5615 Whitehorn Avenue, Mississauga

$1,189,000
5615 Whitehorn Avenue

$1,189,000

New
9d
Detached2-Storey

5615 Whitehorn Avenue, Mississauga

Total Monthly Obligation $5,772

Beds
4
Baths
4
Park
2
Sqft
2000-2500
DOM
9d
Score
17
Yield
4.3%
Cash on Cash
-5.4%
Cap Rate
3.4%
5Y IRR
11.3%
10Y IRR
11.2%
Property Type-Detached
MLS® Number-W14032288
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-41.83 × 103.35 ft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$7,216 (2025)
Parking-4 - Attached
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-CITYSCAPE REAL ESTATE LTD.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-East
Exterior-Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Allow 2 Weeks
Neighbourhood-East Credit
Title-Residential Freehold

No agent assigned

{STEP INSIDE} Every street has one house people slow down for. On Whitehorn Ave, this is it. A glass panelled entry door opens to an L-shaped foyer with a double mirror closet, and the home unfolds from there. Detached 2-storey with 3+1 bdrms, 2 kitchens & a separate entrance, it gives a growing family or a multi-generational household room to spread out. {MAIN LEVEL} Living & dining rooms run together with parquet flooring, large windows & built-in shelving, a long space made for hosting. The kitchen has a double sink, dishwasher & hood range, and opens to a bright breakfast area with a walkout to the deck. The family room has hardwood flooring, pot lights, a gas fireplace & a backyard view. That is where the evenings end up. Main floor laundry has a tub & opens to the garage, plus a 2pc powder room. {UPPER LEVEL} The primary bdrm has hardwood flooring, a walk-in closet with built-in shelving & a 5pc ensuite with tile flooring, a separate stand-up shower & double sink. Two people can get ready without a queue. Bdrm two has hardwood flooring & its own walk-in closet with built-in shelving. Bdrm three has a double closet. A 4pc bath serves the other two. {LOWER LEVEL} A separate entrance leads to the rec room, with laminate flooring. The lower level has its own kitchen with Corian countertops & double sink, a dining area with pot lights, a bdrm with walk-in closet, a 3pc bath with laundry & a flex room for a bdrm or storage. Parents, grown kids or guests get a space of their own, with a utility room & water softener kept out of the way. {LOCATION} Whitehorn PS (PK-5) & Hazel McCallion Sr PS (6-8) are the catchment schools, with Rick Hansen SS for high school. Trooper Marc Diab Memorial Park is a 3 minute walk, Pickwick Green Park 6 & Carolyn Creek Trail 10. A bus stop is a 5 minute walk away & Credit Valley Hospital is nearby. Streetsville GO is the closest GO station.

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

Closing Costs

Mortgage Amount
$951,200
Land Transfer Taxes$20,255
Legal Fees (Est.)
$
Total cash required for closing$259,555

Total Monthly Obligation

$5,772/mo
Mortgage $4,796
Monthly Loss $4,510
Principal$1,262
Interest$3,534
Property Tax$601
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.2%1
5-Year IRR
8.4%25
10-Year IRR
9.3%
Returns Index
13.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$50,880/yr
NOI
$34,076/yr
Net Cash Flow
-$1,956/mo
Cash Margin
-46.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
16.9/ 100

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

Comparables

Properties near 5615 Whitehorn Avenue

Time

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