1138 Vanier Drive, Mississauga

$1,625,000
1138 Vanier Drive

$1,625,000

New
3d
Detached2-Storey

1138 Vanier Drive, Mississauga

Total Monthly Obligation $7,782

Beds
5
Baths
4
Park
2
Sqft
2500-3000
DOM
3d
Score
16
Yield
4.1%
Cash on Cash
-6.4%
Cap Rate
3.2%
5Y IRR
10.5%
10Y IRR
10.6%
Property Type-Detached
MLS® Number-W14098086
Beds-5
Bathrooms-4
Size-2500-3000 sqft
Lot Size-50 × 129.41 ft
Listed on site-Oct 20, 2026
Style-2-Storey
Building Type-Detached
Taxes-$10,226.27 (2026)
Parking-4 - Attached
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-SAM MCDADI REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-tbd
Neighbourhood-Lorne Park
Title-Residential Freehold

No agent assigned

Welcome to 1138 Vanier in the prestigious Lorne Park community, where this beautifully designed 2-storey home with a double car garage invites you to move in and enjoy. Picture yourself sipping your favourite beverage on the inviting front porch, a perfect spot to unwind. Inside, the functional layout creates an easy flow from room to room, ideal for family living and entertaining, with over 3500 sq ft of total living space providing ample room to breathe and thrive. The interior boasts hardwood floors throughout, freshly painted walls, and custom kitchen cabinetry that enhances its charm. The chef's dream kitchen features a cozy breakfast nook, a dedicated office/desk area, high-end appliances including a Wolf stove and ASKO dishwasher, a beverage fridge, and elegant granite countertops, all with seamless access to the backyard through the kitchen's walkout, where you can relish the serenity of lush landscaping and a completely fenced-in yard, perfect for children and pets to play. The main floor also includes a cozy family room with a wood-burning fireplace, a convenient powder room, and a laundry area for added practicality. Upstairs, you'll discover four spacious bedrooms complemented by two well-appointed bathrooms, with the primary suite serving as a true retreat featuring a walk-in closet and an updated 4-piece ensuite for your perfect escape at the end of the day. The large basement, also accessible via a separate entrance, includes an additional sizable bedroom and bathroom, making it ideal for guests or as a private space for older children, plus plenty of storage space to keep everything organized. Located in a vibrant neighbourhood, you'll find excellent schools, the charming Clarkson and Port Credit villages, beautiful Lake Ontario, various shops, and restaurants nearby, along with easy access to the QEW and the Clarkson GO station. Don't miss the opportunity to make it yours.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,300,000
Land Transfer Taxes$28,975
Legal Fees (Est.)
$
Total cash required for closing$355,475

Total Monthly Obligation

$7,782/mo
Mortgage $6,555
Monthly Loss $6,057
Principal$1,725
Interest$4,830
Property Tax$852
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.8%1
5-Year IRR
7.9%23
10-Year IRR
8.9%
Returns Index
12.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$65,880/yr
NOI
$44,566/yr
Net Cash Flow
-$2,841/mo
Cash Margin
-51.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
1.2 mo20
Risk Index
14.7/ 100

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

Comparables

Properties near 1138 Vanier Drive

Time

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