902 Parkland Avenue, Mississauga

$3,899,000
902 Parkland Avenue

$3,899,000

New
18d
Detached2-Storey

902 Parkland Avenue, Mississauga

Total Monthly Obligation $18,601

Beds
6
Baths
7
Park
8
Sqft
3500-5000
DOM
18d
Score
13
Yield
2.5%
Cash on Cash
-13.9%
Cap Rate
1.6%
5Y IRR
4.7%
10Y IRR
6.2%
Property Type-Detached
MLS® Number-W13863158
Beds-6
Bathrooms-7
Size-3500-5000 sqft
Lot Size-72 × 166 ft
Listed on site-Oct 5, 2026
Style-2-Storey
Building Type-Detached
Taxes-$29,982.56 (2026)
Parking-10 - Built-In
Basement-Finished with Walk-Out, Separate Entrance, Full
Heating-Forced Air (Gas)
Brokerage-SAM MCDADI REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Natural Gas
Pool-None
Facing-West
Exterior-Stucco (Plaster), Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Clarkson
Title-Residential Freehold

No agent assigned

Set within one of Mississauga's distinguished residential enclaves, this exceptional custom-built residence spans approx. 6,700 SF of refined living space, showcasing timeless architecture, sophisticated interiors & an impressive collection of resort-inspired amenities. Completed in 2024, the residence welcomes with striking stone & stucco detailing, manicured grounds & a grand covered entrance. A dramatic open-to-above foyer w/ statement lighting, intricate wainscotting & a residential elevator establishes an immediate sense of grandeur. Expansive principal rooms feature marble & engineered hardwood flooring, custom millwork, four skylights & abundant natural light. Designed for the discerning home chef, the sophisticated kitchen incl. marble countertops, custom cabinetry, oversized island, integrated appliances & dedicated pantry & servery, flowing seamlessly into the generous dining & living spaces. Anchored by a gas fireplace & custom built-ins, the living room extends effortlessly outdoors to a beautifully appointed rear setting w/ covered entertaining terrace, expansive deck, mature landscaping & 8-person hot tub. Above offers 5 bedrooms incl. an impressive Primary Suite w/ 5pc ensuite, heated floors & walk-in closet, complemented by 4 additional ensuites & a dedicated laundry. The lower level transforms into an exceptional lifestyle retreat incl. a large media room, additional recreation space, dedicated gym, sauna, cold room & guest bedroom w/ ensuite. An extensive list of amenities incl. Cambridge residential elevator, smart controls for thermostats, garage doors & security, 2 independent HVAC systems, central vacuum, water softener & filtration system, automatic irrigation, comprehensive surveillance, EV charging rough-in & extra-high garage ceiling. A rare opportunity for discerning buyers seeking substantial scale, elevated design & an amenity-rich lifestyle in a renowned South Mississauga neighbourhood.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$3,119,200
Land Transfer Taxes$83,950
Legal Fees (Est.)
$
Total cash required for closing$865,250

Total Monthly Obligation

$18,601/mo
Mortgage $15,727
Monthly Loss $14,462
Principal$4,139
Interest$11,589
Property Tax$2,499
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.3%9
Cash-on-Cash
-16.3%0
5-Year IRR
2.8%6
10-Year IRR
5.1%
Returns Index
4.2/ 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
$96,156/yr
NOI
$52,058/yr
Net Cash Flow
-$11,389/mo
Cash Margin
-142.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.282
LTV Ratio
80.0%18
Vacancy Buffer
0.5 mo12
Risk Index
10.8/ 100

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

Comparables

Properties near 902 Parkland Avenue

Time

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