396 Derrydale Drive, Mississauga

$1,598,800
396 Derrydale Drive

$1,598,800

New
22d
Detached2-Storey

396 Derrydale Drive, Mississauga

Total Monthly Obligation $7,620

HausQ Valuation Report
Beds
7
Baths
5
Park
3
Sqft
3000-3500
DOM
22d
Score
15
Yield
3.3%
Cash on Cash
-9.6%
Cap Rate
2.5%
5Y IRR
8.0%
10Y IRR
8.7%
Property Type-Detached
MLS® Number-W13851250
Beds-7
Bathrooms-5
Size-3000-3500 sqft
Lot Size-12.2 × 33.5 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Detached
Taxes-$9,553 (2025)
Parking-5 - Attached
Basement-Apartment, Separate Entrance, Walk-Out
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 RED STAR REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Family Room
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Meadowvale Village
Title-Residential Freehold

No agent assigned

SUPER RARE - 5 + 2 bedroom, 5-washrooms, offers approximately 4,300 sq ft of refined living space in the prestigious community of Meadowvale Village with a LEGAL 2 bedroom basement apartment. This property was FULLY RENOVATED in 2023, including a new roof in 2020, furnace & tankless water tank in 2021 - the property showcases marble accents, a custom chefs kitchen with panel-ready Jenn-Air appliances, stone counters, gas stove and meticulously updated bathrooms throughout. The main level features expansive principal rooms, elegant finishes, and a layout ideal for both family living and entertaining. The upper level includes generously sized bedrooms, each designed with comfort and style in mind. All bathrooms are spa-inspired with a modern style. A standout feature is the LEGAL 2-bedroom basement apartment with Walkup or entrance from the house. Perfect for multi-generational living or rental income. The backyard is an entertainer's dream with a large deck and stone patio, offering a private outdoor retreat.

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

Closing Costs

Mortgage Amount
$1,279,040
Land Transfer Taxes$28,451
Legal Fees (Est.)
$
Total cash required for closing$349,711

Total Monthly Obligation

$7,620/mo
Mortgage $6,449
Monthly Loss $5,923
Principal$1,697
Interest$4,752
Property Tax$796
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
$52,848/yr
NOI
$33,510/yr
Net Cash Flow
-$3,657/mo
Cash Margin
-83.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
1.3 mo20
Risk Index
14.0/ 100

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

Comparables

Properties near 396 Derrydale Drive

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.