1320 Gatehouse Drive, Mississauga

$1,999,999
1320 Gatehouse Drive

$1,999,999

New
22d
DetachedSidesplit

1320 Gatehouse Drive, Mississauga

Total Monthly Obligation $9,606

Beds
3
Baths
3
Park
6
Sqft
2000-2500
DOM
22d
Score
15
Yield
3.4%
Cash on Cash
-9.8%
Cap Rate
2.5%
5Y IRR
7.9%
10Y IRR
8.6%
Property Type-Detached
MLS® Number-W13850906
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-82.49 × 210.99 ft
Listed on site-Oct 1, 2026
Style-Sidesplit
Building Type-Detached
Taxes-$13,968.65 (2026)
Parking-8 - Attached
Basement-Partial Basement, Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Natural Gas
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Immediate
Neighbourhood-Clarkson
Title-Residential Freehold

No agent assigned

Welcome to a home with a beautiful southern exposure looking directly over the Rattray Marsh conservation area in all of its splendor. In the winter, you even see Lake Ontario just beyond. This home sits on a peaceful, quiet cul de sac. It's only 1 second away-just step out the back gate to Rattray Marsh, a 1 minute walk to Waterfront Trail and Lake Ontario, as well as a 5 minute walk to Jack Darling Park. It's a nature lover's paradise. Whether you're a family or a couple, young or old, you'll enjoy this home to the fullest. It is located in a top renowned school district which includes Lorne Park Secondary School and Greenglade and Owenwood Public Schools. A short drive to either Clarkson or Port Credit Go Train Stations means you can get to work or play in downtown Toronto quickly and comfortably. This house is in a prime location. Inside, the home is bright and airy with plenty of space for everyday family life. A few steps up takes you to an updated kitchen featuring quartz countertops, plenty of workspace and a sunny breakfast area. The kitchen flows into the dining room with a beautiful vista view and a walkout onto a spacious deck in the private backyard. Next to the dining room is the living room providing another comfortable place to gather with views galore. On this level, you'll also find three generously-sized bedrooms with hardwood floors throughout, a private ensuite bathroom and a good sized updated main bathroom with a large skylight. This home also features a spacious family room with a walkout onto the stunning south facing back yard and another amazing view over the conservation area. Downstairs, the partially finished basement is ready for you to make it your own. There is loads of space to create a workroom, bedroom, theatre, gym and playroom. Outside, a six car driveway plus a two car garage provides ample parking for family and guests. They say location, location, location. This home is a unicorn. It is truly one of those special spots.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,599,999
Land Transfer Taxes$36,475
Legal Fees (Est.)
$
Total cash required for closing$437,975

Total Monthly Obligation

$9,606/mo
Mortgage $8,067
Monthly Loss $7,484
Principal$2,123
Interest$5,945
Property Tax$1,164
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.8%0
5-Year IRR
5.6%13
10-Year IRR
7.1%
Returns Index
7.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$67,104/yr
NOI
$41,925/yr
Net Cash Flow
-$4,574/mo
Cash Margin
-81.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
1.0 mo17
Risk Index
12.9/ 100

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

Comparables

Properties near 1320 Gatehouse Drive

Time

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