1519 Elite Road, Mississauga

$1,749,999
1519 Elite Road

$1,749,999

New
25d
DetachedBungalow

1519 Elite Road, Mississauga

Total Monthly Obligation $8,341

HausQ Valuation Report
Beds
5
Baths
2
Park
6
Sqft
2000-2500
DOM
25d
Score
14
Yield
3.1%
Cash on Cash
-10.7%
Cap Rate
2.3%
5Y IRR
7.2%
10Y IRR
8.1%
Property Type-Detached
MLS® Number-W13835528
Beds-5
Bathrooms-2
Size-2000-2500 sqft
Lot Size-100.15 × 131.37 ft
Listed on site-Sep 28, 2026
Style-Bungalow
Building Type-Detached
Taxes-$10,879.01 (2026)
Parking-8 - Attached
Basement-Finished, Half
Heating-Radiant (Gas)
Brokerage-ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL EST
Cooling-Central Air
Laundry-No
Fireplace-Wood, Living Room
Pool-Inground
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Lorne Park
Title-Residential Freehold

No agent assigned

This rare 100-ft frontage lot offers an exciting canvas for builders, investors, or those dreaming of creating a custom residence perfectly tailored to their lifestyle. Surrounded by impressive custom-built homes and in a mature, established neighbourhood. The existing bungalow boasts approximately 2,100 sq. ft. of above-grade living space and offers plenty of potential to renovate, reimagine, or make your own. Step outside to a private backyard perfect for enjoying long summer days with family and friends.Families will appreciate the convenience of being within walking distance of Lorne Park Secondary School, while commuters will love the easy access to Clarkson GO and the QEW.Just minutes away, discover the vibrant shops, restaurants, cafes, and waterfront trails of Port Credit, adding an exceptional lifestyle component to this already sought-after location.Whether you envision transforming the existing home or building your dream residence from the ground up, this rare Lorne Park property offers endless possibilities.

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Closing Costs

Mortgage Amount
$1,399,999
Land Transfer Taxes$31,475
Legal Fees (Est.)
$
Total cash required for closing$382,975

Total Monthly Obligation

$8,341/mo
Mortgage $7,059
Monthly Loss $6,483
Principal$1,858
Interest$5,201
Property Tax$907
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.7%0
5-Year IRR
4.9%11
10-Year IRR
6.6%
Returns Index
6.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$54,108/yr
NOI
$33,318/yr
Net Cash Flow
-$4,282/mo
Cash Margin
-95.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.393
LTV Ratio
80.0%18
Vacancy Buffer
1.2 mo19
Risk Index
13.4/ 100

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

Comparables

Properties near 1519 Elite 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.