, originally constructed in 1999 and set on a rare 50' x 304' premium lot in the desirable Huron Park community. The extraordinary depth of the property provides a private, mature backyard, a custom-built shed with electrical power, and abundant space for gardening, entertaining, recreation and relaxation. The main floor features 9-foot ceilings, a spacious foyer and hardwood flooring throughout. A versatile home office or main-floor bedroom adds flexibility, while the inviting open-concept living and dining areas are thoughtfully designed for both comfortable family living and entertaining. At the heart of the home is a bright, generously sized kitchen featuring granite countertops, updated stainless-steel appliances, and a brand-new gas range and faucet. The sunny breakfast area, surrounded by large windows, overlooks the beautiful backyard. A walk-out provides direct access to the deck and expansive outdoor setting-ideal for family gatherings and summer entertaining. Upstairs, the spacious primary bedroom offers two walk-in closets, a private sitting area and a newly professionally redesigned 5-piece ensuite. Three additional generously sized bedrooms, each with large closets, are complemented by a newly professionally renovated main bathroom. The finished basement significantly expands the home's living space and features higher ceilings, an oversized recreation room with large windows, gas fireplace, wet bar, cold cellar and dedicated workroom, along with extensive storage. An additional bedroom with two closets and an adjoining 3-piece bathroom provides excellent flexibility for guests or extended family. The separate walk-out leads directly to the backyard, creating exceptional versatility for multi-generational living, recreation and entertaining.

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

Closing Costs

Mortgage Amount
$1,599,999
Land Transfer Taxes$36,475
Legal Fees (Est.)
$
Total cash required for closing$437,975

Total Monthly Obligation

$9,456/mo
Mortgage $8,067
Monthly Loss $7,333
Principal$2,123
Interest$5,945
Property Tax$1,014
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.6%0
5-Year IRR
6.5%16
10-Year IRR
7.8%
Returns Index
9.3/ 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
$70,680/yr
NOI
$46,949/yr
Net Cash Flow
-$4,155/mo
Cash Margin
-70.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
1.0 mo17
Risk Index
13.3/ 100

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

Comparables

Properties near 2547 Morrison Avenue

Time

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Data last updated within the past 24 hours.