6348 Atherly Crescent, Mississauga

$989,888
6348 Atherly Crescent

$989,888

New
3d
Semi-Detached Backsplit 5

6348 Atherly Crescent, Mississauga

Total Monthly Obligation $4,858

Beds
5
Baths
3
Park
3
Sqft
1500-2000
DOM
3d
Score
17
Yield
4.4%
Cash on Cash
-4.8%
Cap Rate
3.5%
5Y IRR
11.8%
10Y IRR
11.6%
Property Type-Semi-Detached
MLS® Number-W14100512
Beds-5
Bathrooms-3
Size-1500-2000 sqft
Lot Size-30.71 × 126.06 ft
Listed on site-Oct 20, 2026
Style-Backsplit 5
Building Type-Semi-Detached
Taxes-$5,885.54 (2026)
Parking-3 - Built-In
Basement-Finished with Walk-Out, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Meadowvale
Title-Residential Freehold

No agent assigned

Strategic Multi-Suite Versatility & Income Potential in Central Meadowvale! Discover the possibilities of this unique semi-detached backsplit offering over 2,300 sq. ft. of reported finished living space, three kitchens, three bathrooms and three distinct living areas. Offered 100% VACANT ON CLOSING, this property presents exceptional flexibility for multi-generational living, extended family accommodation or buyers exploring its investment potential. The main level features a spacious 3-bedroom, 1-bathroom layout with a balcony, providing comfortable everyday living. The rear walkout area offers an additional 1-bedroom, 1-bathroom layout with its own kitchen and separate walkout access. The lower basement area features another 1-bedroom, 1-bathroom layout with a kitchen, creating further possibilities for extended family, guests or other permitted uses. With three kitchens, three bathrooms, shared laundry and parking for three vehicles, including one garage space, the property's versatile configuration offers a range of possibilities to suit changing household needs. Vacant possession provides the opportunity to plan your own use of the space from day one. Conveniently located in established Meadowvale, close to parks, walking trails, schools, Meadowvale Community Centre & Library, Meadowvale Town Centre, MiWay transit, Meadowvale GO Station and major highway connections including Highways 401 and 407. Whether you're looking for flexible multi-generational living, additional private accommodation or a property with future income potential, this is an opportunity to explore in a well-connected Mississauga neighbourhood.

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

Closing Costs

Mortgage Amount
$791,910
Land Transfer Taxes$16,273
Legal Fees (Est.)
$
Total cash required for closing$215,751

Total Monthly Obligation

$4,858/mo
Mortgage $3,993
Monthly Loss $3,808
Principal$1,051
Interest$2,942
Property Tax$490
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.9%1
5-Year IRR
8.6%27
10-Year IRR
9.5%
Returns Index
14.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$43,824/yr
NOI
$29,056/yr
Net Cash Flow
-$1,572/mo
Cash Margin
-43.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
18.7/ 100

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

Comparables

Properties near 6348 Atherly Crescent

Time

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