1262 Kelly Road, Mississauga

$1,098,880
1262 Kelly Road

$1,098,880

Price Change
24d
DetachedBungalow

1262 Kelly Road, Mississauga

Total Monthly Obligation $5,339

Beds
5
Baths
2
Park
4
Sqft
1100-1500
DOM
24d
Score
17
Yield
4.3%
Cash on Cash
-5.2%
Cap Rate
3.5%
5Y IRR
11.4%
10Y IRR
11.3%
Property Type-Detached
MLS® Number-W13840634
Beds-5
Bathrooms-2
Size-1100-1500 sqft
Lot Size-50 × 125 ft
Listed on site-Sep 29, 2026
Style-Bungalow
Building Type-Detached
Taxes-$6,375.15 (2026)
Parking-4 - None
Basement-Separate Entrance
Heating-Forced Air (Electric)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-Above Ground
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-60 days/TBD
Neighbourhood-Clarkson
Title-Residential Freehold

No agent assigned

Welcome to 1262 Kelly Rd, Mississauga. Custom kitchen with brand-new appliances, large centre island with extra cabinets and draws, granite countertops and glass tile backsplash, wooden ceiling beams. 4-piece custom spa inspired jetted rainfall shower and separate tub, built-in LED wifi speakers, anti-fog mirror with lights. Feature limestone fireplace wall in living room with Bay window, pot lights throughout, freshly painted. Versatile extension offering flexible use as a dining room or home office with potential to create an additional bedroom and existing additional sliding-door walkout to the backyard deck. Separate side entrance to basement apartment with kitchenette and bathroom for extra income potential. Private driveway with rolling gate that opens for extra parking. The backyard has a large oversized deck with a built-in pool perfect for family entertaining and relaxing. Conveniently located 5 mins to Clarkson GO Station, Walking distance to shopping, top-rated schools, parks, trails and all amenities, close to Lake Ontario and the QEW with access to all Highways.

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

Closing Costs

Mortgage Amount
$879,104
Land Transfer Taxes$18,453
Legal Fees (Est.)
$
Total cash required for closing$239,729

Total Monthly Obligation

$5,339/mo
Mortgage $4,433
Monthly Loss $4,172
Principal$1,166
Interest$3,266
Property Tax$531
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.1%1
5-Year IRR
8.4%26
10-Year IRR
9.3%
Returns Index
14.0/ 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
$47,328/yr
NOI
$31,720/yr
Net Cash Flow
-$1,789/mo
Cash Margin
-45.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo28
Risk Index
17.6/ 100

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

Comparables

Properties near 1262 Kelly Road

Time

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