3229 Respond Road, Mississauga

$1,289,000
3229 Respond Road

$1,289,000

New
2d
Detached2-Storey

3229 Respond Road, Mississauga

Total Monthly Obligation $6,210

HausQ Valuation Report
Beds
4
Baths
4
Park
2
Sqft
2000-2500
DOM
2d
Score
16
Yield
4.0%
Cash on Cash
-6.5%
Cap Rate
3.2%
5Y IRR
10.5%
10Y IRR
10.6%
Property Type-Detached
MLS® Number-W14102752
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-31.99 × 104.99 ft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Detached
Taxes-$7,630 (2025)
Parking-4 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-GET SOLD REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Churchill Meadows
Title-Residential Freehold

No agent assigned

Welcome to 3229 Respond Rd in Erin Mills. This 4+1 Bedroom, 4 Bathroom home shows nicely with a brick exterior, 2 car garage and landscaped yard. Inside features hardwood and tile floors, a main floor powder room, gas fireplace and stainless appliances in the kitchen. A hardwood staircase leads to 4 generous bedrooms, two 4 piece bathrooms and a convenient second floor laundry room with full-size washer and dryer. The backyard has a pergola and vinyl shed. The basment is fully renovated with a charming 1 bedroom apartment, 3 piece bathroom and pantry. Offered under power of sale

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

Closing Costs

Mortgage Amount
$1,031,200
Land Transfer Taxes$22,255
Legal Fees (Est.)
$
Total cash required for closing$281,555

Total Monthly Obligation

$6,210/mo
Mortgage $5,199
Monthly Loss $4,842
Principal$1,368
Interest$3,831
Property Tax$636
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.1%1
5-Year IRR
7.7%21
10-Year IRR
8.7%
Returns Index
12.0/ 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
$51,804/yr
NOI
$34,494/yr
Net Cash Flow
-$2,325/mo
Cash Margin
-53.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo24
Risk Index
16.0/ 100

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

Comparables

Properties near 3229 Respond Road

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.