578 Cavell Drive, Mississauga

$979,900
578 Cavell Drive

$979,900

New
18d
Semi-Detached Backsplit 5

578 Cavell Drive, Mississauga

Total Monthly Obligation $4,834

Beds
5
Baths
3
Park
1
Sqft
1500-2000
DOM
18d
Score
16
Yield
4.0%
Cash on Cash
-6.7%
Cap Rate
3.1%
5Y IRR
10.3%
10Y IRR
10.5%
Property Type-Semi-Detached
MLS® Number-W13868892
Beds-5
Bathrooms-3
Size-1500-2000 sqft
Lot Size-30 × 123.28 ft
Listed on site-Oct 5, 2026
Style-Backsplit 5
Building Type-Semi-Detached
Age-51-99
Taxes-$6,070.49 (2025)
Parking-2 - Attached
Basement-Apartment, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Cooksville
Title-Residential Freehold

No agent assigned

An outstanding opportunity to own a beautifully updated 5-level backsplit with seperate entrace to basement in a sought-after neighbourhood. Designed with family living in mind, this home features 4 bedrooms and 1 bedroom basement apartment , a modern kitchen with stylish cabinetry, that enhance its contemporary appeal. The inviting family room showcases a wood-burning fireplace and walkout to a private backyard, perfect for year-round enjoyment. Conveniently located close to schools, transit, shopping, dining, Trillium Health Partners Hospital, and major commuter routes including the QEW and Highway 403.

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

Closing Costs

Mortgage Amount
$783,920
Land Transfer Taxes$16,073
Legal Fees (Est.)
$
Total cash required for closing$213,553

Total Monthly Obligation

$4,834/mo
Mortgage $3,953
Monthly Loss $3,793
Principal$1,040
Interest$2,913
Property Tax$506
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.6%1
5-Year IRR
7.3%19
10-Year IRR
8.4%
Returns Index
11.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$39,600/yr
NOI
$25,070/yr
Net Cash Flow
-$1,864/mo
Cash Margin
-56.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
18.2/ 100

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

Comparables

Properties near 578 Cavell 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.