89 Cumberland Drive, Mississauga

$4,988,000
89 Cumberland Drive

$4,988,000

New
21d
DetachedBungalow

89 Cumberland Drive, Mississauga

Total Monthly Obligation $21,681

Beds
4
Baths
5
Park
6
Sqft
3000-3500
DOM
21d
Score
13
Yield
1.6%
Cash on Cash
-15.6%
Cap Rate
1.2%
5Y IRR
3.5%
10Y IRR
5.3%
Property Type-Detached
MLS® Number-W13855886
Beds-4
Bathrooms-5
Size-3000-3500 sqft
Lot Size-60 × 155.5 ft
Listed on site-Oct 2, 2026
Style-Bungalow
Building Type-Detached
Taxes-$14,226 (2025)
Parking-8 - Built-In
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas, Living Room
Pool-None
Facing-North
Exterior-Stone
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Port Credit
Title-Residential Freehold

No agent assigned

A truly exceptional luxury bungalow in the heart of Port Credit, offering over 6,000 sq. ft. of impeccably finished living space across two levels. Set on an extraordinary 60' x 155' pie-shaped lot widening to approximately 100' at the rear, this architecturally distinctive residence delivers a rare combination of grand proportions, refined craftsmanship and sophisticated contemporary design. Featuring 3+1 bedrooms and 5 bathrooms, every element has been thoughtfully curated to create an impressive yet inviting home. The open-concept main floor is defined by soaring 13' ceilings, wide-plank oak hardwood flooring, custom 9' solid wood interior doors and exceptional architectural detailing throughout, including Venetian plaster finishes, custom wood feature walls, sculptural ceiling treatments and thoughtfully curated millwork. The elegant living room features a 40" gas fireplace framed by Venetian plaster, while the dining area offers a walk-out to an expansive two-tier deck. The family room is anchored by a custom wood feature wall, adding warmth, texture and contemporary character. At the heart of the home, the designer kitchen showcases striking Taj Mahal stone countertops and backsplash, a generous centre island and a seamless layout designed for both everyday living and entertaining. The luxurious primary suite features a dramatic vaulted ceiling, walk-through closet and spa-inspired 5-piece ensuite. Two additional main-floor bedrooms each enjoy their own private ensuite. The fully finished lower level continues to impress with 10' ceilings, heated floors and exceptional lifestyle amenities, including an additional bedroom, dedicated gym, home theatre with 120" screen, expansive recreation and entertaining areas, dry sauna and Turkish bath. A beautifully curated residence offering dramatic scale, bespoke architectural detailing, premium finishes and exceptional functionality in one of Port Credit's most sought-after neighbourhoods. Luxury Certified.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$3,990,400
Land Transfer Taxes$111,175
Legal Fees (Est.)
$
Total cash required for closing$1,110,275

Total Monthly Obligation

$21,681/mo
Mortgage $20,120
Monthly Loss $16,386
Principal$5,295
Interest$14,826
Property Tax$1,186
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.1%8
Cash-on-Cash
-17.6%0
5-Year IRR
1.8%4
10-Year IRR
4.3%
Returns Index
3.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
13/ 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
$79,356/yr
NOI
$52,694/yr
Net Cash Flow
-$15,729/mo
Cash Margin
-237.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.222
LTV Ratio
80.0%18
Vacancy Buffer
0.5 mo12
Risk Index
10.5/ 100

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

Comparables

Properties near 89 Cumberland Drive

Time

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Data last updated within the past 24 hours.